Presented by EPRI
This Learning Lab will provide a primer on energy storage market drivers, applications, valuation, technologies, and integration considerations. It also provides an overview of available reference documents to support further learning. Attendees will learn about trends shaping the market for energy storage, which applications for energy storage are currently being deployed, how energy storage costs and benefits are determined, and which energy storage technologies and currently being developed. This Learning Lab will also discuss integration and implementation considerations for energy storage projects and dive into EPRI’s perspective on the current priorities for energy storage applied research and additional resources that can be used to learn more about energy storage.
This Learning Lab will evaluate the different contracts and financing needed for successful energy storage project development. The program will pull in experts in engineering, finance, and law to provide insights into key aspects of the project development process. Attendees will learn about the different contracts and agreements that make up a typical energy storage project, with emphasis being made on how the timeline, the level of interconnection, and different contracts and agreements affect the project financing process. Our goal is to help project developers craft better quality project packages faster, allowing investors to more quickly determine if the project fits their investment criteria. This Learning Lab will also discuss possible follow-on opportunities to develop more resources for the energy storage industry, such as standardized performance metrics, industry accepted checklists, and additional best practice guides and resources.
Presented by Customized Energy Solutions
This Learning Lab will provide insights into the key market opportunities for energy storage resources in the U.S. This workshop builds on the information presented in the Energy Storage 101 Learning Lab, but also stands alone as an in-depth session on U.S. markets and business models for energy storage. Attendees will learn about relevant market participation models in the seven U.S. organized wholesale electric (ISO/RTO) markets as well as important programs at the federal and state level. Material will cover market design features for in front of the meter and behind the meter resources, as well as for distributed energy resources (DERs). This Learning Lab will also discuss and explore case studies including multiple use applications and hybrid resources and their implications on the value proposition of energy storage.
This Learning Lab will offer attendees the opportunity to evaluate ways to successfully manage the operation and maintenance of a battery energy storage facility. Attendees will learn how to determine whether an asset manager can achieve their targeted rate of return and review decisions that include optimizing operation to maximize revenues; incorporating physical degradation and lifetime impacts into operating algorithms; deciding when to augment capacity to maintain contractual performance; and protocols to maintain and enhance safety. This Learning Lab will also discuss the main operations and maintenance decisions involved in optimizing battery energy storage asset value, as well as the tools and strategies that asset managers employ to make those decisions.