Forecast Battery Energy Storage Value
Company
National Independent Power Producer (IPP).
Challenge
Forecast operations and operating margins of Battery Energy Storage (BES) plants in ERCOT and estimate the impacts of various capacity expansion scenarios on BES value.
SATURN
- Simulated potential ERCOT market prices and the operations of various BES technologies.
- Co-optimized generation, charging, and ancillary services of BES plants across multiple price scenarios.
- Generated detailed revenue forecasts and conducted sensitivity analysis for various generation expansion plans.
Impact
- Empowered IPP leadership to make data-driven investment decisions for BESS deployment across ERCOT.
- Provided a detailed evaluation of different BES technologies and sensitivity to potential market changes.
- Reconciled forecasted operations and valuations with back tests using actual recent market prices.