Hybrid Business Case Assessment

Developing Renewable Power

Energy Storage

Energy storage has a high potential in the field of renewable energy, as it reduces the variability of the power produced, smoothing out or firming the energy output. This results into a grid system which balances the intermittent power to create an output that is more reliable, flexible and profitable.

We offer

A report evaluating the different energy storage possibilities and their fitness for the site, be it pre- or post-construction, that includes:

  • Evaluation of the historic price and market intermittency
  • Assessment of the impact of the energy storage system (ESS) at the local project node
  • Technology evaluation including comparison of thermal and battery technologies, their efficiency characteristics, and their charging and discharging cycles
  • Optimal sizing of the ESS
  • Assessment of the payback period and internal rate of return (IRR)
  • Sensitivity analysis to technical and market characteristics
  • Estimation of technical and economic feasibility