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Energy Storage: Tackling the Revenue Modeling Challenge
GridSME Engineering & Interconnection Team • Mar 22, 2019
In an effort to help a broad audience see and understand how storage can be monetized in wholesale electricity markets (such as in CAISO), GridSME is using its eStorm model to simulate a fictional in-front-of-the-meter battery operating on a Bay Area Pnode throughout 2019.
We call this fictional storage project Greenbrier – a 2 MW, 8 MWh standalone storage project. As the year progresses, we’ll share the battery’s performance, strategy, results, and our analysis. Below are the results from March.
Click here to read the complete Greenbrier BESS March Analysis
A Quick Refresher: NERC’s Work Plan and Initiative to Enhance Grid Reliability
Insights from GridSME: California's Renewable Energy Roadmap GridSME's Subject Matter Experts, Gary Brown and Lowell Watros, contributed valuable insights to this article for Reuters. Their expertise helped provide information and analysis on California's latest grid plan, particularly concerning grid improvements, renewable energy projects, and an expected surge in solar and storage projects. With their input, the article offers a comprehensive understanding of the developments in California's energy landscape and the implications for the renewable energy sector. Below are some of the key insights and takeaways from the article.