Battery Energy Storage Systems – Renewables Investor
Live Online Course
8.5 Hours
The target audience for the Battery Energy Storage Systems – Renewables Investor course includes:
Renewable Energy Investors: Individuals or entities looking to invest in BESS projects as part of their renewable energy portfolio.
Financial Analysts: Professionals assessing the financial viability and potential returns of investing in BESS within the renewables sector.
Venture Capitalists: Investors focused on funding innovative energy storage technologies and startups.
Investment Managers: Managers overseeing investment portfolios that include renewable energy and BESS assets.
Institutional Investors: Organizations like pension funds or endowments interested in the long-term potential of BESS investments.
Private Equity Firms: Firms looking to acquire or invest in companies developing or operating BESS solutions.
Energy Sector Entrepreneurs: Entrepreneurs exploring opportunities in the BESS market and seeking to understand its investment potential.
Renewable Energy Developers: Professionals involved in developing renewable energy projects who need to understand the financial dynamics of integrating BESS.
This course is ideal for those seeking to make informed investment decisions in the growing market of BESS, particularly within the context of renewable energy integration.
This course is tailored for investors interested in the rapidly growing field of Battery Energy Storage Systems (BESS) within the renewable energy sector. Participants will gain insights into the financial and technical aspects of BESS projects, including market trends, return on investment, risk management, and the integration of BESS with renewable energy sources. The course is ideal for investors, financial analysts, and decision-makers looking to make informed investment choices in BESS, offering a deep understanding of the potential and challenges in this evolving market.
Day 1
A. Introduction
· Personal introduction, alignment of goals
· "Why energy storage is not about energy storage" - three key takeaways from 10 years of energy storage experience
BESS technology
BESS topology
· Best practice
· Considerations for AC coupling and DC coupling
Key subsystems: typical solutions and performance figures
· Battery system,
· Power conversion system (PCS),
· Control system including EMS and SCADA,
· Balance of plant equipment.
Plant-level characteristics and management of technical risks:
· Similarities and differences to other assets, specifically PV and wind
· Performance figures and warranties
· Quality management
Comparison to other electrical energy storage system (EESS) technologies.
B. BESS cost economics
Cost structure of a typical BESS projects: CapEx and OpEx:
· Items, typical figures
· Historical development and forecast
BESS economics:
· NPV and IRR
· Levelized Cost of Storage (LCOS)
· Levelized Cost of Capacity (LCOC)
· CapEx and OpEx fractions in levelized costs
C. Market and BESS revenue economics
BESS use cases and matching to technical performance figures, distinguished by:
· Application category
· Contractual arrangement and remuneration / savings
· Integration with on-site generators, on-site loads and in virtual power plant
Compatibility between applications ("value stacking")
Day 2
D. BESS project design based on case studies:
· Ancillary services markets (Germany and UK, since 2012)
· Support to renewable energy generation (France and Hawaii)
· Behind the meter (Germany)
· Mini grids (Kenya)
Project arrangement / supply and value chain players, their strengths and weaknesses:
· Key subsystem suppliers and supply risks
· Service providers
· Financing structure
Global deployment and market maturity
Matching Pre-feasibility considerations for BESS market access:
· Positive indicators: attractive remuneration schemes, subsidies and other funding
· BESS market: specific design and market "hacking"
· Challenges to overcome
· Barriers and red flags
· Carrying out a pre-feasibility based on a simple flow chart
Best practice for the design and evaluation of BESS projects and project risk management:
· Sizing of power and energy capacity
· Lifetime and warranties
· Practical challenges in previous projects and practical solutions