Common Communication Platform for Valuing Energy Storage

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1 Common Communication Platform for Valuing Energy Storage StorageVET in Action Giovanni Damato Senior Project Manager Capture the Energy 2017 (NY-BEST)

2 StorageVET Storage Value Estimation Tool: Web-hosted tool, free to the public Project cost-benefit analysis Time-series dispatch optimization simulation Stacked services Customizable for location, sizing, use cases Initial California data and definition customization StorageVET Goals Accessible Transparent Validated Customizable 2

3 How to Use StorageVET Today Key Use Cases Locating & Screening Sizing/Designing Operational Strategies 3

4 How to Use StorageVET Today Key Use Cases Common Communication Platform Locating & Screening Sizing/Designing Operational Strategies 4

5 How to Use StorageVET Today Key Use Cases Common Communication Platform Locating & Screening Common Benchmarking Tool Screening, Design, Procurement, & Operations Regulators Utilities Sizing/Designing Customers Developers Operational Strategies Bill Savings Assessment Product Selection Sales, Marketing, RFP Response 5

6 StorageVET Live: 6

7 Together Shaping the Future of Electricity 7

8 Additional StorageVET Information 8

9 StorageVET V1.0 Grid and Customer Services Transmission Resource adequacy capacity Day-ahead energy time-shift Frequency regulation / REM Spinning reserves Non-spinning reserves Real-time energy time-shift Flexible ramping Distribution T&D deferral Voltage support / PQ Customer Retail TOU energy time-shift Demand charge management Demand response program participation Backup power Other Incentives Solar ITC / PV self-consumption CA Self-Generation Incentive Program (SGIP) rebate 9

10 StorageVET V1.0 Technology Generic Models Battery/Flow Battery/Flywheel Pumped Hydro CAES Thermal Storage Solar PV Combustion turbine 10

11 StorageVET General Uses Project-specific benefit-cost analysis ES project sizing ES project location selection ES project optimal scheduling and operations 11

12 StorageVET Architecture Overview Inputs Interconnection/ Grid Constraints Reliability Services / Constraints / Data Project Specification Economic Services / Rules / Data Ownership / Macroeconomic Factors Model Feasibility / Constraint Resolution Economic Operation Optimization Post- Optimization Simulation Financial Calculations Outputs Feasibility / Constraint Superset (time-series) Day-ahead & real-time dispatch schedules & service participation Dispatch simulation including statedependent variables Project financials, cost tests, breakeven cost 12

13 StorageVET Access 13

14 Energy Storage Integration Council (ESIC) Mission To advance the integration of energy storage systems through open, technical collaboration Guided by Public Benefit Vision Practical Needs for Real Deployment More info on products and enrollment at 14

15 Energy Storage Integration Council (ESIC) For industry-wide use to align on common approaches and improve communication on projects. 8 published products available at Focused on on practical resources that that can can be be used used during during various various stages stages of a of a project project lifecycle from from planning to end-ofliflife for for utility utility connected to end-of- projects. Developing publically available guidelines and tools to advance the utility integration of energy storage systems through open, technical collaboration Over 600 participants from utilities, suppliers, regulators and the research community 15

16 Three Topic-Oriented Working Groups Testing and Characterization (WG2) Development of common metrics of performance Grid Services and Analysis (WG1) Developing methods and tools Grid Integration (WG3) Deploying storage in the field ESIC Safe, reliable, cost-effective storage 16

17 ESIC Objectives and Process Identify industry needs, align on common approaches, publish guidelines and tools Identify Gaps Published products at ESIC website: EPRI Editorial Review / Publication Define Work Needed Working drafts on collaboration site: (login required) Review through Working Groups Collaborate and Do the Work 17

18 ESIC Products Published to Date Energy Storage Implementation Guide Energy Storage Cost Tool and Template Energy Storage Technical Specification Template Energy Storage Safety Guidelines Energy Storage Test Manual Energy Storage Commissioning Guide Common Functions for Smart Inverters V4 StorageVET Collaboration: StorageVET V1.0 User Guide Energy Storage Valuation in California: Policy, Planning and Market Information Relevant to the StorageVET Model ESIC Website: 18

19 Access to StorageVET Model is publicly available, but requires registration and login (process takes a few days) Interested users should first enroll Follow instructions at Join ESIC StorageVET Subgroup (bi-weekly) to engage in stakeholder collaboration to test and improve the tool 19

20 Steps to Become a StorageVET TM User 1. Join Energy Storage Integration Council and get Collaboration Site Access (contact info to esic@epri.com; instructions at 2. After ESIC enrollment, request Access to StorageVET TM via to storagevet@epri.com 3. EPRI creates new user Analytica Cloud Player Account and shares via 4. Users can participate in ESIC StorageVET TM Subgroup (1 hour, biweekly) for ongoing familiarization and present cases for discussion storagevet@epri.com with questions 20

21 Research Questions Under Investigation How does the value of storage differ across jurisdictions? ISO/RTO market rules and drivers Vertically integrated utility without markets Where does storage make the most sense? Prioritize high value sites Informed and accelerated decision making What are the needs of future planning and operations tools? Bulk planning and system operations Distribution storage integration & locational benefits Improved DER hosting and valuation 21

22 Together Shaping the Future of Electricity 22