Battery Storage Financial Modeling

Course Content

Course Content

Financial modeling is a critical yet often underappreciated skill, essential for success in corporate finance and business. Whether you’re launching a new venture, managing operations, or evaluating “what-if” scenarios through sensitivity analysis, the ability to create a robust financial model is indispensable. Your boss, clients, or investors will demand professional and reliable forecasts that inspire confidence.

Wind and solar renewable energy projects are intermittent. The wind doesn’t always blow and the sun doesn’t always shine. And the sun shines and the wind may also blow at times when energy needs are at their lowest. Battery storage systems enable us to store energy from wind and solar projects when the wind does blow, or when the sun shines. Batteries enable further development of wind and solar projects. Batteries also provide additional services to support the grid.

Batteries will form a large part of the energy grid in the coming years. Developers and investors need to understand the capital costs, operating metrics, and revenue sources available to batteries. They also need to understand how to evaluate battery projects.

This course provides an overview of standalone batteries and co-located batteries with wind or solar assets. It is designed to familiarize developers, investors, and lenders with the investment decisions and risks of battery storage projects. We will demystify battery terminology and economics through clear concept videos and some financial model demonstrations.

This is not a financial modeling course where you build a financial model from scratch. Simple annual financial models are used to help explain concepts such that modelers can develop their own models to assess a deal. You will gain an understanding of the inputs, calculations, and outputs required for battery projects. We also discuss the types of scenarios that are often run by experienced teams. The online course does not cover project finance or debt – this knowledge is a pre-requisite for this course

Battery Storage Financial Modeling In-House

Course Price: Contact Us

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Inhouse Training
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Battery Storage Financial Modeling Live Streaming

Course Price: $1200

February 14, 2025
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Live Streaming
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Battery Storage Financial Modeling Online

Course Price: $500

Available Now
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Online Self Paced
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SECTION OVERVIEW

PRE-COURSE (all online)

 

 

 

 

  • Excel functions, formulas and shortcuts
  • Best practice modeling concepts
  • Intro to debt and equity
  • Benefits of leverage
  • Present value concepts and formulas (NPV, IRR) Introduction to battery model.

ENERGY MARKETS AND THE GRID

 

 

 

 

 

  • Capacity vs energy (power)
  • Power plant economics
  • Energy demand and dispatch
  • Issues with renewables – the “duck curve”
  • Energy demand vs pricing
  • Need for batteries
  • AC vs DC energy
  • Transmission and distribution
  • Inverters and efficiency

USES OF ENERGY STORAGE

 

 

  • Supply shifting
  • Ancillary services
  • Types of storage
  • Battery power and energy terminology

REVENUE STREAMS

 

 

 

 

 

  • Battery energy flows
  • Battery arbitrage energy flows
  • Battery arbitrage demo – duck curve risk
  • Revenue streams: supply shifting
  • Revenue streams: ancillary services
  • Revenue stream stacking
  • Global battery market revenues comparison

COSTS

 

 

 

 

  • Capital costs: economics and modeling
  • Battery capex drivers and trends
  • Operating expenses
  • Degradation, cycles and depth of discharge
  • Augmentation strategies and trade-offs
TAX CREDITS
  • Investment Tax Credit (ITC)

FINANCING CONSIDERATIONS

 

  • Risks and due diligence
  • Lender considerations
  • Sizing debt for merchant batteries

SOLAR AND STORAGE COUPLING

 

 

 

 

 

 

 

 

  • Intermittency
  • Curtailment
  • Inverter clipping and overbuild rations
  • Benefits of coupling solar + storage
  • Standalone storage energy flows + risks
  • AC-coupled energy flows + risks
  • DC-coupled energy flows + risks
  • Project-level efficiency
  • Standalone, AC and DC coupled revenue models
  • AC versus DC coupling scenarios and considerations

  • Self-paced, online
    • Complete this course online at your own pace.
    • Learn more or register today online training
  • Live streaming
    • join virtually with other professionals in a small group environment to complete this course.
    • Learn more about our live streaming training
    • See our course schedule for upcoming course date
  • Inhouse
    • This course can be customized to address the unique challenges that your team or organization face.
    • It can delivered via live streaming or in-person
    • Learn more about our customized training

 

Who Should Take This Course 

The online course does not cover project finance or debt – this knowledge is a pre-requisite for this course

This course will benefit people looking to gain an understanding of battery operations, investments, and risks. The course is designed to suit Analysts, associates, vice presidents at banks funds, investors, developers, and operating entities.

Energy market participants including regulators, policy setters, advisors

and more senior participants changing careers or looking to up their skill set

Students wishing to enter the project finance sector or about to start a new role are also encourages to apply.

Pivotal180 is a global leader in teaching financial modeling and corporate finance. Unlike firms where training is a side business, we are exclusively focused on delivering world-class education. Our courses are led by senior practitioners with deep, practical transactional experience, not just theoretical knowledge. We have trained top advisors, developers, lenders, and funds worldwide, helping them master concepts like discounted cash flow (DCF) analysis, leveraged buyout models, and financial planning for business units.Our training approach is uniquely tailored to your needs. We offer a blended learning solution, combining instructor-led training with 12 months of online access to our comprehensive materials, including lecture slides, DCF analysis tools, and downloadable spreadsheet models. This ensures continuous learning and support long after the course is completed.

Contact us for pricing of our in-house tailored courses

Public Live Streaming  Course  involves 5 sessions

  • Price of public course  $1,200
  • Includes access to our online battery course for 12 months

The online course has over 8 hours of content and will take about 8-10 hours to complete if you do it from start to finish and complete the quiz.

  • Price of online course $500 – available to anyone.
  • Promotional price for students $250*
  • Students are not eligible, to renew their subscription and the license will expire after 12 months

Tailored Courses are available

*Please contact alison@pivotal180.com to obtain a coupon code to apply on registration.

Cancellation Policy for Public Courses

  • 4 weeks before the course: Full Refund*
  • 1-4 weeks before the course: 50% Refund
  • <1 week before the course: No Refund

*Refund is less any merchant fees incurred on payment

Course Details

  • Course Completion Certificate: Validates your expertise in financial modeling.
  • 12-Month Online Access: Continue to refine your skills with our resources and materials.
    • Pivotal180 Communities: Join an active network of professionals for ongoing discussions and insights.

Contact Us for On-Site Pricing and Options

Explore tailored training options for your team. Whether you need foundational courses in corporate finance or advanced lessons on initial public offering (IPO) models, our experts deliver customized training solutions to meet your needs.

Invest in your future and master financial modeling with Pivotal180 today!

Cancellation Policy for Public Courses

  • 4 weeks before the course: Full refund (less any merchant fees).
  • 1-4 weeks before the course: 50% refund.
  • Less than 1 week before the course: No refund.

  • Basic knowledge of, and access to Excel
  • Computer/Laptop (two monitors is preferrable)
  • Power cord

Course Previews

Use of Storage Systems - Supply Shifting

Model Walk-Through: Introduction to Battery Model

Daily Load Profile