Introduction to Battery Storage & Financial Modeling

Cost effective energy storage has long been seen as the key to unlocking the full potential of renewable energy.

Today, the world is experiencing dramatic change in the power sector including rapid accelerating in the pace of deployment for utility scale energy storage. This trend is a result of declining costs in storage technology and an increasing need for storage more intermittent renewable generation is being added to the grid.

Infrastructure developers and investors are making their first forays into battery storage projects. This trend will continue as storage becomes an increasingly important piece of the energy landscape.

If you work in power or renewable energy you will eventually need to have a deep understanding of the fundamental drivers and concepts related to battery energy storage.

The online course will cover a range of topics related to battery storage including energy markets fundamentals, types of battery storage, the uses of storage capacity, battery terminology, the economics behind batteries, and the risks associated with the storage investments.

The online course includes a simple standalone downloadable financial model for demonstration purposes. The financial model is provided as additional detail to illustrate how the concepts become real through a set of numbers. Whilst we do not build a model from scratch, we present a battery model and talk about the inputs, calculations, and necessary considerations of a battery model . The model forecasts cash flows for 10 years on an annual basis, meaning each column of the model represents one year. The objective in this course is to orientate you with a model and to set you up to run your own sensitivities and scenarios to evaluate battery storage investments. You will use your download of the model to change inputs and to assess the impact on returns.

Our live streaming public course is a full day and is more detailed in terms of modeling and sensitivity analysis than the online course. The objective of the public course is to provide attendees with an understanding of operations, financial products, and market structures specific to battery storage. They will learn to analyze a financial model for a battery storage transaction within the infrastructure, power, or renewable energy sectors.

The course will teach participants concepts relating to energy markets.

• Session 1: Introduction and terminology (2.5 hours)
  1. Key definitions
  2. Energy market fundamentals
  3. Uses of storage
  4. Types of storage

  Session 2: Battery Operations (2.5 hours)

  1. Revenue streams
  2. Arbitrage strategies
  3. Capital costs.
  4. Operating costs
  5. Augmentation
  6. HMWK: Initial model sensitivities

  Session 3: Case studies and strategies (2.5 hours)

  1. Case studies / review of concepts
  2. Augmentation strategies
  3. Solar + storage
  4. Investment considerations and risks
  5. Debt structures
  6. HMWK: Case study work

  Session 4: Review session (1 hour)

  1. Review of case studies
  2. Q&A

This course does not cover project finance concepts, debt, taxes, or the core agreements in project finance. For an in-depth review of these topics please see Our Renewable Energy Project Finance Modeling course.

Who should attend:

This course will benefit the following people looking to gain an understanding of battery operations, investments, and risks:

• Anyone interested in learning about the fundamental of utility scale energy storage
• Analysts, associates & vice presidents at banks, funds, investors, developers, and operating entities
• More senior participants changing careers or looking to up their skill set
• Students wishing to enter the project finance sector or about to start new roles
• Energy market participants including regulators, policy setters, and advisors

Course delivery options: This course can be completed numerous ways, including:

• Self-paced, online – complete this course online at your own pace.
  • Learn more about our online training here

• Live streaming – join with other professionals in a small group environment to complete this course.
  • Learn more about our live streaming training here
  • See our course schedule for upcoming course dates
• Inhouse – this course can be customized to address the unique challenges that your team or organization face.
  • Learn more about our customized training here

Pricing and Offers

• Price for online course is $500, available to everyone. Register now!
• Price for not for profit employees and students $250**.

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

Why trust Pivotal180 with your professional development?

There are many reasons why we stand out from other firms, but the following is what makes us particularly unique:

• Pivotal180 is focused exclusively on teaching. Institutional and human capacity building is not a side business. It is core
• Senior practitioners with real experience lead Pivotal180 training courses
• We have led deals. Our understanding is from practical transactional experience, not from reading about it or hearing about it from senior people on our team
• We have trained the top advisors, developers, lenders, and funds across the world.
• We tailor our courses more than anyone else in the market, to meet your needs
• Our blended solution of instructor led  and online training includes 12 months of access to our online courses, such that your team can review concepts and  dive deeper into topics we do not have time to cover in class.