If you would like to present a case study or be part of a panel session at our Energy Storage Summit USA, then please get in touch with the team today.
The million dollar question- where is the next market for energy storage?
As the storage market matures and GWs are deployed in states such as Texas and California, new decarbonization mandates have been set, the potential for market saturation looms, regulatory changes are afoot and developers are faced with longer queue times. What have been these impacts on market prospects, economics and the deployment of energy storage in developing markets?
When expanding to new horizons there are a number of points to consider:
Regional attractiveness and the weigh up of costs and benefits for permitting and interconnection
The potential for new revenue streams in differing markets
Future market regulatory changes and asset economics
Expected impacts from the scaling back of offshore wind
Join our panel discussion to explore the opportunities for business growth amidst the evolving landscape of grid interconnection and transmission reforms. We will delve into the implications of recent FERC grid interconnection rule changes and discuss the challenges and strategies for ensuring timely project completion, permitting, and market design to expedite connections.
This panel will dive into:
The status and fate of the gigawatts of capacity currently in the queue and interconnection hurdles
Strategies to guarantee project completion within set timelines
The shift from 'first-come, first-served' to 'first-ready, first-served' and financial penalties for non-compliance
Considerations for permitting and siting during project planning
Market design and the actions by RTOs to expedite queues and eligibility requirements for connecting
The clean energy sector is experiencing a renaissance of domestic investment, thanks to the Investing in America agenda. The Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) enable major progress toward making clean energy more accessible and affordable for businesses, investors, and consumers. In the wake of accelerated progress within the U.S. clean energy sector, how is federal policy helping to ensure that we have the energy storage necessary to reach energy goals across the U.S.?
This keynote presentation will address how federal policy is investing in energy storage growth and reliability, including discussing:
Transformative impacts of IRA and BIL on the energy sector broadly, and electricity specifically, inclusive of deployment and manufacturing
Provisions in IRA and BIL that can drive storage investments, and results from modeling studies showing those possible impacts
As initial storage installations turn into widespread fleets of storage assets, considerable value will be gained or lost in fully optimizing commercial operations. This keynote will look at critical ways tomorrow's market leaders will maximize revenue and growth and minimize costs and risk, from optimally balancing between maintenance and revenue opportunities to advanced techniques for increasing asset lifetime.
Navigating the post-IRA era demands a strategy for financing amidst evolving risk landscapes. This panel will offer a succinct look at financiers’ risk-tolerance as we delve into the complex world of project financing mechanisms.
What types of transactions have closed since the IRA's passage and what are the trends going forward?
How are merchant or hedged BESS projects being financed in markets where revenues are more variable?
How do you balance tax equity financing with transferability options and how do these choices impact project viability?
How are developers maximizing new tax credit structures and what have been the lessons learned so far for developing storage in a post-IRA world?
The BESS landscape continues to be a hotbed of innovation opportunities, driven by an integrated understanding of matching demanding power needs with design efficiencies. Join Wärtsilä ES&O’s Head of Product Management for a discussion on how hardware engineering and product design are redefining solutions for utility-scale BESS. This session will explore:
Safe, customizable, and cost-effective integrated BESS solutions
Design for sustainability
Focus on long-term product availability for a global customer base
An examination of potential opportunities and new legislation. In late November 2023, Michigan’s governor Gretchen Whitmer signed a package of clean energy legislation that made history for the Midwest. Furthermore, the retirement of coal and gas generation, regulatory changes, and market incentives are making this region more attractive to developers.
What legislative impact might be felt from new renewable targets within MISO and the broader Midwest?
How are developers adapting to new market conditions, and how can the sector overcome hurdles for deployment?
How can storage be used to help harness clean energy as a stimulus to the regional economy?
What is holding back permitting? The lengthy process challenges state and national promises to add more renewable energy to the nation's power grids. How can the industry best navigate these challenging prospects?
Decoding regulatory labyrinths
Policy reform and dynamics
Strategic collaborations: Best practice for collaborating with local authorities
Learn how to manage both market operation and technical operation of storage projects as well as co-located and hybrid solar/storage projects, using software and AI technologies
Discuss how emerging offtake structures and changes in the financing landscape are impacting economic optimization generally, and how Stem is confronting this trend
Better understand the impact of OEM warranties on both technical and market operations, and how to balance risk and revenue objectives
Insights into strategies for automated wholesale market bid optimization and get examples of when ‘breaking the glass’ is needed
As storage capacity catapults from a little over 2GW online to just under 8GW by the end of 2023, where and when might we expect to see the impacts of saturation, what viable strategies can be offered and what is the short and long term forecast for market pricing? Discussion points include:
The renewable energy landscape is experiencing shifts in supply chain dynamics, with noticeable fluctuations and the emergence of pricing softness in certain equipment, diverting from previous market trends over the last year. This discussion will focus on safeguarding against pricing projections, strategic resource planning for developers, and ensuring supply dependability.
What are the current pricing trends and forecasts?
How are stakeholders adapting their purchasing strategies and managing inventory risk?
What can be done to ensure dependable supply chain relationships, especially in the face of fluctuating market conditions?
With total capacity of operational energy storage assets predicted to increase significantly in 2024 and beyond, from an operational perspective, what needs to be taken into consideration?
From an asset owner/operator perspective, what are the majorlessons learned as more projects have come online and entered operations?
What are the biggest misconceptions about asset operations?
What are the biggest challenges of going from years 1 and 2 to years 3 and beyond?
A five-year industry outlook
OEM perspective: What are the biggest needs across the industry and how have these evolved over the past two years?
Discuss the evolving energy storage market in Canada and the unique economics of energy storage projects.
Comparative economic analysis: What are the distinguishing factors, policy and trends between Canada and the United States?
Provincial Policy, Requirements and Frameworks: What critical policies, regulatory and support mechanisms needed to foster growth in energy storage?
Provincial Front-runners in Energy Storage Deployment: An examination of which provinces are currently spearheading energy storage deployment in Canada, investigating their strategies, achievements, and challenges
2023 was a year of challenges and unexpected outcomes for energy storage in ERCOT. In this session, we will unveil insights from Gridmatic's third annual ERCOT storage report. We will explore how operational requirements evolved during the year, as well as the introduction of the ECRS ancillary service, and examine their impact on financial outcomes. We’ll examine the trade-offs associated with varying risk-reward operating strategies, and the effect on a battery’s ability to support the grid's needs. This presentation will provide key findings on past performance as well as guidance for stakeholders navigating the year ahead.
Join SunGrid and the team at the annual ‘Beers and Batteries’ networking drinks at the Energy Storage Summit USA as you unwind after a long day of learning and networking. There will be live music, food and drinks in the courtyard, and all delegates are invited to join.
Join Modo Energy as the celebrations continue after an exciting day at the Summit! Get ready to unwind and connect with industry peers in a lively and relaxed atmosphere.
Time: 19:30 - LateLocation: 1114 East Cesar Chavez (Austin, TX - 78724) All you need is a wristband. Head over to the Modo Energy stall to claim your pass.
The framework has massively improved over the last few years making it easier for utilities to include energy storage resources in their portfolios. Join utilities in discussing the following:
What are the necessities and opportunities that utilities seek from the present energy storage industry?
How are procurement targets for storage changing and how has policy shaped these targets?
This follow-on panel will delve deeper into the world of long-duration, looking at the opportunities and near-term challenges for the LDES sector in the USA. The OCED funding announcement has certainly given the industry a jumpstart, however what specifics need to be taken into consideration as the program progresses?
What products and market mechanisms are available for LDES technologies in mature US markets?
What further efforts are needed in R&D to help more LDES technologies achieve commercialization regardless of funding in the future?
Value proposition and cost assumptions for LDES technologies
How can the industry work together to overcome potential challenges and silos?
Today, regions that have led the deployment of renewable generation capacity are beginning to experience a side effect of their success: curtailment of clean energy generation when potential generation outstrips energy demand. Curtailment of these assets represents a lost opportunity in terms of clean energy generation, carbon reductions and revenue for solar project operators. Currently, the gap between available renewable generation and grid demand is filled by fossil-fired generation in evening hours which results in carbon emissions and elevated energy costs for energy consumers. Adding long-duration energy storage (LDES) to the grid enables this excess generation to be captured when solar resources are plentiful and redeployed to the grid when energy is needed to reduce carbon emissions and enable a fully-renewable energy system.
With ever-growing and diverse development pipelines, relying on comparables to price platform level acquisitions exposes buyers and investors to downside risk. How can acquirers adopt a data-driven approach to navigate the ultra-competitive storage M&A market?
Leveraging interconnection queue and transmission data to price in development risk at the asset level
High-grade post-acquisition development efforts based on site-level future revenue potential
Identify potential upside from operational improvement based on competitor analysis
What can be learned from previous tax equity deals, where are the current opportunities, and what should developers be looking for? Join us to find out more about the future for tax equity in this focused fireside chat.
The power management system plays a key role in the design, operation, and economics of a PV+Storage power plant. eks Energy and Ampt partnered to provide the end-to-end power electronics solution for the largest solar-plus-storage power plant in Latin America. This advanced PV power plant with DC-coupled storage uses a fixed-voltage design and serves as a model of innovation for renewable power plants around the world. This session will present a case study including an overview of the project, the solution architecture, and the power electronic components selected to deliver a lower cost, higher performing hybrid solar power plant with DC-coupled energy storage that has all the functionality – such as dispatch, frequency response, and voltage regulation – and management capabilities of traditional power plants.
How can the industry help innovate and mitigate fire and explosion risk from batteries? What actions can be taken to make sure that industry growth isn’t negatively impacted?
Technology innovation using software, AI, big data and analytics
The key role of insurance companies
What software and hardware systems exist that can combat this key issue?
Last line of protection: deflagration panels – what questions you should be asking to ensure proper explosion protection
Substantial gains can be found in co-located projects, however achieving operational readiness for assets presents its complexities. Explore pivotal aspects of co-locating energy assets:
The financial implications of AC vs DC coupling
Tackling logistical challenges in co-locating generation and storage
Navigating varying market regulatory structures
Understanding grid payments
Evaluating CAPEX reduction in PV systems through DC approaches
The landscape of the power industry is undergoing a transformative shift, and the grid of the future won’t be anything like what we are used to. Join Enverus to find out more on:
Long-term load and generation forecasts for insights into the dynamics of the future grid
Forecasts and dispatch simulations
A comprehensive understanding of energy and ancillary services markets in this evolving landscape
With many calls from communities to halt, stall or completely shut down energy storage projects due to safety concerns, what more can industry do to help educate the public on the real issues when it comes to BESS safety?
Meet with investors and developers directly in this structured roundtable session.
We will begin with quick-fire pitches from each investor on investment opportunities and partnerships they’re currently seeking. The audience will then split into smaller roundtable discussion groups where investors and developers can discuss business 1-2-1. Each round table will be hosted by an investor and developers will move around the room.
Registration is only available to developers and investors.
In this collaborative session, you can expect to interact directly with representatives from regional ISOs and RTOs, focusing on operability and dispatch issues, advanced storage modelling capabilities and making sure the right market incentives are in place to help meet storage needs across the country.
We will begin with a scene-setting panel discussion, and delegates will then be able to join a market-specific discussion table to brainstorm problems around operability, lessons learned from existing deployments and products, modelling capacity and more.
If you are a developer wanting to find out more about different jurisdictions and compensation for storage assets, this is the session for you.