New Software Promises to Optimise Energy Storage Systems

The Electric Power Research Institute has introduced a tool to help utility companies and grid operators construct models based on different scenarios, resulting in “direct quantifiable benefits, versus direct quantifiable costs, over the lifetime of the system”. The company’s senior project engineer, Ben Kaun, also added that the Energy Storage Valuation Tool was designed to help the California Public Utilities Commission  in evaluating the many scenarios its stakeholders had come up with.

The application draws on the vast energy storage data EPRI has amassed over the years through its comprehensive reports and research into the industry. It comes with mapping and grid modelling features, allowing users to look at the essential costs and benefits associated with any energy storage project.

At $10,000, the software is hardly inexpensive, but its creators harbour high hopes for its impact. The ESVT will cut through the haze of uncertainty shrouding the industry, and provide a standard path for all stakeholders in an energy storage project. With the numerous variables and data involved in implementing an energy storage system, will the ESVT be an indispensable tool for our energy future? Leave your comments below!

Source and read more 

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.


Future energy predictions: Growth of flexibility and grid forming

  It is well known that COVID-19 has caused low energy demand and the growth of renewable energy across Europe. Now, Andrew Tang, Vice President for Energy Storage at Wärtsilä, predicts this will result in swift action to build better grid resiliency. The share of renewable power across Europe has skyrocketed over the last six…

Read More

Product Development: Embracing product safety and compliance

PRODUCT DEVELOPMENT: EMBRACING PRODUCT SAFETY AND COMPLIANCE Recent safety incidents on storage plants have raised concerns about the fire safety of battery storage systems. Such events are extremely rare compared to the cumulated global deployments of energy storage systems, which have reached more than 27 GWh by end of 2020 (Wood Mackenzie 2021). However, for…

Read More


“Probably the most interactive and well organized storage event on the calendar.”


Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”



“High scientific content, well targeted, perfect organization.”


Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”


Manager, ATL

View More