Singapore Masterclass – 26th & 27th November 2019

Masterclass in Singapore

26 - 27 NOV 2019 (2 Days training course)

Evaluating Energy Storage For Large Scale, Residential And Microgrid At The Economic And Technical Level

This Masterclass will enable the audience to examine and implement storage from an economic and technical perspective. It has been designed to evaluate different energy storage technologies, identifying profitable niches for storage, and learn how to set up a business case for storage based on past experiences.


Hotel Park Royal, Singapore


26th & 27th November 2019



  • Hear from consultants & researchers specialised in energy storage from UK, France, Singapore, Indonesia and Maldives

  • Create a profitable business model for Value Stacking approaches by analysing different revenue streams

  • Examine Energy Storage Technologies & Technological Innovations to guarantee reliable electricity

  • Evaluate storage technologies and business models for Microgrid projects in Maldives and Indonesia

  • Address the technical limits of relying on battery storage for Congestion Management

  • Structure local Regulations to incentivise market in order to increase storage deployment

  • Analyse different Storage Applications and Services and evaluate which application has the potential to establish itself in a congested city

Masterclass program

Day 1

(Tuesday 26 Nov 2019)

8.30 Registration, Coffee & Networking

9.00 Start of Masterclass

Energy Storage Reality Check

  • What can storage do to allow carbon free power generation?
  • Analysing results to date with real life deployments
  • What are the barriers in enabling more storage projects?

Explaining And Evaluating Different Energy Storage Technologies

  • Comparing Chemical, Electrochemical, Electrical, Thermal, Hydrogen and Mechanical storage
  • What are the KPIs to compare technologies?
  • Exploring new technologies available to outperform Li-ion batteries

Choosing The Ideal Mix Of Energy Storage Technologies

  • That Will Optimise The Cost To Benefit Ratio For Utilities/TSOs/DSOs And EPCs
  • How to structure the service models so both the utility and end-users can benefit from it?
  • Advantages & disadvantages of different technologies

11.00 - 11.40 Coffee Break & Networking

Overcoming Grid Congestion With Battery Storage

  • Evaluating how storage can aid in grid congestion
  • When and where investment in energy storage would be beneficial?
  • Overcoming the technical limits to relying on batteries for congestion management

Ensuring Project Returns (Bankability) Of Grid Applications Energy Storage

  • How to optimally stack the value streams & combine applications?
  • Analysing how to get the highest returns with accurate forecasting framework
  • Determine the main, secondary services and challenges encountered in multi-stacking (frequency response, flow capacity constrain management)

13.00 – 14.30 Lunch & Networking

How Can Energy Storage Projects And Deployments Be Made Attractive To An Investor?

  • Commercial structures for storage projects
  • Overcoming uncertainty & risk management
  • Offtake Agreements
  • Shareholder Agreements
  • Corporate Legal Requirements
  • Portfolio Effects to Investor Scale
  • Financial modelling

Learning From The Experience In The Maldives

  • Evaluating results from Microgrid Peak Shaving application with Maldives Utility
  • Verifying the performance of the battery, inverter & the controller. What needs improving? What were the true costs?
  • Evaluating the ROI – What are the economics in the first year and what will they be in 20 years, 10 years and 5 years and how do the economics influence the system design?

16:00-16:40 Coffee Break & Networking

Examining Technologies And Business Models For Microgrid Projects

  • Identifying the microgrid services most economically viable for rural
  • Commercial & Industrial and urban projects
  • Examining the current trends of financing Microgrid projects worldwide
  • Exploring the various storage technologies for microgrid
  • Ultracapacitors, Redox Flow, Li-ion, Lead Acid
  • Evaluating the ROI of these technologies in different Microgrid applications

Day 2

(Wednesday 27 Nov 2019)

8.30 Registration, Coffee & Networking

9.00 Start Of Masterclass

Structuring Local Regulations To Address Local Needs Affordability

  • How to incentivise market to increase storage deployment?
  • Identifying local storage needs – what problem is it trying to solve? Examining the technical guidelines to enable storage systems
  • Energy Storage ROI is correlated with effective regulation – what more can be done?

How To Use The Latest Standards When Deciding An Energy Storage Technology

  • Achieving consistent standards applying to installation, connection and application of storage technology
  • Highlighting the safety aspects for utilising storage in densely populated areas or in industrial process facilities
  • Identifying the standards to evaluate the performance of a technology

Evaluating Batteries By Defining Their True Value And Lifetime

  • How to optimise battery size and design of battery
  • Understanding battery degradation, losses, O&M costs, forced outage rate and integrating these issues into the business model
  • Exploring second-life battery systems and reusing EV batteries for stationary projects

11.00 - 11.40 Coffee Break & Networking

Analysing Different Types Of Storage Applications And Services

  • Understanding which application has the potential to establish itself in a congested city like Singapore
  • How to manage the use of BESS for peak shaving and frequency regulation simultaneously
  • What are the most promising applications for long term storage?

Redesigning The Power System (Energy Market, Frequency Regulation, Capacity Market, Storage Dispatch – when to store and when to discarge) By Taking Into Account New Technologies

  • How to make the link between what the technology can do and what the power system needs
  • How can we think outside of the current market design and regulation?
  • How to be able to identify the obstacles in the current market design and regulation which are preventing to capture all the benefits proposed by energy storage

13.00 – 14.30 Lunch

SESSION 6: Improving Decentralized Battery Storage For Residential Applications

  • How to integrate storage with other energy assets to optimize connection and cost?
  • Solving sudden spike caused by EV charging using a locally supported grid
  • How to develop a viable business model for Behind The-Meter storage? 

SESSION 7: Maximising Project Investment Returns

  • Which pilot projects can make the transmission grid more flexible?
  • How will energy retailers benefit from a Virtual Power Plant (VPP)?
  • Will Vehicle-2-Grid (V2G) displace or complement stand-alone battery storage?

16.00 – 16.40 Coffee Break & Networking

SESSION 8: Grid Applications Energy Storage Group Learning 

Attendees will gather to find solutions and exchange insights with a facilitator by addressing the key issues on the development of energy storage projects. 

This session will result in a bulleted list with an action plan which you can take back to your office and use it with your team.

Evaluating The Results Of Global Projects

  • Examining the storage technology
  • Analysing the performance of assets
  • Evaluating the ROI

 17:30 End Of Masterclass

Your Masterclass Leaders

Yuan-Sheng Yu

Senior Analyst


Yuan-Sheng Yu is a Senior Analyst based in Lux Research’s Singapore office. He leads Lux Research’s Asia research team, providing strategic advice and on-going intelligence for emerging technologies in energy transition, digital transformation, and materials innovation. He works with Global 1000 clients in implementing innovation strategies, identifying emerging opportunities, and explores strategic partnerships focusing on bridging business objectives with high-potential, disruptive technologies. Yuan-Sheng primarily focuses on China and Southeast Asia, using his understanding of region’s view on innovation to advise clients in crafting specific strategies to properly navigate the different local landscapes and capitalize on key opportunities in market entry, partnerships, and acquisitions in deep tech. 

Andre Susanto



Andre Susanto is a consultant and practitioner in the clean energy sector including government policy advisory, private sector engagement, and rural electrification. He founded the Inovasi Group providing clean energy consultancy and rural community development. The company create community development plans by matching appropriate technologies and business models on behalf of the communities’ needs. Inovasi team members have obtained data for over 500 villages, designed and implemented a modular microgrid with smart meters and a mobile payment system, and developed a portfolio of technologies and business models for implementation. Inovasi Group’s rural community activities focuses on building capacity and empowerment of communities for sustainable growth.

Ibrahim Nashid 



With a background in electronic and electrical engineering and work experience in both Maldives and Switzerland, he brings both local and international experience to REM. Dr. Nashid has more than 10 years’ experience in solar PV project design, installation and maintenance, design installation and maintenance of electric chillers, conducting energy audits and energy efficiency trainings as well. Dr. Nashid possess a Doctor of Philosophy for research in the department of Electrical and Electronic Engineering, University of Strathclyde, Glasgow, Scotland,UK

Scott Fotheringham



Dr Fotheringham is an electrical engineer by background, but also is a qualified barrister, has an MBA and a Ph.D in law

He is the Director looking after Power and Utilities within the Transaction Advisory practice of EY. Scott has considerable experience within the electricity, gas (LNG) and renewables industry. He has worked for EDF Energy, where he led a major storage project’s development and construction. As well as the negotiation and drafting of the contract matrix for the construction of off-shore wind farms, the sale of 49% of the equity in EDF’s UK windfarm portfolio. Prior to EDF Energy, Scott worked for National Grid in capital projects, transmission charges and regulatory sectors, where he was responsible for leading the development of the connection and use of system code and negotiations with the regulator related to RPI-X revenue caps. Scott also worked for Shell on the LNG sales front as well as acting for an infrastructure fund purchasing gas storage facilities in Germany, various gas pipeline assets, and hydro stations in Turkey.



“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

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