Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe

DNV KEMA expands energy storage valuation capabilities with launch of service for utilities

By Paul Dvorak | September 17, 2013

 

The storage evaluation services are a timely development to meet the fast-developing needs for energy storage estimation and management, such as that needed for the NaS batteery on BESS.

The storage evaluation services are a timely development to meet the fast-developing needs for energy storage estimation and management, such as that needed for the NaS battery.

DNV KEMA Energy & Sustainability has launched a customized energy storage valuation service tailored to utilities’ growing need to assess storage applications on their system. The services, available immediately, will address the needs generated by actions such as the September 3 preliminary ruling by the California Public Utilities Commission (CPUC), which set a January 2014 deadline for investor owned utilities in the state to submit plans outlining their energy storage resources.

“The new services are a timely development to meet the fast-developing needs for energy storage estimation and management,” said Richard Fioravanti, Vice President, Distributed Energy Resources at DNV KEMA.

The energy storage, valuation service gives each utility:

  • expert engineering advice delivered by experienced professionals,
  • sophisticated analytic toolkits customized to specific utility grids,
  • a recommended energy storage portfolio,
  • a feasible plan for scaled deployment to maximize return on investment, and
  • a multi-year roadmap to adoption and compliance to potential initiatives.

“The service tells utilities what they need to know,” says Fioravanti: “It shows if, when, where, how large, and how to reach a payback point on energy-storage investments. The simulation capabilities lets a utility quickly run hundreds of scenarios to determine the optimum approach.”

The service is possible due to innovative analytics tools including ES-GRID, which debuted in 2013 as a purpose-built modeling tool used by the CPUC as input in its effort to establish reliable and detailed economics for energy storage. Other tools include ES-Select, KERMIT, and Microgrid Optimizer.

While prior generations of tools provided “typical” economic recommendations based on simpler analyses, the new service applies tools that conduct systems analysis at the engineering level, examining energy storage performance over years or within seconds with notably comprehensive detail and accuracy. It examines storage at multiple points of the grid and compares energy storage from varied ownership models.

The newly-launched service analyzes specific economic and operational factors — including cost, efficiency, reliability, and dispatchability controls for multiple applications — to assemble a portfolio of energy storage that is compliant and financially viable.

DNV KEMA
www.dnv-kema.com 


Filed Under: Energy storage, News
Tagged With: dnvkema
 

About The Author

Paul Dvorak

Related Articles Read More >

Richardson Electronics to deliver pitch energy modules to TransAlta wind fleets
Equinor halts work on Empire Wind offshore project after federal government order
ARESCA wants input on offshore wind standards
US wind market has worst install year since 2013

Podcasts

Wind Spotlight: Looking back at a year of Thrive with ZF Wind Power
See More >

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Windpower Engineering & Development
  • Wind Articles
  • Solar Power World
  • Subscribe to Windpower Engineering
  • About Us/Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising

Search Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe