Energy Storage Consulting
NetZeroThink
In the transformation from traditional power plants to renewable energy ones, the power grid needs inertia to stabilize the frequency, voltage and instantaneously power demand response. The load can change from plus to minus within milliseconds. There are several solutions, which compete in this market, e.g. synchronous condensers, electric boilers, high-speed flywheels and batteries.
NetZeroThink offers solutions through our comprehensive range of Εnergy Storage Engineering services. We enable the clients to identify most cost-efficient system for their requirements, while ensuring it is supplemented by proper documentation from design till handover phase.
Renewable Energy investors who would like to assess if a project/asset Is healthy or not, are looking for sustainable investments, are interested in energy storage
NetZeroThink’s services in this sector include:
- Research and development (R&D) support for novel storage technologies. Our support provides confidence to investors through technical quality, enabling the bankability of new storage technologies. A combination of technologies is essential to ensure we have all the required storage capabilities to meet our net zero ambition.
- Technical Due Diligence
- Energy Study (Scope of exploitation -buffering, peak-shaving/valley-filling, DC system supply, net-metering, Investment and operation cost, Energy potential, Redundancy needs, Space requirements
- LCOE Optimization
- Project Evaluation and Mapping
- Feasibility studies for the application of energy storage technologies
- Site Identification and Assessment
- Layout design, planning and plant design
- Tendering and bid evaluation for battery storage facilities
- Evaluation of economic performance: modelling the storage facility and its deployment together with income streams, e.g. balancing power market prices, electricity market spreads etc.
- Owner’s engineer support and technical due diligence. We are particularly adept in supporting projects where there are novel technical and commercial considerations, drawing on our multi-disciplinary experts in energy systems engineering, economics, software development and safety assurance.
- Asset Management and O&M (Real-Time Monitoring & Troubleshooting, KPI and Reporting, Preventive/Corrective Maintenance & Inspections
Against the backdrop of the expansion of renewable energies, energy storage is gaining in significance. We support our clients in assessing energy storage projects under technical and commercial aspects.