Analyze optimal battery size for incentive programs

enSights, an AI-powered, cloud-first clean energy optimization platform company, has launched its BESS calculator to empower developers and asset owners to fully benefit from the massive energy storage sector by optimizing battery sizing for maximized financial returns based on energy market and grid support opportunities. By replacing costly and labor-intensive BESS system design, the calculator instantaneously generates financial projections and recommends ideal battery size and operation modes to introduce economies of scale to battery deployment. Providing decision-making insights, the calculator presents straightforward visualizations of energy and cash flow. The new BESS calculator uses a proprietary model to balance maximizing returns over the asset lifetime with optimizing battery lifespan by accounting for critical battery specs and degradation parameters, such as depth of discharge (DoD), round-trip efficiency (RTE), and charge and discharge cycles. Leveraging its battery usage algorithm informed by real data, the battery calculator supports a variety of value stacking opportunities, including increased PV self-consumption and demand charge reduction for energy consumers, energy arbitrage and voltage support for ISO/RTO services, and transmission congestion relief for utility services. The storage calculator supports battery deployment with and without PV attachments, and provides precise recommendations on optimal battery sizing and PV capacity to improve the IRR. When batteries that were designed by the enSights calculator are also deployed on its optimization platform, these energy storage solutions can further benefit from enSights’ advanced AI monitoring and management technology to realize their full value.  

enSights | ensights.ai