Evaluating Battery Energy Storage Projects Financial and Performance Outcomes
Evaluating the financial outcomes of battery energy storage projects requires a comprehensive approach that factors in both direct costs and indirect benefits, accounting for various technical, financial, and market conditions. A breakdown of the steps to accurately assess these projects include the net present value (NPV), internal rate of return (IRR), payback period, levelized cost of storage (LCOS) and capacity factor. This session will highlight each of these steps to help determine the financial outcome of BESS projects.
Chairperson