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Grid Batteries: Valuation, Design, Procurement, and Operations Seminar

New York, NY, United States

All things batteries will be taught in context of valuation, design, procurement, and operations with instructor who is recognized as a leading world expert and practitioner with many years of experience with batteries. The advantage of this course is that you receive in one sitting a comprehensive and detailed set of insights of the latest on Grid Batteries with perspectives on markets, regulatory, policy, suppliers, use cases, valuation, design, procurement, operations, and advances in software.

What You Will Learn

  1. Grid Battery Market Revenue Calculations: ERCOT, PJM, ISO-NE, NYISO, CAISO, IESO, AESO, SPP, MISO
  2. PPA pricing of renewables plus grid batteries
  3. Policy case studies with Energy Storage CA, MA, NY and others
  4. Review of all major battery projects and use cases in current operation
  5. Regulatory metrics for cost and benefit analysis for storage
  6. Case studies of answering the questions of why?, when?, where?, and how much batteries?
  7. Review of innovative ownership models and how to price them
  8. Stylized facts of auctions for procurement of batteries
  9. Learn the good, the bad, and the ugly of battery vendors
  10. Insights into the good, the bad, and the ugly for inverters
  11. Battery technology review
  12. Basic and advanced techniques for valuation of batteries
  13. Representing batteries in the planning processes for transmission, distribution and integrated resource plans
  14. Design considerations for battery projects such as augmentation
  15. Operational issues with batteries
  16. Existing and evolving use cases for batteries
  17. Addressable stacked services
  18. Revenue Calculations (energy arbitrage, ancillary services, frequency response, others)
  19. Cost Calculations (capital Costs, EPC, FOM, VOM, losses, connection cost, others)
  20. Dispatch strategies in competitive markets for co-optimization of energy and ancillary services
  21. Insights to battery simulations and computations for cycling
  22. Detailed economic models of revenue and benefit valuations of batteries
  23. Detailed financial models for batteries including NPV, IRR, payback, gearing, and others.
  24. Methods for nodal battery valuation analysis in competitive markets
  25. Procurement concerns and strategy
  26. Battery testing standards as part of the commissioning of battery projects
  27. Advance battery controls and automation
  28. Battery End of Life Costs

Advanced Software Case Studies

  1. Artificial Intelligence Applications for Dispatch of Grid Batteries
  2. Block Chain Performance Management of Grid Batteries

Learning Techniques

  1. Online Presentation slides
  2. Handouts
  3. Analytics Software exercises with value, design, buy, and operate exercises
  4. Interactive group discussions
  5. Case Studies

Who Should Attend this Seminar

Among those who will benefit from this seminar include utility executives, operations personnel, finance, engineering teams, developers, financial analysts, lenders, attorneys, and traders.

Prerequisites and Advance Preparation
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.

Program Level
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.

Delivery Method

Each Class is Limited to First 20 Registrants

Your Instructor

Dr. Randell Johnson - Acelerex
Dr. Johnson has expertise and experience in the Valuation, Design, Procurement, and Operations of Grid Batteries

Dr. Johnson has been involved in the Energy Storage Road Map for the Maldives, Bermuda Energy Storage Sizing Study, New York Energy Storage Road Map, Massachusetts State of Charge Study, MISO Energy Storage Study, Ontario Energy Storage Study, and numerous other energy storage studies. He was selected by the World Bank to study 100% carbon-free grids with energy storage and Acelerex software and methods were selected by the International Renewable Energy Agency for increasing penetration of renewables with energy storage. Dr. Johnson has invented and developed software for battery analytics and battery real time control. He is expert at power markets and valuation of energy storage to maximize utilization of existing transmission systems and co-optimization of transmission and other resources in addition of co-optimization of energy and ancillary services. A Harvard Business Case has been written for energy storage that includes methods pioneered by Dr. Johnson.

Dr. Johnson holds a Ph.D. in Power Engineering from Rensselaer Polytechnic Institute and an MS in Economics from Cass Business School, UK, and a Utility Corporate Finance Certificate for Gas and Electric Utilities from UConn Business School. Dr. Johnson has background in strategy, regulatory finance, economic optimizations, quantitative finance, electricity and energy markets, public policy, technical grid design, real-time optimizations, and high-performance computing.

Please fill in your name and email to receive the Seminar Agenda of this event.


NYC Torch Club (NYU Campus)
18 Waverly Pl, 10003
New York, NY, USA
View Seminar Location Website

Because of the diversity of hotels found in the area, we will not be holding a block of sleeping rooms with one particular hotel.

The seminar will start promptly at 8:00 AM and will finish at 4:00 PM on the first day. On Day 2 the seminar will begin at 8:00 AM and end at 12:00 PM. The program includes continental breakfast, lunch on the first day and coffee breaks. On the second day it includes a continental breakfast and coffee breaks. Attendees also receive a professionally produced seminar manual that can serve as a valuable office reference. Dress is casual for all seminars.
Event details
Organizer : PGS
Event type : Training Course
Reference : ASDE-22284