Energy Toolbase Introduces Solar + Storage Modeling to Maximize Utility Bill Savings
Energy Toolbase, a prominent energy modeling software provider, has recently unveiled a groundbreaking feature in its ETB Developer platform aimed at calculating savings from combined solar and storage projects. By incorporating the capability to model grid services along with utility bill savings, Energy Toolbase empowers developers to optimize various value streams, thereby improving project financials and reliability. This valuable addition to the platform enhances Energy Toolbase’s existing advanced modeling technology, including multi-value stream optimization, real-time forecasting, and access to an extensive utility rates database. This innovative feature is now accessible to all ETB Developer subscribers.
Unveiling a Game-Changing Modeling Feature
Nathan Gutzmann, the Product Manager of Acumen EMS at Energy Toolbase, highlighted the platform’s ambitious drive towards revolutionizing commercial and industrial solar and energy storage modeling. The co-optimization feature promises to revamp project economics, transforming less viable projects into attractive investments and enabling clients to seize new opportunities.
The initial rollout of this feature focuses on Demand Side Grid Support (DSGS), a prominent demand response program in California. Energy Toolbase intends to expand its support to include a broader range of grid services, ensuring that clients worldwide can harness the benefits of this functionality.
Tailored Solutions Addressing Industry Challenges
Drawing on its extensive experience in diverse grid services programs across the country, Energy Toolbase has fine-tuned its ETB Developer and Acumen EMS controls software to tackle key challenges prevalent in the industry. This strategic enhancement underscores Energy Toolbase’s commitment to facilitating the seamless deployment of solar and storage projects and optimizing their performance.
Conclusion: Revolutionizing Solar and Storage Project Economics
Energy Toolbase’s integration of solar and storage modeling into its platform represents a significant leap forward in enhancing the financial viability and reliability of renewable energy projects. By offering a comprehensive suite of features to optimize project economics and leverage diverse value streams, Energy Toolbase continues to drive innovation in the clean energy industry.
FAQ
Is the new feature limited to specific regions?
While the initial focus is on California’s Demand Side Grid Support program, Energy Toolbase plans to broaden support for various grid services, enabling clients globally to benefit from the feature.
How can Energy Toolbase assist in improving project economics?
By enabling users to model grid services and utility bill savings, Energy Toolbase empowers developers to optimize multiple value streams, ultimately enhancing project economics and reliability.
Are there any prerequisites to access this feature?
The new solar + storage modeling feature is available to all current subscribers of Energy Toolbase’s ETB Developer platform, ensuring widespread access to this powerful functionality.
