Financing Plan for a 10kW Energy Storage Container for Tourist Attractions

What can you learn from peak power's finance webinar?

Peak Power’s finance webinar provided valuable insights into financing options and strategies for battery energy storage system projects. The webinar highlighted the positive growth outlook for energy storage, the benefits of different ownership structures, and the importance of favorable markets.

Are battery energy storage projects financially viable?

Barrague highlighted different geographic markets where battery energy storage projects are financially viable. He emphasized that each market has unique price signals and market design constructs that allow for monetizing battery services.

What is a third-party energy storage system?

Third-party ownership involves a company like Madison Energy Investments financing and operating the battery while the savings are shared between the energy storage system owner and the host site. This option eliminates the upfront capital requirements and the need for system operation staff for the host site.

How does peak power save money on energy bills?

Adams explained, “Peak Power is operating batteries to generate a pool of savings, and then the savings are shared with the building owner, through a fixed payment or through a shared saving structure. So, the standalone energy storage is primarily providing economic benefits and savings for facility bills.”