E3 has posted a demonstration version of an Energy Storage Cost-effectiveness Tool based on work performed for several clients over the last year. The tool is based in Analytica and accessible on the web via the Analytica Cloud Player. The demo model calculates the costs and benefits for three storage technologies as well as a combustion turbine (LM 6000) under two scenarios: historical 2010 CAISO prices and 2020 CAISO prices taken from the CPUC/CAISO LTPP PLEXOS production simulation model. The model uses the Analytica Optimizer with an hourly dispatch to maximize revenues across multiple markets and benefit categories. (Note: the model is for demonstration purposes only and the results should not be cited).
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