Energy Storage Optimization & Hybrid Systems

AleaStorage

Revenue calculation, optimisation, and energy storage management

The AleaStorage division of AleaSoft offers solutions for energy storage, including batteries, pumped-hydro plants, green hydrogen, and thermal storage, as well as for the hybridisation of renewable technologies with storage systems.

For battery projects, AleaStorage also provides AleaBattery, AleaSoft’s web platform for analysing the revenue and profitability of stand-alone BESS and BESS hybridised with solar and wind.

The reduction in the cost of storage systems in recent years has made these technologies more accessible and profitable. Concurrently, the significant reduction in the LCOE (Levelized Cost of Electricity) of renewable technologies has made hybridisation with energy storage a competitive option. The hybridisation of renewables with energy storage systems increases operational efficiency, stabilises market prices, and improves investment returns. Although the initial CAPEX is higher due to the inclusion of storage, it is offset by an increase in IRR (Internal Rate of Return) and greater long-term benefits.

In this context, which foresees significant development of energy storage in the coming years, AleaStorage provides forecasts and reports for the following cases:

Stand-alone battery projects
Hybrid renewable systems with batteries:
- Wind energy and batteries
- Solar photovoltaic energy and batteries
- Wind, solar photovoltaic energy and batteries
Thermal storage
Hybrid self-consumption systems with batteries
Other hybrid systems: hydro, pumped-hydro, cogeneration

Our services include:

AleaBattery, platform for BESS revenue and profitability analysis
Revenue calculation for batteries and storage systems
Optimisation and management of energy storage
Optimisation and management of hybrid renewable and storage systems
Energy storage sizing

The objective of the services offered by AleaStorage is to efficiently size energy storage and optimise its operation to maximise IRR. This is achieved by developing operational strategies that maximise revenue, using simulations of future hourly prices in electricity markets, along with optimisation algorithms. These strategies take into account both the technical characteristics of the storage system and the opportunities for selling energy in the markets.

AleaStorage services are essential for evaluating the profitability of energy storage projects, whether as standalone systems or hybridised with renewable sources such as solar and wind. Furthermore, our forecasts and reports are fundamental for obtaining financing and structuring PPAs, as the use of storage allows for offering energy profiles closer to a baseload profile, highly valued by offtakers.

Thanks to this approach, developers of renewable and storage projects, utilities, IPPs, large consumers, investors, and banks can leverage the benefits of our services to maximise profitability and minimise risks in their investments.