How can the western area Power Administration support energy storage project financing?

The Western Area Power Administration is a good example of how one of these groups can support energy storage project financing of large projects. Through an infrastructure financing program aimed at expanding and modernizing the electric grid, WAPA's Transmission Infrastructure Program (TIP) can make loans to project.

Are energy storage projects different than power industry project finance?

Most groups involved with project development usually agree that energy storage projects are not necessarily different than a typical power industry project finance transaction, especially with regards to risk allocation.

What is the energy storage Finance Summit?

The Summit was the first Energy Storage Finance Advisory Committee Meeting for a U.S. Department of Energy sponsored study to issues and challenges surrounding project and portfolio valuation.

How do you value energy storage projects?

The central tool for valuing an energy storage project is the project valuation model. Many still use simple Excel models to evaluate projects, but to capture the opportunities in the power market, it is increasing required to utilize something with far greater granularity in time and manage multiple aspects of the hardware.