We have worked with industry leaders
We provide:
Long-term gross margin forecast to 2060
Full value stack coverage, including arbitrage, Balancing Mechanism (BM), ancillary services, and developing revenue streams
Full half-hourly dispatch modelling
Widely trusted and banked margin and revenue forecasts
Case Study
Pacific Green Technologies
Client Need
Pacific Green Technologies Group required bankable BESS revenue forecasts for its large 249MW (373.5MWh) BESS asset to fund the business case for development capex.
Our Solution
We provided site-specific revenue forecasts for the assets, undertaken using our banked in-house BESS optimisation tool and included all relevant revenues (Wholesale trading, Balancing Mechanism, Capacity Market, and Ancillary Services). The forecasts included site specific networks charges (with TNUoS providing a material benefit to the asset given its location in Kent) and technical capabilities such as degradation rate, cycle rates, and round-trip efficiency. Alongside the revenue forecasts we provided a vendor due diligence pack, including details of the revenue streams accessed, and a detailed red-flag review of the key commercial, regulatory and policy developments likely to impact battery storage assets in the future.
Outcome
Our forecasts showed an enduring opportunity for the Sheaf asset across High, Central, and Low scenarios. Pacific Green Technologies Group was able to secure a £120mn debt facility for the development of its battery asset from NatWest and UKIB.
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