Description of venture idea

Software that enables utility-scale energy project developers to perform their own “informational studies” to estimate the likelihood of ultimately getting interconnection approval from the grid operator for a given project site (“where should I put it?”) and control configuration approach (“how should I configure and operate it?”).

Market needs this venture would address

For utility-scale project developers, lets them assess different project locations and different project control configurations, with the ultimate aim of enabling them to put together projects that are likely to get approved for interconnection with minimal network upgrades.

Some companies that act both as project developers and technology manufacturers (e.g. Tesla) are building this kind of solution in-house. But we suspect that regular developers aren’t looking to develop such deep expertise in either operational control strategy or grid power flow modeling.

Note

This question of “project control configuration” is especially relevant for energy storage projects —  not so much for solar or wind.

Differentiation

TBD

Business model

  • SaaS?
  • Services firm that performs studies on behalf of developers, and advises them on optimal control configuration etc?

Team

Outstanding risks & critical hypotheses

References