What we do
STOREcast brings the power of LCP Delta’s advanced battery modelling into users’ hands, allowing them to configure their own bespoke assets and portfolios, including locational and technical parameters, and view revenue and generation projections, automatically updated each quarter.
The battery storage market is constantly evolving. While some revenue streams diminish through saturation, others boom through changes in market dynamics and volatility. While competition is at its highest, price fluctuations and locational impacts are becoming more material. It’s never been more complex or difficult to understand what these changes mean for, not just any battery storage asset, but your asset.
Asset owners need a way of staying on top of these changes and to understand their financial impact so they can budget accordingly and, if necessary, take operational or refurbishment actions. However, to date their options have been to either: commission bespoke projections every quarter (an expensive process), build their own models (a difficult process) or rely on generic subscription-based curves (an inaccurate solution).
STOREcast provides UK storage owners with the power of trusted bespoke modelling with the ease of a subscription service, with almost instant results.
Using STOREcast, users can configure their own bespoke assets, and run them against LCP Delta’s bankable scenarios.
This allows users to capture site-specific elements, such as the impact of:
- Location (TNUoS and DNO zone)
- Running costs
- Onsite / Colocation options (solar PV or wind)
- Grid configuration
- Cycling limits
These assets will automatically be updated each quarter against LCP Delta’s latest scenarios, to allow for real-time monitoring and proactive management. Alternatively, users can use this functionality pre-investment to quickly assess how changing these technical characteristics will impact project value.
STOREcast utilises LCP Delta’s trusted EnVision modelling framework, used extensively across the UK power market for revenue forecasting and policy impact analysis for over a decade.
Every asset that a user creates will be dispatched against LCP Delta’s bankable scenarios using our bespoke battery optimisation algorithm, which allows assets to optimise between markets, timescales, opportunity costs and technical limitations.
Users will then be able to view results for each asset run, both from a P&L and asset performance perspective, and compare runs between quarters, scenarios or assets.
Battery storage investors and operators have a difficult job in understanding how the changing market impacts their revenue outlook. We developed STOREcast to put our advanced modelling in the hands of our clients in a user-friendly way. It’s now much easier for clients to self-serve trying out different scenarios, configurations or strategies, and to stay on top of market changes.
Speak to one of our consultants to find out how we can help you.
Simply fill in our enquiry form and one of our team will get back to you.