Energy Toolbase has recently elevated the capabilities of their ETB Developer platform by incorporating a brand-new feature designed to calculate the financial benefits of combining solar power with energy storage systems. This enhancement allows for a comprehensive assessment of both grid services and utility bill savings, which can significantly improve the economic feasibility and reliability of solar and storage initiatives.
Advanced Modeling Capabilities for Optimized Savings
The latest development in Energy Toolbase’s suite of tools utilizes advanced modeling technology that seamlessly co-optimizes various behind-the-meter revenue opportunities. With an intuitive interface, users can achieve rapid forecasting during simulations. Subscribers also gain invaluable access to an extensive database of utility rates, enabling informed decision-making. The new grid services modeling feature is now accessible to all subscribers of ETB Developer.
Expert Insights from Energy Toolbase’s Product Manager
Nathan Gutzmann, the Product Manager of Acumen EMS at Energy Toolbase, shared his insights on the update. “Our team is continuously striving to redefine the potential of commercial and industrial solar and energy storage modeling,” stated Gutzmann. “This co-optimization feature is revolutionary – it has the power to revamp the financial landscape of projects, turning questionable ventures into lucrative investments. We’re enabling our clients to seize emerging market opportunities with confidence,” he added.
Initial Focus and Future Expansion Plans
The inaugural release of this feature spotlights the Demand Side Grid Support (DSGS), a formidable demand response program from California. Nevertheless, Energy Toolbase has a clear vision of broadening the array of grid services that the feature can model. This commitment serves as an assurance to customers implementing projects in diverse regions that they will be able to harvest the advantages offered by this new functionality.
Refined Controls Software to Tackle Industry Hurdles
Energy Toolbase leverages a wealth of knowledge gleaned from participating in grid services programs across the nation. By refining both the ETB Developer and Acumen EMS controls software, Energy Toolbase addresses critical challenges faced by the energy industry, providing their customers with leading-edge solutions tailored to the evolving landscape of solar and storage projects.
