This ESIC Energy Storage Cost Tool is intended to organize and list the full set of cost line items for a distribution-connected energy storage project from initial project development through decommissioning. The cost template includes one-time, upfront project costs, recurring annual or periodic costs, and end-of-life costs. Vendors and customers/utilities also have the ability to specify individual cost line items and/or sub-categories of cost line item groupings as excluded or not applicable. Using key energy storage project specifications and cost data, this tool will calculate the Total Cost of Ownership for Energy Storage (TCOES) using a conventional pro forma cash flow approach. Download here.
Researcher at EnergyVille
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