Winning Approaches to Valuation and Operations of Battery Storage Projects

November 4-5, 2020


AGENDA

Wednesday, November 4, 2020  Central Time

9:00 – 9:15 a.m. :: Log In

9:15 – 9:30 a.m. :: Overview and Introductions


9:30 – 10:30 a.m. :: New Market Dynamics

Using fundamentals to capture new market price dynamics

10:30 – 10:45 am :: Morning Break


10:45 –11:30 a.m. :: Forecasting Future Market Conditions


11:30 a.m. –12:00 p.m. :: Project Siting

12:00 – 12:45 p.m. :: Lunch Break


12:45 – 1:45 p.m. :: Stacking of Revenue Streams

1:45 – 2:00 p.m. :: Afternoon Break


2:00 – 3:00 p.m. :: Day Ahead and Real-time Spreads

3:00 – 3:15 p.m. :: Afternoon Break


3:15 – 4:15 p.m. :: Hedging of Storage and Renewables Plus Storage


4:15 – 4:30 p.m. :: Q&A and Day One Program Adjournment


Thursday, November 5, 2020 Central Time

8:45 – 9:00 a.m. :: Log In


9:00 – 9:45 a.m. :: Case Studies of Valuation and Operations of Stand-Alone Storage

9:45 – 9:55 a.m. :: Morning Break


9:55 – 10:55 a.m. :: Case Studies of Valuation and Operations of Solar Plus Storage with and without Investment Tax Credits (ITC)

10:55 – 11:00 a.m. :: Short break


11:00 a.m. – 12:00 p.m. :: Case Studies of Valuation, Siting and Operations of Wind Plus Storage

12:00 p.m. :: Course Adjournment


INSTRUCTORS

Gary Dorris, PhD, CEO & President, Ascend Analytics

Dr. Dorris has been a pioneer of innovative solutions for energy planning and risk.  For the last dozen years, Gary has introduced utilities to new solutions to model and analyze planning portfolios.  His analytic innovations and expertise are sought by industry leaders including expert testimony in some of the most prominent resource planning and risk management proceedings in the country.  His company’s software solutions are used by 3 of the top 5 utilities in America and many COOPs and municipalities.  He has established industry standards for model validation, monetization of risk, portfolio selection, and performance metrics.  In 2001, Dr. Dorris won distinguished recognition from the IPE for contributions to the field of energy risk management.  Dr. Dorris holds a Ph.D. in applied economics and finance from Cornell University and a BS in mechanical engineering and BA in economics with Magna Cum Laude distinction also from Cornell University.


Allison Weis, PhD, Director of Optimization Analytics, Ascend Analytics  

Dr. Weis directs Ascend’s battery storage team and provides technical guidance on a variety of optimization analytics products for renewable integration, flexible grid resources, and system planning. She manages valuation and real-time dispatch optimization for storage and renewable systems operating in wholesale markets.  She also leads work on hydro system optimization for clients facing different system constraints and goals and development of planning analytics for optimal resource selection across transmission connected, distribution connected, and behind-the-meter resources. She brings her understanding of flexible grid resources from her work modeling the integration of wind and solar with batteries and electric vehicle charging at Tesla, and in her PhD from Carnegie Mellon prior to joining Ascend.


Scott Wrigglesworth, Director of Analytics & Strategy, Ascend Analytics

Scott Wrigglesworth, is Director of Analytics and Strategy with Ascend Analytics where he provides clients with expertise and analytical support in areas of energy portfolio management. Before joining the company, he spent 17 years with Dayton Power and Light and the AES Corporation. There he focused on practical solutions in energy analytics, actionable reporting, margin modeling and portfolio optimization and developed managerial P&L tracking.  He also led portfolio management for retail operation and advised on a variety of business activities including segmentation, marketing analysis, and broad strategy decisions, which resulted in retail gross margin from 2012 through 2013 in excess of $100M. Scott also  worked intimately with power production staff and managers supporting the stewardship of assets though robust and sound analytics on economic value, investment opportunity and risk evaluation.

At Ascend, Scott applies his experience in commercial portfolio optimization to the Ascend Analytics team in a multifaceted role. Mr. Wrigglesworth also teaches a course in Energy Markets at the University of Dayton from where he also earned his MBA. He holds a BA in Global Economics and International Business from Cedarville University.


Carlos Blanco, PhD, Managing Director of Analytic Solutions, Ascend Analytics

Dr. Blanco provides expertise to Ascend's clients in the areas of analytic modeling, forecasting, optimization and simulation and also contributes to advance the software product and services to meet the evolving client needs.

He is the former co-founder and managing director of Black Swan Risk Advisors where he worked with leading organizations worldwide on a wide range of advisory and education projects.  Dr. Blanco is also a faculty member of the Oxford Princeton Programme since 2004, where he teaches several courses on energy and commodity derivatives pricing, hedging and risk management.  He has published over 150 articles on a wide range of financial and commodity risk management topics. Carlos was also a lecturer at the Finance department at the University of California, Berkeley.  He is a former VP, Risk Solutions at Financial Engineering Associates (a BARRA/MSCI company), where he was a member of the Executive Management Committee as well as an essential contributor in the development and client support of the financial and energy derivatives pricing and market risk management models.

Dr. Blanco holds a Ph.D. in Finance from Universidad Complutense, Madrid, where he was awarded "Magna Cum Laude".  He also has a Masters degree in Investments and International Economics from the University of Nebraska, Lincoln.


ONLINE DELIVERY

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.