As ancillary service markets become more saturated, deciding where to site a battery becomes increasingly important. Energy price volatility is the basis for the most effective battery siting decisions; understanding where the grid has been historically volatile, as well as what’s driving that volatility, is critical. It’s important to know what types of volatility metrics to use, as well as which market fundamentals are driving that pricing.
In this white paper, we’ll walk you through a battery siting analysis using Yes Energy products to:
- Find proxy nodes
- Understand historical nodal energy pricing
- Understand drivers of energy pricing