An independent standard for assessing value, risk and bankability of energy projects.
An independent standard for assessing the value, risk and bankability of energy projects.
We model energy storage operation and its impact on project cash flows.
We model the operation of energy storage assets and their impact on project cash flows.
We translate energy-system physics into financial results and risk: NPV, IRR, CFADS.
We translate the physics of the energy system into financial results and risk: NPV, IRR, CFADS.
Challenges of the transition and of modelling
- The renewables capacity barrier - renewable generation is increasingly out of sync with demand, producing negative prices and rising curtailment.
- A necessary condition - an effective transition of the energy system is not possible without the integration of large-scale energy storage.
- Active management - a storage asset is not a passive one — its real value stems from precise operational decisions (dispatch).
- Real risk - simplified valuation models ignore degradation and grid constraints, which directly distorts projected cash flows.
Without integrating physics, market and operations, a financial model is theoretical and indefensible.Without integrating physics, market and operations, a financial model is theoretical and indefensible.
Modelling of energy projects
We analyse energy assets in any configuration and at every stage of their life cycle.
Valuation and audit of existing assets
Valuation of operating PV installations and wind farms. Re-modelling of cash flows for value optimisation, M&A processes and the redetermination of collateral value for financing institutions.
Valuation and strategy modelling
Comprehensive financial models for storage projects and hybrid configurations. We incorporate precise generation profiles and energy off-take characteristics (load profiles of factories and industry).Comprehensive financial models for storage projects and hybrid configurations (PV, Wind, CHP). We incorporate precise generation profiles and energy off-take characteristics (load profiles of factories and industry).
Corporate finance support and M&A processes
Preparing the project for an investmentor transaction process, including investor materials,the financial model and the project financestructure.Preparing the project for an investment or transaction process, including investor materials, the financial model and the project finance structure.
Due diligence of the aggregator and optimisation strategy
Assessment of the route-to-market partner, the quality of execution of the trading strategy and delivery risk affecting revenues and compliance with warranty terms.Assessment of the route-to-market partner, the quality of execution of the trading strategy and delivery risk affecting revenues and compliance with warranty terms.
We work as an independent layer between the project and the decision.
Our values
Transparency
We openly disclose the assumptions, data and logic of the assessment.
Diligence
We base conclusions on data, methodology and care, not on shortcuts.
Independence
We provide objective judgement, free from pressure and conflicts of interest, with respect for a clear separation of roles.
Accountability
We take responsibility not only for the quality of the assessment, but also for the weight it carries in the decision.
A transparent, independent and defensible assessment, built on due diligence, not on a model alone.A transparent, independent and defensible assessment, built on due diligence, not on a model alone.
Choose a path tailored to your role
Investors and financial institutions face different decisions. See how we work in your case.