EPRI: Electric Power Research Institute

Storage Value Estimation Tool (StorageVET®)

Storage Value Estimation Tool 1.0

StorageVET 1.0 will no longer available to use online via the Analytica Cloud Platform (ACP) after September 27, 2019. But you can still run download the model to run it on your Windows desktop computer.

Made possible through funding support from the California Energy Commission.

StorageVET® 1.0

Click here to view our StorageVET Tutorial and Introduction Videos

Download Analytica Optimizer

You will also need to install the Analytica software on your computer. To run the model with dispatch, you will need Analytica Optimizer.

You can download a 30-day free trial or purchase a subscription of Analytica Optimizer from Lumina.com.

To accelerate computations for complex installations, you can add Gurobi solver plugin. Lumina is offering 20% off standard price until November 15th.

For questions on how to obtain Analytica, please email sales@lumina.com or call +1 (650) 212-1212.

If you have any questions about installing or using Analytica, please contact Lumina support@lumina.com.

Documentation and Publications

The following publications contain further information about StorageVET®, its use, operation, and development.

Please note an EPRI Member Center account is required in order to access these documents. Register for an account here: enroll.epri.com

These publications and more are publically available and can be downloaded for free from the EPRI ESIC Collaboration website: collab.epri.com/esic

Software User Guide: User and Technical Documentation

View Abstract | View Executive Summary | Full Documentation

Energy Storage Valuation in California: Policy, Planning and Market Information Relevant to the StorageVET® Model

View Abstract

This report provides descriptions and technical details related to the valuation of energy storage operated in the California electric power system. It reviews policies, programs, and markets relevant to the use and treatment of energy storage implemented by the California Public Utility Commission (CPUC), California Independent System Operator (CAISO), electric utilities, and others.

Reference Use Case Definition Spreadsheets

More StorageVET® User Guides

These resouces contain information about the use and operation of StorageVET®, including technical explanations of the model and methods used, as well as example test cases to introduce and familiarize the software.

StorageVET® Import Templates