Dr. Joe Maisano of Green Trading Systems was on hand to help Sunshine Energy Australia break ground on their 1.5GW Solar Farm on the 21st of February, 2019.
Sunshine Energy Solar Farm
Energy Analysis and Advisory Services for UTS Battery Pilot
In September 2018, GTS were engaged by University of Technology Sydney to advise on a battery pilot project to prove the viability of batteries without solar in various areas including savings on capacity tariffs and power management. The brief includes site selection and assisting with the tendering process.
Viability studies for battery installation for University of Technology, Sydney
GTS undertook a proof of concept study, partially funded by UTS, to demonstrate that building on a campus such as UTS could reduce commercial capacity charges using behind-the-meter batteries.
Financial Optimization of Industrial PV-Battery Storage Systems
The purpose of this research is to develop a financial model of an industrial grid-connected PV-battery storage energy system operating either as a retailer’s customer or as a NEM integrated entity capable of purchasing and selling electricity at varying spot market prices. The model was used to formulate an objective cost function, necessarily including battery’s LCOE. A concept of dynamic LCOE was proposed and trialed. The model was used to optimize electricity dispatch schedules of Transgrid’s iDemand facilities.
Published by Asia Pacific Solar Research Conference April 2017
Optimization of performance of TransGrid’s iDemand installation
In July 2016 GTS successfully completed a project to optimise TransGrid’s 400kWh battery system in the Western Sydney site known as iDemand. The project involved specifying charge/discharge strategies for the battery to target demand charges. The project resulted in a subsequent paper, jointly authored with TransGrid.
A method of forecasting wholesale electricity market prices
In this paper, we employ a fundamental principle of classical mechanics known as the least-action principle to model the complex relationship between expected load and expected price in electricity spot markets.
Article published in the Journal of Energy Markets, March 2016
A Lognormal Model for PASA-Based Load Forecasting in the NEM
In this paper, we derive an analytical representation of a state demand forecast which is the aggregated usage of all electricity consumers in a particular region (such as New South Wales or Victoria).
Ensuring long term investment for large scale solar power stations: Hedging instruments for green power
This paper proposes a market based financial approach that does not require an additional construction effort. The approach financially links solar or other intermittent power generation with a gas-fired station through a set of tailored swap-type instruments.