#United States #Boulder #Ascend Analytics #PowerVAL #energy valuation

Ascend Analytics Launches PowerVAL

Ascend Analytics has recently announced the launch of PowerVAL, an innovative tool designed for the comprehensive valuation of energy projects. This next-generation product broadens the functionality of the widely used BatterySIMM™, which is known for its ability to evaluate energy projects in real time. With PowerVAL, developers, investors, and utilities can now assess a full range of generation assets including solar, wind, Hybrid, thermal, and storage technologies.

The launch of PowerVAL comes as a significant advancement in the energy analytics space. The product not only appraises energy projects across various geographies but also enhances market intelligence capabilities. With projections modeled across 50,000 nodes in the U.S. and insights into retail rate forecasts, stakeholders can make informed decisions about community solar and other initiatives.

Key Features of PowerVAL

PowerVAL equips users with several powerful analytic features, including:

• - Revenue Maximization: Generate bankable wholesale and retail price forecasts while assessing stacked revenue projections and modeled operational efficiencies.
• - Comprehensive Financial Evaluation: Assess financial performance against either market prices or retail rates, enabling thorough evaluations of distributed energy resources.
• - Distributed Asset Valuation: Evaluate portfolios that include community solar, storage solutions, behind-the-meter assets, virtual power plants, and aggregated capabilities under regulatory frameworks like FERC 2222.
• - Optimal Siting and Sizing: Determine the most advantageous locations for project implementations which align with strategic operational goals.

These features empower users to execute detailed dispatch simulations and optimize operations tailored to varied customer needs across the energy landscape.

Navigating Energy Market Dynamics

As the energy transition accelerates, understanding the evolving market dynamics is crucial for stakeholders. Gary Dorris, CEO of Ascend Analytics, emphasizes that PowerVAL is designed to help market participants navigate these changes. "As energy systems around the globe shift, new opportunities arise for diverse energy generation assets in the U.S. and Europe," he states.

The need for advanced software tools becomes even more pressing amidst rising asset demand. Driving factors such as the increasing load growth spurred by power-intensive data centers, reshoring of manufacturing, and the push for electrification necessitate innovative solutions that PowerVAL provides.

The Impact of PowerVAL on the Energy Market

PowerVAL is positioned as a game-changer for asset developers, operators, and financiers. It offers an integrated approach that combines expanded capabilities with practical application, allowing users to analyze and understand asset performance holistically. According to Ascend Analytics, their quantitative framework is based on Opportunity Cost Forecasting, taking into account both the impact of weather fluctuations on pricing and long-term market equilibrium.

As the energy sector continues to shift, tools like PowerVAL will prove invaluable in guiding stakeholders through the complexities of market fluctuations and regulatory changes. Ascend Analytics has solidified its reputation as a key player in market intelligence for energy transition, aiming to provide clarity and confidence in a rapidly evolving landscape.

For more information on PowerVAL and Ascend Analytics' complete suite of analytics solutions, visit their website here.

About Ascend Analytics

Ascend Analytics stands at the forefront of market intelligence and analytics solutions for the energy domain. Their tools and insights empower decision-makers in numerous sectors, allowing them to plan and manage risk across all types of energy assets effectively. With predictions extending from real-time observations to forecasts spanning three decades, Ascend has facilitated over $50 billion in project financing assessments, ensuring stakeholders are well-equipped to navigate today's dynamic energy market.