InfigoLabs® Renewable Energy Cost Optimization

Empowering Power Purchase Agreement Negotiators

The growing use of renewable energy sources has induced a series of changes in the energy market's behaviour, driving the mean price lower, while causing an increase in the median. This behaviour is reflective of the abundant, yet intermittent, nature of green energy. 

Accordingly, a solution that incorporates energy storage provides a superior economic outcome, provided it is effectively optimized in its size and usage. 

Storing hydrogen and oxygen gases bought at a low price, and using these when price is unaffordable, is a great measure for protection against outlying prices. However, a number of questions then appear:

• What prices should be considered unaffordable?
• What should the size of my compressor and storage be?
• How will the seasonal changes affect my chosen configuration?
• But most importantly, how do these factors interact with each other and final lifecycle costs?

InfigoLabs helps our Customers' Energy Markets team articulate risk-based decision making through the quantification of robustness and flexibility of the storage system, enabling them to negotiate power purchase agreements.