The strategy for developing battery storage sites is unique to each individual project. From securing suitable land to obtaining a grid connection, every step plays a crucial role in creating the right conditions for a viable site. A developer’s expertise is essential in navigating these complexities, ensuring a project's success long before it becomes operational.
In this episode, Ravi Sharma, Director of Development - Energy Storage at Deriva Energy joins Quentin to explore the development process of battery energy storage systems in key markets in the US.
Over the course of the conversation, you’ll learn about:
- What each stage of the development process entails, from site acquisition to connecting to the grid.
- The developer's role in managing risk and uncertainty throughout project lifecycle.
- Complexity of estimating interconnection costs and upgrades.
- Insight into the competitive landscape for desirable sites and substations.
- The need for long-duration storage valuation and procurement.
About our guest
Deriva is an established leader in clean energy, with 5,900 megawatts of operating and under construction wind, utility scale solar and storage assets across the U.S. Formerly known as Duke Energy Renewables, Deriva is a portfolio company of Brookfield, one of the world's largest owners and operators of renewable power and climate transition assets.
Ravi Sharma is Director of Development for Energy Storage at Deriva Energy where he leads energy storage project development and manages interdisciplinary teams across various U.S. energy markets.
About Modo Energy
Modo Energy helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets.
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