STANDALONE STORAGE OR HYBRID SYSTEM ANALYSIS
Fractal Model is a technoeconomic energy storage modeling package used project development, due diligence and RFP evaluation. The Fractal Model provides investment grade analysis by simulating performance, degradation, warranty, costs and revenues to optimize the economics of your energy storage and hybrid projects. The Fractal Model platform uses Fractal’s Cloud Based Optimizer and seamlessly integrates with Fractal’s MS Excel based Financial Models and Dashboards.
ONE TOOL FOR YOUR ENTIRE BESS LIFECYCLE
The Fractal Model provides project visibility and optimal outcomes across the entire project lifecycle.
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PROJECT DEVELOPMENT
Use the Fractal Model for pre-construction design and analysis or to determine bids for RFPs. Maximize long-term return for merchant and/or contracted business models. Optimize sizing and off-take structure.
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RFP EVALUATION
Use the Fractal Model to evaluate the impacts of CAPEX and OPEX. Quantify costs associated with auxiliary load, monitoring, degradation, warranty and performance guarantees, maintenance, etc. Compare bids for lowest total cost of ownership.
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DUE DILIGENCE / M&A
Use the Fractal Model for pre-construction design and analysis or to determine bids for RFPs. Maximize long-term return for merchant and/or contracted business models. Optimize sizing and off-take structure.
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DISPATCH OPTIMIZATION
Use the Fractal Model to evaluate the physical and financial impacts of a modified or new dispatch strategy for your operational BESS. Import pricing forecasts and perform sub-hourly revenue optimization for merchant participation.
VERSION 23.12 JUST RELEASED
Quarterly update Version 24.6 (released in June 2024) included the following new features:
Long-Term Forecasts
Get Fractal’s long-term price forecasts within the Add-in
NY Index Storage Credit
Get pre-built Fractal Model templates for the NY ISC mechanism.
Cost Benchmarks
Updated BESS CAPEX and OPEX benchmarks
FEATURES
The Fractal Model features include:
- Iterative technical design and financial analysis
- Optimization of project revenues and costs
- Standalone BESS, PV+S (AC or DC), W+S, PV + W + S, PV + PV + S
- Optimize sizing and degradation
- Detailed time series simulations (hourly, minute or second)
- Detailed calculations: SOC, RTE, OPEX, CAPEX, ITC, oversizing, depreciation
- Dynamic scenarios (run 5 different CAPEX and OPEX)
- Non-linear degradation curves that capture degradation due to throughput, DOD and SOC across many lithium and non-lithium chemistries
- RTE Losses in Accordance with Equipment Efficiency Curves (Batteries, Inverters, Transformers, Wires)
- RTE Degradation (Batteries Become Less Efficient Over Time)
- Optimized dispatch tool to maximize returns
- Stack applications and create custom dispatches
- Downloadable cash flow (annual and monthly)
- Evaluate business models using historical prices or forecasts
- Sensitivity analysis that allows year by year changes of costs and revenues
- Monthly cashflows: choose between annual or monthly (schedule outflows), add reserve funds (inverters and batteries), and add debt service
- MMRA for optimizing operating cashflows related to battery augmentations and inverter replacement CAPEX; MMRA tax treatment functionality between OPEX and retained earnings
- Easily toggle between unlevered and levered cases
- Annual costs of auxiliary loads on a timestamp by timestamp basis
- Solar parasitic load cost calculation
- Track and customize degradation separately for augmentations
- Optimize between BOL oversize and augmentations with self-optimized simulations
- Specify cost curves for augmentations
- Configure topology: MV or HV interconnect
- Solve for solar PV PPA rate and storage capacity payment
- Federal and state taxes and tax incentives
- Arbitrage tool (Fractal Model shows the best times to buy and sell)
- ITC compliance, MACRS, bonus depreciation
- Major Maintenance Reserve Account (MMRA)
- Account for inverter replacements
- Maintenance and monitoring cost estimates
- Specify costs of augmentations
- CAPEX pricing tool (Fractal’s estimated costs)
- Milestone payment schedule to optimize monthly project capital outlay and accurately size capital stack
- Optimize around a POI restriction
- DC:AC optimization for PV+S
- Incorporate third-party forecasts and dispatches
- MA SMART and Clean Peak Incentive calculators
- Full access to formulas and VBA
- Scenario Builder: Compare 4+ bids for CAPEX and OPEX
- Self-optimization of BESS oversizing and augmentations based on IRR
- Solar and BESS inverter throughput estimates, recommended replacement years and related CAPEX schedules with accounting treatments
- Bridge loan / construction note facility for both solar and BESS CAPEX with debt sizing allocation relative to selected cost components
- Detailed calculations of peak auxiliary loads (station power)
- Heat map of residual capacity available at POI for optimal BESS value stacking
- Calculate the amount of batteries given the DOD, C-rate and SOC restrictions