Energy Storage Best Practice Guide, developed by the Advancing Contracting in Energy Storage (ACES) Working Group
December 18, 2019
by Richard Baxter, Executive Director, ACES Working Group
The Advancing Contracting in Energy Storage (ACES) Working Group is an independent industry led and funded effort founded to develop a best practice guide for the energy storage project development community. The ACES Working Group was formed in 2018 to document existing energy storage expertise and best practices to improve project development and financing efforts across the energy storage industry. Through this combined effort, the ACES Working Group developed a library of educational resources to strengthen the fundamental understanding of energy storage project development for those developing and investing in energy storage projects.
This Best Practice Guide covers eight key aspect areas of an energy storage project proposal. This Guide documents the industry expertise of leading firms, covering the different project components to help reduce the internal cost of project development and financing for both project developers and investors.
The Guide is structured in a standard outline format so that no matter what their background or familiarity with the subject, readers will be able to grasp important aspects of energy storage more quickly and have at hand a library of useful resources for future reference.
To help make this Best Practice Guide possible, over 70 different companies and organizations contributed generously in the form of content, counsel, and expertise.
CESA Project Director Todd Olinsky-Paul was a member of the Advisory Board for this guide.