Energy storage integrator FlexGen has announced a new service product for developers, independent power producers (IPPs) and asset owners: FlexGen DigitalTwin.
FlexGen DigitalTwin produces project feasibility reports (PFR) for energy storage development, allowing users to determine a potential project’s revenue opportunity and lifecycle costs, as well as study the grid impact for interconnection.
“’Does storage work for our project?’ is the most common question we get from current generation owners regardless of their existing source,” says Yann Brandt, CFO of FlexGen. “By providing an investment-grade report, we provide the ROI analysis and technical support that gets a project off the ground.”
Over the past 10 years, FlexGen has built a suite of software applications that has been tested to NERC standards and qualified by every major ISO and RTO. The FlexGen DigitalTwin allows the energy storage system to manage a constructed project to the original pro forma or determine if a deviation is an improvement to the investment through the HybridOS AI platform.
“We are meeting our customers earlier in their process, providing the engineering services to get projects green-lit, which is another example of FlexGen being the ideal partner to energy storage owners for the long term,” says Kelcy Pegler, Jr., FlexGen’s CEO. “The most exciting thing about the year to come is how many first-time energy storage owners we will help create.”