Solar Power World

  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • Solar tariffs
    • Featured
      • Latest Feature Stories
      • Contractor’s Corner
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • Monthly Snapshots
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
  • Products
    • 2021 Top Products
    • Batteries and Storage
    • Inverters
      • Global Manufacturing Locations
    • Racking and Mounting
    • Software
    • Solar Panels
      • U.S. solar panel manufacturers
      • Global Manufacturing Locations
  • Subscribe
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Manufacturing Locations
      • Global Inverter Manufacturing Locations
      • Global Solar Panel Manufacturing Locations
      • U.S. solar panel manufacturers
    • Solar Classrooms
    • Suppliers
    • Videos
    • Webinars / Digital Events
    • Whitepapers
  • Leadership
    • Vote for the 2022 Leaders!
    • 2021 Winners
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners

Energy Toolbase integrates Stem’s AI storage capabilities into platform

By Kelsey Misbrener | March 12, 2019

Share

Energy Toolbase now includes Stem. This addition gives project developers who use Energy Toolbase the opportunity to design and deploy solar-plus-storage solutions based on Stem’s industry-leading energy storage controls. With this integration, distributed energy providers can simulate project performance, analyze financial returns, and develop sales proposals informed by Stem’s Athena AI platform and rich operating experience.

Stem’s AI platform, Athena, performs real-time energy optimization that reduces energy costs and enables customers to access additional market opportunities via Stem’s network. Stem has approximately 1,000 energy storage systems under contract across six U.S. states, Ontario and Japan. Since 2012, Stem has captured data from its systems on a one-second basis to feed Stem’s predictive analytics, machine-learning and grid-edge computing AI. Stem partners with the strongest names among solar providers across the U.S. to unlock new value from solar projects for their customers, backed by performance guarantees.

The Energy Toolbase software platform specializes in the sales and analysis of solar and energy storage projects. Over 1,000 distributed energy companies nationwide use the application during the sales and development stage of their projects. Precisely calculating the savings and economics of behind-the-meter storage projects is highly technical. Energy Toolbase simplifies the complexity of modeling a customer’s unique energy use profile, utility rate schedule, net energy metering rules and incentive programs. This enables users to more efficiently qualify their projects, optimize the system size, and create compelling customer facing sales proposal.

“We are thrilled to engage Stem’s long experience operating storage across multiple U.S. markets and AI acumen in our financial modeling capabilities,” said John Gurski, founder and CEO of Energy Toolbase. “Our users now have the ability to run Stem-validated savings simulations and work with one of the most experienced and reputable storage software operations company in the world.”

The U.S. energy storage market is forecasted to grow rapidly over the coming years. According to Wood Mackenzie Power & Renewables’ U.S. Energy Storage Monitor, total energy storage deployments will grow from 311 MW in 2018 to 4,447 MW in 2024, more than doubling each year. To do so, storage developers will need to develop highly-efficient project development.

“Solar project developers that are seeking to add storage need real-world performance simulation and market economic expertise, backed by long experience across a range of markets, to accurately estimate their customers’ potential returns,” said Alan Russo, Stem’s chief revenue officer. “Stem works to unlock new value from solar-plus-storage by enhancing project economics, future-proofing against changing rates and expanding sales opportunities. Moreover, these assets have the opportunity to participate in wholesale markets and utility programs, all orchestrated by our AI-driven software.”

Energy Toolbase and Stem will co-host training opportunities to overview the functionality of their new integration. Register here to attend.

News item from Energy Toolbase

About The Author

Kelsey Misbrener

Kelsey is managing editor of Solar Power World and host of the Contractor's Corner podcast.

Comments

  1. Ryan Parrish says

    March 12, 2019 at 11:29 am

    Very impressive integration for the team at EnergyToolbase, we are a happy customer!

    Reply

Tell Us What You Think! Cancel reply

Related Articles Read More >

UL releases new utility-scale energy storage design software
How to accelerate sale-to-install time and squash solar soft costs
PowerFlex announces new solar + storage asset management platform
EagleView skips site visit with new residential solar design software

SPW Digital Editions

Solar Power World Digital EditionBrowse the current issue and archived issues of Solar Power World in an easy-to-use, high-quality format. Bookmark, share and interact with the leading solar construction magazine today.

Contractor's Corner Podcast

May 23, 2022
Contractor’s Corner: Solar apprenticeships are key to meeting renewable energy goals
See More >

Solar Policy Snapshot

Solar policy differs across state lines and regions. Click to see our monthly roundup of recent legislation and research throughout the country.

Read More >

Solar Power World
  • Top Solar Contractors
  • Solar Articles
  • Windpower Engineering & Development
  • Battery Power Tips
  • Top Products
  • Leadership
  • About/Contact Us
  • Subscribe
  • Advertising
  • WTWH Media

Copyright © 2022 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Solar Power World

  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • Solar tariffs
    • Featured
      • Latest Feature Stories
      • Contractor’s Corner
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • Monthly Snapshots
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
  • Products
    • 2021 Top Products
    • Batteries and Storage
    • Inverters
      • Global Manufacturing Locations
    • Racking and Mounting
    • Software
    • Solar Panels
      • U.S. solar panel manufacturers
      • Global Manufacturing Locations
  • Subscribe
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Manufacturing Locations
      • Global Inverter Manufacturing Locations
      • Global Solar Panel Manufacturing Locations
      • U.S. solar panel manufacturers
    • Solar Classrooms
    • Suppliers
    • Videos
    • Webinars / Digital Events
    • Whitepapers
  • Leadership
    • Vote for the 2022 Leaders!
    • 2021 Winners
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners