Dallas March 3, 2021 Enovation Analytics has announced the expansion of its energy industry leading platform which now includes stand-alone Investment Deferral Analysis and DER Feeder Impact Analysis. Electric Utilities and Developers can now rapidly analyze multiple projects and create pro forma financials across millions of DER assets.
The Enovation Analytics artificial intelligence engine utilizes machine learning algorithms to prioritize efficient deployment of capital regarding asset size, location and associated hedging strategies. The two new modules are the latest addition to the current Front of the meter (FTM) project and the Behind the Meter (BTM) single and multi-site project analysis platform. Enovation Analytics is used by over half of the top 25 US utilities and is the analytics engine behind the New York investment bank, Lazard’s Levelized Cost of Storage (LCOS) annual study.
“We are excited to launch the expanded platform to serve the ever-changing landscape of the distributed energy market. We look forward to helping our customers manage the complexity of their DER assets,” said David Jackson, Director of Sales and Marketing for Enovation Analytics.
Decades of energy strategy consulting engagements and utilization by power industry leaders went into the development and methodology behind this analytics tool which is now available to the market on a one-time or subscription basis. Enovation Analytics provides analysis and insight on renewable energy and battery technology deployments across multiple geographic areas.
About Enovation Analytics:
Enovation Analytics is a cloud based, AI driven, economic analysis tool for electric utilities, infrastructure, developers, and capital partners. We provide the best available comparison of emerging technologies, data, and use cases to solve the emerging and challenging needs of renewable and distributed generation, battery storage, and electric vehicles (EVs). Enovation Analytics sophisticated economic analysis of emerging renewable energy and battery storage technologies informs solid business investments. Our platform is SOC-2 certified and compliant, it is ready for enterprise IT.
Media contact: Terry Bickhammedia@enovationanalytics.com