Training course: Energy Storage Essentials

Increase your understanding of the technical, market and financial aspects as well as risks associated with grid-connected energy storage.

DNV will provide you with international examples and present our view on best practices for grid connected energy storage using our industry-supported GRIDSTOR methodology

Your benefits

After this course you will be able to:

• Identify opportunities and risks for grid-connected energy

storage in your business.

• Understand the complexity of grid-connected energy

storage projects, be able to make decisions and interact

with stakeholders during the entire project life cycle.

For whom?

This course is intended for project developers, insurers and

lenders interested in, or working with, grid-connected energy

storage. Policy makers, utilities, EPC contractors and other

professionals who wish to benefit from DNV’s technical and

commercial knowledge of energy storage are also welcome to

register to this course


An elementary knowledge of electricity and/or physics is recommended.

Course topics

The following topics will be addressed:

  • Roles of storage in the electricity grid:
    • Electricity markets and applications
    • Types of energy storage systems (e.g. Li-ion, vanadium redox flow batteries, etcetera)
    • Components of energy storage systems
  • Essential elements:
    • life cycle phases and planning
    • Performance indicators/reliability
    • Sizing
    • FAT/SAT
    • Warranty/safety items
    • Contracting, actors and responsibilities
  • Business models:
    • Value of flexibility
    • Levelised cost of storage (LCOS)
    • Technology/market combinations
    • Examples/case studies
  • Risk in energy storage:
    • Risks & risk mitigation
    • Safety, health and environmental aspects
    • Design FMECA/operational FMECA
    • Standard

The topics covered during the course will be supported by case studies and examples.

GRIDSTOR is our recommended practice on grid-connected energy storage, providing definitions, procedures and an excellent framework for discussing the above topics.

Practical information

For the following items, please refer to the registration form:

  • Course dates
  • Venue details
  • Registration fee
  • Payment and cancellation conditions

The training and all course materials will be in English. To encourage active participation, the number of participants is limited to 20. Click here for more information and to register for the upcoming course.

On request, DNV can also develop customized and in-company training courses. Content, location and duration of the course can be adapted to your specific needs.


For more information:

Energy Academy

email: academy.energy@dnv.com

web: www.dnv.com/energy-academy

tel: +31 (0)6 29602659 / +31 (0)6 15063593 / +31 (0)6 18410601

A few responses from previous participants

  • "Excellent course! I was impressed by both the instructors and the participants." Timothy Sweeney, Principal Technical AdvisorExport Development Canada
  • "A solid foundational course that provides a really good overview of Energy Storage solutions and where and how they fit in today's evolving electricity market."
  • "The business cases helped me to better assess the various energy storage projects to drive towards commercialisation." Ong Teng Ho, Team LeadKeppel Fels Limited

About DNV
DNV is the independent expert in risk management and assurance, operating in more than 100 countries. Through its broad experience and deep expertise DNV advances safety and sustainable performance, sets industry benchmarks, and inspires and invents solutions.

Whether assessing a new ship design, optimizing the performance of a wind farm, analyzing sensor data from a gas pipeline or certifying a food company’s supply chain, DNV enables its customers and their stakeholders to make critical decisions with confidence.

Driven by its purpose, to safeguard life, property, and the environment, DNV helps tackle the challenges and global transformations facing its customers and the world today and is a trusted voice for many of the world’s most successful and forward-thinking companies.

In the energy industry
DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services. As the world's leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realizing the goals of the Paris Agreement, and supports customers to transition faster to a deeply decarbonized energy system.

Learn more at www.dnv.com.