In order to solve the complete needs of energy storage project developers, Nikola Power is building software products to design, price, and finance battery energy storage systems (BESS) and solar systems — in addition to building a state-of-the-art energy management system (EMS) to optimize energy storage dispatch with our proprietary algorithms.
Ratio (Software & Sizing)
- Web-based application that developers and financiers can use to model solar, storage, and solar + storage projects
- Determines the optimal size of an asset and critical financial outputs based on existing load data
- Uses proprietary algorithms to calculate peak shaving, energy arbitrage, and demand charge deductions for behind-the-meter systems
Intellect (Energy Management System)
Nikola Power's future EMS will dynamically optimize and control battery energy storage systems (BESS) for specified applications. Our engineering team has been developing next-generation algorithms that utilize machine learning and advanced control theories to optimize battery dispatch for maximum operations & maintenance (O&M) savings.