Technology

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.