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Aurora Energy Research launches bankable battery valuations software: Chronos

By November 8, 2023November 9th, 2023Global, Flexible Energy & Storage, Media

Aurora Energy Research, the world’s largest dedicated power market analytics provider, has officially launched its new bankable battery valuation software, Chronos, at its flagship Aurora Battery Conference 2023.

As demand for clean energy and efficient storage solutions continues to grow, Chronos is set to revolutionise battery valuations in power markets across the world, providing investors, developers, and utilities with advanced tools and insights to make informed decisions, and optimise their energy storage strategies with an easy-to-use bankable software solution.

Aurora has launched Chronos at a time of rapid expansion of interest and investment opportunities for battery storage globally. Prospective developers are seeking help to understand the optimum locations, sizings, and trading strategies for battery storage assets, as well as whether co-location is desirable, all before operation even begins. Traditionally, providing this support would have required weeks of bespoke analysis, with only a singular result for one asset configuration to show for it.

Chronos fast tracks this process with a bankable software solution, putting control into the hands of its users. Users can run hundreds of valuations, saving both time and resources. Reliance-ready results mean that clients are able use them for due diligence, transactions, and debt financing straight out of the box.

Mateusz Wronski, Global Software Solutions Director, Aurora Energy Research, commented:

“For years, Aurora has been the trusted advisor and analytics provider for battery investors and operators worldwide. Today’s launch marks a culmination of many months of hard work turning our bankable curves, cutting edge dispatch engines and a wealth of market knowledge into a truly unique software solution, which empowers our users to optimise their battery investment.”

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Megan Tracey, European Press Officer | +44 (0)7810 817354

From its Oxford academic roots, Aurora Energy Research has grown to become the largest dedicated power market analytics company in Europe, providing data-driven intelligence for strategic decisions in the global energy transformation. We are a diverse team of more than 500 experts with vast energy, financial, and consulting backgrounds, covering power, hydrogen, carbon, and fossil commodities. We are active in Europe, Asia Pacific, and the Americas, working with world-leading organisations to provide comprehensive market intelligence, bespoke analytic and advisory services, and cutting-edge software.