Data Analysis and Algorithm Development to Optimize Energy Storage Installation Size

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TROES Corp. (TROES) is a Markham, Ontario-based company that designs, manufactures, and sells battery energy storage systems. The design of custom systems is a complex multi-variable process that combines historical data with electricity pricing, weather and location limitations, and client payback period calculations. The latter is currently a bottleneck in the industry, as creating an optimal design is important to proper system functioning and efficiency of the payback period for the client. TROES will collaborate with Seneca's School of Environmental & Civil Engineering Technology (SECET) to enable the development of a fast and accurate software solution to support energy storage system design. Specifically, a partially automated design will enable TROES and the industry to increase the throughput of system design to assist project engineers in providing customized, appropriate battery energy storage systems for their situations. This will help to grow the sector to meet the rising demand and meet the challenge of energy security.