Impeto Impact launches financial modeling software for battery storage
Impeto Impact said its software-as-a-service (SaaS) platform combines five years of historical electricity market data with user-defined assumptions to generate financial models for merchant BESS projects.
The platform uses a forward-testing methodology that combines 1.3 million historical data points with assumptions on electricity price trends, reserve market revenues, and market volatility. According to Impeto Impact, it generates business cases ranging from conservative to optimistic scenarios, including net present value (NPV), internal rate of return (IRR), profit and loss statements, cash flow, and balance sheet projections.
The company said the software is designed for merchant battery storage projects that earn revenue across multiple electricity markets, including day-ahead, intraday, and ancillary services. It also models battery degradation over a 15-year operating life and accounts for changing revenue opportunities as market conditions evolve.
Impeto Impact founder Jim Lefèbre said the software was designed to address the growing complexity of merchant battery storage projects by providing investors with a practical modelling tool that can be adapted to their own market assumptions.
The company developed the platform with a pilot customer and said the project was entirely self-financed. The methodology is based on research conducted with Jonas Puck of the Vienna University of Economics and Business, published in the “Charging Ahead” study on Austria’s battery storage market.
It said the software is already being used by early customers in Austria. It plans to expand into Germany in the coming months and add applications that help industrial companies optimize their electricity consumption profiles.
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