m+ energy

Selected work

Client names are withheld. Sites are identified by sector and region, and the figures are as modelled or as delivered.

Full case study

Chemical plant, southern Taiwan, science park facility

Problem
build a defensible dispatch and savings model for a large science park facility using fifteen minute interval data.

Work
  • developed peak shaving and over contract suppression logic with state of charge floors and round trip efficiency integrated into the tariff calculation, and added customer baseline calculation and utilisation metrics.

19 percentdischarge utilisation

Approximately 19 percent discharge utilisation and around 70 equivalent full cycles per year. The battery was being paid for as infrastructure and used as insurance.

Consequence
utilisation replaced return on investment as the first metric reviewed at subsequent sizing meetings.

Full case study

Data centre, northern Taiwan, 5,000 kW

Problem
establish whether behind the meter storage could be justified at a data centre site with a 5,000 kW Taipower contract.

Work
  • rebuilt a corrected 8,760 hour load profile at a load factor of 0.89, ran a full dispatch simulation under high voltage three tier time of use, and modelled land to megawatt density scenarios and the effect of the free supplementary off peak contract allowance.

near zerointernal rate of return

Pure time of use arbitrage returned a near zero internal rate of return at roughly 350 US dollars per kilowatt hour installed, without subsidy. Additional off peak contract capacity widened the charging window without improving the return.

Consequence
the client stopped optimising charging headroom, which was not the binding constraint, and reframed the project around resilience value and a possible subsidy trigger.

Full case study

Energy infrastructure fund structuring, Asia Pacific

Problem
build investor facing structures and materials for storage and renewable infrastructure vehicles across Japan, Southeast Asia and Oceania.

Work
  • produced bilingual fund proposals across several mandates and ticket sizes, designed partner structures, tranching and return targets, reconciled competing prospectus drafts, and conducted diligence on a prospective listing vehicle and a first investment target.

operating assumptions

Diligence pressure concentrated on operating assumptions rather than on the capital structure.

Consequence
the technical model was rebuilt to the same standard as the financial model before the materials went out.

Full case study

Grid flexibility and virtual power plant architecture, Philippines

Problem
define how distributed batteries, microgrids, renewable generation, controllable loads and backup resources could be aggregated into a workable flexibility platform.

Work
  • reviewed ancillary service and reserve use cases, designed aggregation architecture, separated system operator, market, aggregator and asset owner responsibilities, and specified a staged deployment path.

thinner than the software roadmap assumed

The platform concept was sound but the dispatchable field resource base was thinner than the software roadmap assumed.

Consequence
deployment was staged behind resource acquisition rather than behind software delivery.

Full case study

Off grid storage, Mindoro, Philippines

Problem
build a financial model for storage in an area outside the main transmission grid, under the small island and isolated grid operator framework.

Work
  • analysed the published 2025 to 2034 ancillary services procurement plan to extract storage eligible procurement rates by service type and grid region, assessed modular architecture, island logistics for heavy equipment, resilience and remote operation requirements, handled contract authentication and storage specific translation, and identified local assumptions requiring verification.

2.08 to 2.20pesos per kilowatt hour

No storage dispatchable reserve contract existed as a precedent, so regulator approved rates had to serve as the baseline. Regulating reserve rates, at roughly 2.08 to 2.20 pesos per kilowatt hour, sat above contingency reserve rates at 1.25 to 1.50, and the off grid framework tends to price above on grid benchmarks.

Consequence
the model states its baseline as a regulatory document rather than a market price, and flags that assumption on the front page rather than in an appendix.

Full case study

Storage manufacturer market entry, Thailand

Problem
establish what a foreign storage manufacturer must complete before it can sell into the Thai market.

Work
  • mapped the two distribution utilities' approved product requirements, identified national standards certification gaps, assessed grid code compliance obligations, and produced a phased twelve month plan naming the approval bodies.

certification queue

The binding constraint on market entry was the certification queue rather than commercial readiness.

Consequence
the launch plan was rebuilt around approval milestones, and the sales hiring schedule moved back accordingly.

Full case study

Textile plant, central Taiwan, roughly 22,500 kW contract

Problem
determine the appropriate storage size under complex time of use, demand response and contract capacity conditions, for a site running a heavy round the clock base load.

Work
  • analysed billing across regular and supplementary contract capacity, modelled multiple power and energy configurations including 15 MW with 90 MWh and 15 MW with 60 MWh, and tested achievable contract capacity targets against the site's genuine base load.

below roughly 16,000 kW

The 50 percent free allowance on supplementary contract capacity removed a savings opportunity the original business case had assumed. Contract capacity targets below roughly 16,000 kW were unreachable at any battery size.

Consequence
two of the largest lines in the original model were removed. They were arithmetic errors in the tariff logic rather than optimistic assumptions, and the corrected case supported a smaller system.

Full case study

Textile plant, Vietnam, industrial rooftop solar

Problem
surplus rooftop generation and commercial exposure under the site's rooftop solar offtake agreement.

Work
  • matched solar output to factory consumption, assessed minimum consumption and surplus energy treatment, compared time of use, solar capture, power factor and prospective capacity charge value streams across several all in one cabinet configurations, and modelled fifteen year returns and sensitivities.

not the best configuration

The largest configuration was not the best configuration. Contract structure and surplus recovery outweighed arbitrage.

Consequence
the recommendation was a phased approach with a defined trigger, since validated by the 2026 change to the surplus sale cap described on the Vietnam page.