Gridmatic featured in Solar Builder: Earning in ERCOT: How to optimize grid-scale battery banks in Texas
Optimizing ERCOT BESS revenue | Getting the most out of a grid-scale battery energy storage system (BESS) involves a sophisticated platform including artificial intelligence, algorithms, energy demand forecasting, weather forecasting, and historic data from thousands of substations around the country serving Independent System Operators (ISOs).
Using this proprietary combination of tools, Gridmatic reckons they could boost ERCOT BESS revenue performance by nearly one-third for the entire grid-scale battery fleet in the Texas ERCOT grid, according to David Miller, VP of business development for the Palo Alto, Calif.-based company, in an interview with SB. The Electric Reliability Council of Texas (ERCOT) serves about 90% of the load in that state.