PERSPECTIVES ON AI and energy
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2023 Annual Storage Report
The success of storage in helping to transform the grid depends in large part on its ability to optimize its market participation. This report is designed to help storage stakeholders, including asset operators (IPPs, utilities, power marketers), financial investors, and developers, to better understand differences between potential and actual market performance and factors that optimize this performance.
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Gridmatic Surpasses 1GWh of Energy Storage Under Management and Sees Major Growth in Retail Business
Leading AI-backed power marketer expands footprint in CAISO, ERCOT with customers including Energy Vault CUPERTINO, Calif.–(BUSINESS WIRE)–Gridmatic, the industry-leading AI-enabled power marketer, today announced major growth milestones in its energy [...]
Alpha Omega Power Purchases 100MW CAISO Battery Storage System and partners with Gridmatic to optimize system performance to maximize clean energy and grid reliability
HOUSTON–(BUSINESS WIRE)–Alpha Omega Power (AOP), a utility-scale renewable energy developer, owner, and operator, announced it has acquired and raised financing for the Caballero battery energy storage project, a 100MW / 400MWh [...]
Differences in battery participation in the CAISO and ERCOT markets
Authors: David Miller, Chief Commercial Officer, Gridmatic Mia Nakajima, Data Scientist, Gridmatic This blog post explores the differences in battery participation between these two markets, focusing on how varying market [...]
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Energy Vault Announces FID Approval for 57 MW Cross Trails Battery Energy Storage System in Texas and 10-Year Offtake Agreement with Gridmatic
WESTLAKE VILLAGE, Calif. & CUPERTINO, Calif.–(BUSINESS WIRE)– Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced plans for the [...]
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 [...]
Gridmatic in UtilityDive: How can more companies use 24/7 clean energy? Hourly matching is ‘not the hard part,’ analysts say
Decarbonization leaders say we have the technology to match emissions with energy generation on an hourly basis. Insufficient data and renewable generation represent the real barriers, they say. Read more [...]
ERCOT Storage Report – 2023
Gridmatic’s 3rd Annual Energy Storage Report for ERCOT is now available, with insights into the ever-evolving energy storage landscape in ERCOT. The report answers questions such as: View the slide [...]
Advancing Toward Sustainability: A Year of Operating a Data Center with 24/7 Carbon-free Energy Goals
We’re excited to highlight a significant accomplishment where we’ve delivered 24/7 carbon-free energy for over a year to EdgeConneX for their 1 MW data center in Houston. Below is a [...]
Gridmatic featured in Energy Storage News: Texas BESS reliability issue is ‘not over’ for ERCOT despite NPRR 1186 state-of-charge rule rebuff
Speaking to Energy-Storage.news at our publisher Solar Media’s Energy Storage Summit USA 2024 in the capital Austin last week, optimiser Gridmatic’s VP business development David Miller explained that the issue is not over. Read [...]