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 – Modo podcast
Gridmatic’s CCO, David Miller, joined the Modo Energy podcast to talk about AI-powered trading and storage optimization. In the conversation, David shares insights into how advanced optimization can significantly boost [...]
From Backup to Backbone
The role of storage on prices as illustrated by the Moss Landing outage Author: Austin Park, Engineering Manager, Gridmatic CAISO’s rapid storage rise kept ancillary service (AS) market prices in [...]
Impact of Location and Optimization on Maximizing BESS Revenue
Author: Marc Alvarez, Business Development Analyst, Gridmatic This blog post dives into battery energy storage system (BESS) revenue and the key factors that influence it: location and optimization. This analysis [...]
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Gridmatic in PV Magazine: California vs. Texas: A comparison of battery energy storage market participation
California and Texas stand out as national leaders in existing and planned battery energy storage system (BESS) capacity. While both states share the goal of integrating renewable energy and stabilizing [...]
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 [...]