PERSPECTIVES ON AI and energy

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2022 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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Press Release

Gridmatic Retail Welcomes Jackson Vo as President, Secures Option 1 License

Under Vo’s leadership, Gridmatic will strategically expand its customer base with the Option 1 Retail License, serving a full range of C&I clients Cupertino, CA, Feb 27, 2024 — Gridmatic, [...]

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3 min read
News

Gridmatic featured in Wood Mackenzie’s The InterChange Recharged podcast

David Banmiller and Wood Mackenzie’s The Interchange Recharged podcast interviewed David Miller, Gridmatic’s VP of Business Development, to discuss how we can use Artificial Intelligence to manage power markets. Listen [...]

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1 min read
Press Release

Gridmatic Closes $50 Million Energy Storage Fund, Underscoring Importance of AI to Optimizing Batteries

Gridmatic will operate battery systems using its AI forecasting, which can boost revenue generation for grid-tied storage systems by as high as 46% Cupertino, CA, November 15, 2023 — Gridmatic, [...]

Read More... from Gridmatic Closes $50 Million Energy Storage Fund, Underscoring Importance of AI to Optimizing Batteries

3 min read
News

Gridmatic featured in Renewable Energy World: How AI-powered forecasting can advance the energy transition

Author: Matt Wytock, Founder & CEO, Gridmatic ** Over the past decade, the U.S. electrical grid has experienced significant transformations, with renewable energy growth and a focus on grid resiliency [...]

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1 min read
Blog Post

Impact of SOC Reserve Rule on Reliability During Extreme Events

Author: Austin Park Summary In December 2022, ERCOT made a pivotal shift in State of Charge (SOC) expectations for energy storage systems, particularly impacting short-duration Energy Storage Resources (ESRs).  In [...]

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5 min read
Blog Post

ERCOT Load Growth Analysis

Author: Jeff Thibodeau In our examination of power demand within ERCOT for the summer of 2023, a notable increase in load was observed across nearly all regions. Records were set [...]

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4 min read
Press Release

Gridmatic Unveils $50 Million Energy Storage Fund, Unlocking New Investment Opportunities in the Energy Sector

The launch of the Energy Storage Fund represents a significant milestone in the maturation of the energy storage industry Read more [...]

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1 min read
News

Gridmatic featured in UtilityDive: A third of utilities have begun to pilot generative AI for customer service, other uses

“The customer-facing, front-line impacts will probably be much more apparent and much more immediate … but there will be deeper things that will potentially be more hidden, and will have [...]

Read More... from Gridmatic featured in UtilityDive: A third of utilities have begun to pilot generative AI for customer service, other uses

1 min read
News

Gridmatic featured in Energy Storage News: Texas: Market saturation and new ERCOT rules to hit BESS finances

Ancillary service market saturation and new ERCOT rules … David Miller, VP business development for Gridmatic, discussed these market changes in a recent interview – prior to last week’s heatwave [...]

Read More... from Gridmatic featured in Energy Storage News: Texas: Market saturation and new ERCOT rules to hit BESS finances

1 min read
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