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 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 [...]
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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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 [...]
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 [...]
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 [...]
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 [...]
SmartBrief Podcast: Is AI the New Crypto When It Comes To Energy Consumption?
Matt Wytock and David Miller from Gridmatic outline the various ways artificial intelligence is helping solve some of the biggest challenges in the energy industry. Listen to the podcast [...]
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Gridmatic featured in Energy Storage News: Gridmatic on ‘black box’ AI optimisation criticism: ‘results will speak for themselves over time’
June 8, 2023 – Financial performance will ultimately determine the success of AI-based battery storage optimisation platforms, Gridmatic told Energy-Storage.news in response to recent comments from one developer. The firm, which describes [...]
Gridmatic featured in Reuters: Texas battery rush: Oil state’s power woes fuel energy storage boom
May 31 (Reuters) – BlackRock, Korea’s SK, Switzerland’s UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit [...]