About this event
As renewable energy and energy storage continue to transform power grids across the USA, it’s crucial for utility-scale battery owners to understand the changes in market dynamics and changes in trading strategies that will keep providing their target revenues. In this upcoming webinar, we will review key market trends and assess what changes are here to stay and which were driven by weather conditions.
While mild summer was a major driver of low power prices in summer of 2024, some market changes added to the downward pressure on prices in ERCOT. Understanding these nuances is crucial for BESS owners who want to forecast market conditions and adjust their strategies for the long term.
One of the most significant changes in ERCOT this year is the introduction of Real-Time Co-Optimization with Battery Storage (RTC+B), NPRR 1186, and making changes to the dispatch of ECRS carrying resources. We will explain the impacts of these regulatory changes on market dynamics, grid stability, and trading opportunities for battery owners.
Our experts Ali Karimian and Alden Phinney from GridBeyond will look at how different trading strategies performed over the past year in ERCOT and CAISO, and how to increase the profitability taking the limitations of physical assets into account. They review the results of their trading strategies, highlighting what worked, what didn’t, and how battery owners and operators can adapt going forward to optimize trading strategies for the future.
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Hosted by
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Guest speaker
Alden Phinney Sales Director @ GridBeyondG
Alden Phinney is a Regional Director at GridBeyond with over 10 years of experience in business development and data analytics for renewable and flexible energy portfolios. In his work at GridBeyond, he partners with renewable asset owners and developers to maximize energy market revenues and savings across North American energy markets. He has focused on analyzing, optimizing and deploying BESS at C&I facilities and in front of the meter since 2018, working previously at Enel X / EnerNOC and with various startups in New York City.
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Guest speaker
Ali Karimian Market Optimisation Director @ GridBeyondG
Ali has 10 years of working experience in power and financial markets. He has a deep understanding of the power generation (renewable and fossil fuel) and power storage in the US wholesale electricity markets, retail power market, price forecasting and analytics, and the business landscape. He currently is the director of market optimization at GridBeyond. Previously he has been the director of market operation at Key Capture Energy, and a senior quantitative analyst at Constellation Energy.
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Team member
Andy Colthorpe Editor @ Solar Media / Energy-Storage.newsT
Editor and lead journalist for Energy-Storage.news, covering the global industry for a business audience.
Solar Media
Events. Publishing. ResearchSolar Media Ltd is a business to business media company specialising in the provision of digital news, business intelligence, print publishing and high quality events to serve the needs of the Solar, Energy Storage, Electric Vehicle and Distributed generation sectors of the Energy Industry.
