Battery energy storage systems (BESS) operating in California’s grid left approximately US$98 million on the table due to suboptimal bidding strategies, according to a new analysis from Gridmatic.
Energy-Storage.news speaks with Michael Huisenga, Managing Director, Bid Optimisation, at Ascend Analytics, about optimising energy storage revenues, ahead of the upcoming Energy Storage Summit USA.
Energy-Storage.news Premium speaks with Sergio Melendez, storage sector manager at CAISO, and Ali Karimian, market optimisation director at GridBeyond, about regulating Bid Cost Recovery Payments in the California Independent System Operator market.
Evolving market dynamics in ERCOT and CAISO, the two leading US electricity markets for battery storage, call for smart optimisation strategies, write Ali Karimian and Alden Phinney of GridBeyond.
