Energy-Storage.news proudly presents our sponsored webinar with GridBeyond, on successful battery storage trading strategies in the ERCOT and CAISO markets.
As renewable energy and energy storage continue to transform power grids across the USA, it’s crucial for utility-scale battery storage asset owners to understand the changes in market dynamics and changes in trading strategies that will keep providing their target revenues.
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In this webinar, we review key market trends in Texas’ ERCOT market and in California’s CAISO market. Experts from GridBeyond 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 expert speakers also 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. We’ll review the results of our own trading strategies, highlighting what worked, what didn’t, and how battery owners and operators can adapt going forward to optimise trading strategies for the future.
Speakers:
Ali Karimian, market optimisation director, GridBeyond
Alden Phinney, sales director, GridBeyond
Andy Colthorpe, editor, Energy-Storage.news (moderator)
See the webinar on YouTube below. You can also register to watch the webinar from the on-demand section of our website, which will also enable you to access presentation slide deck, and where you can find all our other Energy-Storage.news webinars.
