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GridBeyond now offers revenue floor and toll contracts for selected power storage projects in the Electric Reliability Council of Texas (ERCOT) and California Independent System Operator (CAISO) markets. Backed by highly rated underwriting partners, these contracts provide project owners with new tools to de-risk their balance sheets or secure financing. Each contract is customizable, allowing […]

Participation in wholesale energy markets offers a critical source of revenue for battery energy storage systems (BESS). Across transmission organizations in the U.S., storage operators can deploy their units to participate in various wholesale markets.

Seven major U.S. grid operators have raised a unified alarm about an impending capacity crunch, warning that the pace and scale of explosive demand—including from data centers, manufacturing, and electrification—pose a precarious misalignment with accelerating generator retirements and transmission constraints. At a March 25 hearing before the House Energy and Commerce Subcommittee on Energy, the […]

GridBeyond said it has signed a contract with Gore Street Energy Storage Fund to provide scheduling coordinator, trading, and energy optimization services for the 200-MW Big Rock energy storage system (ESS) in Southern California.

The energy grid is confronting unprecedented challenges, including surging demand, aging infrastructure, and the increasing frequency of extreme weather events. A deep freeze across the East Coast recently generated an all-time winter high demand on the PJM grid, while Texas and Florida dealt with a rare snowstorm. Demand response has emerged as a proven and […]

The need for more reliability and resilience of power delivery, both in the U.S. and worldwide, has utilities and grid operators looking for solutions to the challenge of bolstering the electricity supply. Electric grid infrastructure, both in the U.S. and other parts of the world, needs an upgrade. Increased power demand from energy-intensive industries such […]

Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they remain vigilant, monitoring for any unexpected shifts in power generation or demand that could test the power system’s resilience. The much-anticipated solar eclipse will begin […]

The Federal Energy Regulatory Commission (FERC) has unanimously approved the California Independent System Operator’s (CAISO’s) Day-Ahead Market Enhancements (DAME) and Extended Day-Ahead Market (EDAM) proposal, effectively allowing new market options to address challenges caused by increasing system variability and uncertainty in the West. FERC’s decision issued on Dec. 20, for the most part, accepts CAISO’s […]

An energy storage project in Southern California will provide resource adequacy (RA) and ancillary services to the state’s power grid, adding more reliability and resiliency for electricity in the California Independent System Operator (CAISO) market. LS Energy Solutions (LS-ES), which provides grid-connected energy storage solutions, on September 7 said it would deploy 200 MW/400 MWh […]

The Western Energy Imbalance Market (WEIM), a real-time energy market operated by the California Independent System Operator (CAISO), has gained three new participants, including its first generation-only entity. CAISO on April 5 announced the Western Area Power Administration (WAPA) Desert Southwest region, El Paso Electric (EPE), and AVANGRID have formally begun participation in the WEIM. […]