May 26, 2022
Kearsarge Energy L.P faucets Customized Energy Solutions (CES) to optimize the efficiency and income era of their 4.4 MW solar and 10 MWh storage website in Bellingham, Mass. CES will deploy its bidding and scheduling optimization platform, GridBOOST, which they anticipated to extend the positioning’s income 20 to 50 % through ISO-NE’s capability and frequency regulation markets and state incentives.
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Established in 1998, Customized Energy Solutions is a third-party asset supervisor of greater than 13,000 MWs of renewable and traditional era sources throughout all ISOs within the United States, Ontario, Canada and Guam.
Unlike the ramp-based era profiles which were historically used to information storage dispatch and charging, GridBOOST integrates information from a number of sources to make its scheduling and bidding selections. GridBOOST’s algorithm accounts for the expertise constraints and operational efficiency of era and storage property, in addition to exterior elements together with market participation guidelines and limitations, day forward and actual time pricing forecasts, climate forecasts, and the profit constructions of obtainable incentive packages to maximise the attainable market income of era and storage property.
GridBOOST is presently out there in CAISO and ISO-NE, with plans to develop into new markets, corresponding to ERCOT, PJM, and NYISO, within the close to future.
“The ability to optimize asset performance and strategically schedule and bid energy and regulation will become increasingly valuable as more storage assets come online, driving stiffened market competition and decreased frequency regulation prices,” says Erik Paulson, Vice President of Wholesale Market Services at CES. “GridBOOST offers Kearsarge a dynamic and agile strategy for scheduling and bidding the storage resource into the ISO-NE markets, generating an immediate increase in revenue and setting them up for continued success in the future.”
Kearsarge has developed and financed greater than 170 MW and $450 million of solar PV and energy storage initiatives and is quickly rising its enterprise in choose markets throughout the U.S.
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Tags: Customized Energy Solutions