Ascend Analytics

Registration is now OPEN for the Ascend Summit 2024: Powering the Energy Transition!    Sept 30 – Oct 2 in Boulder, Colorado; Register today 👉 https://bit.ly/3ytCGVs    The Ascend Summit brings together prominent electric power experts to offer insights on wholesale electricity markets, clean energy procurement, power project finance, resource planning, renewables and storage valuation, and merchant portfolio management.    #energytransition #energyanalytics #AscendSummit #energystorage 

Ascend WECC Webinar: Stuck in the Middle with You - A Tale of 2 Competing Markets    Join us online for the latest WECC forecast on August 1st 👉 https://lnkd.in/dDX3EcQE    Surplus solar in the South West has turned the WECC upside down to create a new North and South divide, where the South has become the low-cost center of power and the North has some of the most consistent high power prices in the country. Competing proposals for day-ahead market expansion create additional uncertainty.    Learn Ascend’s view on how the WECC power market will unfold and where and what resources are needed to meet new load in the wake of large thermal retirements.    #energymarkets #energyanalytics #energytransition 

Last week in ERCOT, increasing net load led to energy arbitrage opportunities in both the day-ahead and real-time markets.     DA prices generally cleared above RT prices as usual in ERCOT. This was especially pronounced on the 24th when solar and wind both generated more than expected.    ECRS continued to be the highest priced ancillary product with prices reaching $100/MW during the net load peaks on the 23rd and 24th. Strategies that balanced ECRS with energy participation in both the DA and RT market performed optimally last week.    Interested in learning more about how Ascend can help you with your Bid Optimization, go to Ascend’s website at https://bit.ly/4aKfRu0 and click “Talk to an Expert” to book a meeting. 

Register for the Ascend Summit 2024: Powering the Energy Transition! Join us Sept. 30th to Oct. 2nd, 2024, in Boulder, Colorado. Register today 👉 https://bit.ly/4buY8as   The Ascend Summit will feature a keynote discussion with Allison Clements, FERC Commissioner, and Gary Dorris, PhD and CEO of Ascend Analytics, on the topic of "Prospects and Pitfalls of the Energy Transition."   Topics Include:   - Transmission build-out and interconnection queues  - Wind monopolies  - Rational economics vs regulatory precedence  - Distributed vs utility scale resources #energytransition #energyanalytics #AscendSummit #energystorage

Ascend Analytics announces on behalf of Belltown Power that the company has initiated the sale of an 850 MW battery energy storage system project portfolio in ERCOT.     Ascend invites all qualified independent power producers, infrastructure funds, developers, and investors to learn more at the AEX Belltown Project Website: https://bit.ly/3VZSp6P    Read Ascend’s Press Release here 👉 https://lnkd.in/dZZqDTB7    #energytransition #energyanalytics #batterystorage

Meet Ascend Analytics at the American Clean Power Association (ACP) inaugural RECHARGE Energy Storage Summit June 26 –28 in Portland, OR. Stop by booth 316 to meet our team! #ACPRECHARGE24 #energytransition #energyanalytics #batterystorage 

Ascend’s ERCOT Market Forecast 5.1 Webinar: I Can't Believe it's not a Capacity Market    👉 Join us online for the latest forecast on ERCOT July 18th https://bit.ly/4b8WvyV ERCOT is experiencing quickly rising demand, but ERCOT’s electrical isolation from the rest of the country makes it more susceptible to volatility and scarcity conditions that result from a delicate supply and demand balance. While identifying as an energy-only market, ERCOT has implemented a variety of capacity revenue mechanisms to incentivize new generators, with critical conditions and revenues shifting toward longer duration resources.     This webinar will discuss Ascend's view of ERCOT's evolving market fundamentals and the implications on prices for energy, ancillaries, and the 'not a capacity market.'

The prevailing trend of decreasing day-ahead prices with decreasing net load held true in ERCOT, as forecasted last week by Ascend’s SmartBidder team.   💡 Here’s what the SmartBidder Team identified last week:   -         Increased renewable generation in ERCOT steadily drove net load down from around 60 GW to 46 GW. As renewable generation increased throughout the week, AS prices also dropped steadily. -         ECRS continues to clear as the most expensive AS product, especially during times of low renewable generation in the beginning of the week. -         The gap closed and prices between products converged around $10/MW by the end of the week.   Moving into the summer, renewable generation volatility will continue to impact prices throughout the summer and be a confounding factor that drives real-time prices in Texas. Interested in learning more about how Ascend can help you with your Bid Optimization, go to Ascend’s website at https://bit.ly/4aKfRu0 and click “Talk to an Expert” to book a meeting.

Ascend’s ERCOT Market Forecast 5.1 Webinar: I Can't Believe it's not a Capacity Market    👉 Join us online for the latest forecast on ERCOT July 18th https://bit.ly/4b8WvyV ERCOT is experiencing quickly rising demand, but ERCOT’s electrical isolation from the rest of the country makes it more susceptible to volatility and scarcity conditions that result from a delicate supply and demand balance. While identifying as an energy-only market, ERCOT has implemented a variety of capacity revenue mechanisms to incentivize new generators, with critical conditions and revenues shifting toward longer duration resources.     This webinar will discuss Ascend's view of ERCOT's evolving market fundamentals and the implications on prices for energy, ancillaries, and the 'not a capacity market.'

Registration is OPEN for the Ascend Summit 2024: Powering the Energy Transition, Sept. 30th to Oct. 2nd in Boulder, Colorado.       Summit Highlights:   - Keynote sessions featuring utility and corporate power buyers  - Ascend’s market outlook and strategies for carbon-free energy supply  - Power procurement innovations to meet new demand and clean power supply needs  - Rooftop networking happy hour with suppliers and buyers and hiking the Flatirons      Learn more about the event and register today 👉 https://bit.ly/4c1F2tq    #energytransition #energyanalytics #AscendSummit #energystorage