Ascend's SmartBidder™ Helps Bring Wellhead Energy's 68.8 MW Stanton Battery Energy Storage Project Online in CAISO

Wellhead Energy, LLC (Wellhead) selected the Ascend Analytics SmartBidder™ platform to optimize live bidding operations for the Stanton Battery Energy Storage (SBES) project, a 68.8 MW / 275.2 MWh battery located in Stanton, California.  

SBES, the 15^th largest standalone battery operating in CAISO, provides Orange County and CAISO with flexible energy and grid reliability services.  

"SmartBidder allows users to create customized bidding strategies that are tailored to nodal pricing, asset-specific physical and contractual constraints, and owner risk-adjusted return expectations. This capability enables the Stanton project to meet resource adequacy requirements while flexibly bidding into the DA and RT markets and maintaining control over and managing risks in market participation," stated Jeff Hartsough, Managing Director of Asset Operations for Ascend Analytics.

Currently modeling over 6 GW of both simulated and commercially operational renewable and energy storage projects, SmartBidder leverages machine learning to develop absolute, probabilistic, spike, and spread price forecasts to optimize participation in the day-ahead energy, real-time energy, and ancillary services markets.

On December 6, a ribbon-cutting ceremony will be held at the SBES location in Stanton to formally commemorate the facility's opening. Following commissioning, the facility will begin live bidding operations in the CAISO market using SmartBidder.