News

ERCOT's Market Dynamics Expected to Transform as Renewables Become New Baseload

July 18, 2024

BOULDER, Colorado, July 18, 2024: Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, announces its flagship ERCOT Market Forecast and Report 5.1, the latest release from its proprietary Ascend Market Intelligence (“AscendMI™”) solution. Designed to support developers and financiers manage investment risks resulting from new market dynamics, the ERCOT Market Forecast and Report 5.1 explores how Texas will continue to experience more net load changes and demand imbalances. Exacerbated by significant load growth and scarcity conditions, ERCOT’s shifting market fundamentals are expected to result in highly volatile, but declining energy prices through the next few years, heightening both risks and opportunities for storage projects.

News

Belltown Power Initiates Sale of 850 MW Battery Energy Storage System Project Portfolio in ERCOT

June 25, 2024

BOULDER, Colorado, June 25, 2024: Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, announced on behalf of Belltown Power (“Belltown”) that the company is commencing a sales process for its North ERCOT BESS Project Portfolio. The portfolio which comprises five battery energy storage systems (BESS), totaling 850 MW of capacity, is located in the ERCOT North region of Texas. The projects are in an advanced development stage, targeting in-service dates of late 2026 or early 2027.

News

Ascend's Western Energy Imbalance 4.2 Market Forecast Uncovers Regional Opportunities for Clean Energy

June 21, 2024

BOULDER, Colorado, June 21, 2024: Ascend releases its Western Energy Imbalance (WECC-EIM) 4.2 Forecast and Report. As clean energy goals and capacity needs continue to intensify across the western states, Ascend Market Intelligence provides an in-depth overview of sub-regional and state dynamics.

News

Clean Power Alliance of Southern California (CPA) Announces a Request for Offers (RFO) for Renewable Energy and Storage Projects in CAISO

June 11, 2024

Los Angeles, California, June 11, 2024: Clean Power Alliance of Southern California (CPA), the fourth largest electricity provider and largest Community Choice Aggregator in California, announces a request for offers to meet its energy portfolio needs and California Public Utilities Commission (CPUC) Procurement Orders and Resource Adequacy requirements.

News

Ascend Analytics Releases Next-Generation Battery Valuation Solution

June 5, 2024

BOULDER, Colorado, June 6, 2024: Ascend Analytics announces its latest release of the industry-leading asset valuation platform, BatterySIMM.

News

Ascend Releases Netherlands Forecast 5.1, Expanding Energy Market Intelligence Expertise

June 5, 2024

BOULDER, Colorado, June 5, 2024: Ascend Analytics expands its market intelligence into European markets with the release of its Netherlands Market Forecast and Report. This forecast supports developers and financiers expanding into the Netherlands with an in-depth analysis of the power market and an outlook of the region’s changing grid conditions.

News

Turlock Irrigation District (TID) Announces a Request for Proposals (RFP) for Renewable Energy and Storage Projects in California

June 4, 2024

TURLOCK, California, June 4, 2024: Turlock Irrigation District (TID), a publicly owned irrigation district, announces a request for proposals to meet its California Renewable Portfolio Standards (RPS) and reliability goals.

News

Ascend’s NYISO Market Forecast Analyzes Financial Opportunities to Meet Clean Energy Demand

May 22, 2024

BOULDER, Colorado, May 22, 2024: Ascend Analytics Market Intelligence Forecasts analyze the key drivers of the energy transition and provide customers with optimal asset performance in the short and long term. NYISO Market Forecast Report 4.2 highlights that while New York has set aggressive climate policies for 2040, the ISO faces a fundamental shift in supply motivated by increasing renewables, thermal retirements, and an electrification-induced increased load.  

News

Ascend Publishes CAISO Market Forecast 5.1, Recommending How to Navigate California's Clean Energy Planning Tensions

May 16, 2024

BOULDER, Colorado, May 16, 2024: Ascend Analytics announces the release of its CAISO Market Forecast and Report 5.1.

News

Ascend Releases Great Britain Forecast, Expanding Energy Market Intelligence Offerings

May 9, 2024

BOULDER, Colorado, May 9, 2024: Ascend Analytics announces the release of its Great Britain Market Report. As Ascend applies its North American market leadership abroad, this new product supports developers and financiers expanding into Great Britain with an in-depth analysis of the power market and an outlook of the region’s changing grid conditions.

News

Ascend Releases SPP Forecast 4.2, Pointing to the Value of Flexible Energy Storage

May 6, 2024

Ascend Analytics Market Intelligence (Ascend MI) announces its 4.2 release of the Southwest Power Pool (SPP) Market Report and Price Forecast.

News

Report: CAISO Market-Fundamental Anomalies Shift to New Realities

May 3, 2024

The California Independent System Operator had an unusual year in 2023, with conditions and market fundamentals shifting as load keeps growing and state mandates for load-serving entities to procure more renewables continue to be hampered by increased costs and significant interconnection delays.

News

3CE Announces RFP for Renewable Energy and Storage Projects in CAISO

April 23, 2024

Central Coast Community Energy (3CE), a community choice aggregator (CCA) in CAISO, announces a request for proposals to meet its Renewable Portfolio Standard (RPS) and reliability goals.

News

Renewable Energy and Storage Executive Rahm Orenstein Joins Ascend Analytics to Lead the Ascend Energy Exchange™

April 17, 2024

Former Ormat Technologies executive and former CEO of Sunflower Sustainable Investments Ram (Rahm) Orenstein joins Ascend Analytics as Managing Director of its Ascend Energy Exchange™ (AEX).

News

Ascend Analytics Announces Strategic Growth Investment

March 21, 2024

Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, has secured a strategic growth investment led by  Rubicon Technology Partners  ("Rubicon"), a private equity firm which is focused exclusively on investing in and growing software companies. Rubicon is joined by climate investment firm  Galvanize Climate Solutions, which invests in companies and solutions advancing the energy transition, and  Silversmith Capital Partners, a technology focused growth equity firm.

News

Breakthrough Insurance Deal Offers Storage Developers a Revenue Floor

March 15, 2024

Energy transition software and consulting business Ascend Analytics has closed a second insurance deal that guarantees a minimum level of revenue for energy storage projects in the Electric Reliability Council of Texas (ERCOT) market.

News

USQ Risk and Ascend Analytics Close Breakthrough Energy Storage Insurance Structure to Encourage Clean Energy Investment

March 12, 2024

USQRisk, LLC (“USQ”), the international managing general agent specializing in alternative risk transfer solutions, and Ascend Analytics, LLC (“Ascend”), an industry-leading energy software and consulting firm, announce the launch of an innovative solution to provide more efficient financing for utility-scale energy storage projects.  

News

Solar PPA prices are creeping up again, but It's mostly because of conditions in a single state

February 15, 2024

Solar power purchase agreement prices rose on average 3% in the final three months of 2023 but overall PPA prices will likely remain on a long-term, downward trend, according to Ascend Analytics. Read the fully story published in Utility Dive.

News

Why the Need for Energy Storage Continues to Grow in SPP

January 3, 2024

A combination of more renewable energy resources, coal-fired power plant retirements, and continuing load growth in the Southwest Power Pool (SPP) market should offer strong opportunities for energy storage developers over the next two years and beyond.

News

Northern California CCA Selects SmartBidder™ to Optimize Bidding Operations for Daggett 3 Solar+Storage Project

December 20, 2023

A prominent Northern California CCA has selected the Ascend Analytics SmartBidder™ platform to optimize live bidding strategies for its fully operational Daggett 3 Solar+Storage Project near Daggett, California.

News

New Energy Risk and Ascend Analytics Support Leading Renewable Energy Infrastructure Fund on Merchant Battery Projects in ERCOT

December 19, 2023

New Energy Risk (“NER”) and Ascend Analytics, LLC (“Ascend”) have announced the closing of an industry-first energy storage insurance policy providing coverage for the performance of Ascend’s battery storage forecasting and bidding optimization platform.

News

Grant PUD Announces All-Source RFP to Procure 300 MW of Firm Capacity and Energy

December 12, 2023

Public Utility District No. 2 of Grant County, Washington (Grant PUD) announces an All-Source Request for Proposals (RFP) to supply up to 300 MW of firm capacity and energy. This solicitation is intended to help Grant PUD prepare for future challenges including customer load growth, clean energy goals, resource adequacy, and future participation in the Western Resource Adequacy Program (WRAP).  

News

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

December 5, 2023

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.

News

How Changing Market Dynamics are Impacting Energy Storage M&A

November 28, 2023

The vast number of energy storage projects now citing in grid operators’ interconnection queues across North America is radically changing the balance of supply and demand, as well as valuations for M &A transactions in the sector.

News

American Public Power Association Cites Ascend Analytics' PowerSIMM™ as Driving Factor for LBWL IRP Project Success

November 27, 2023

A recent case study from the American Public Power Association cited Ascend Analytics' PowerSIMM™ energy analytics platform as a primary driver of success for the Lansing Board of Water and Light's (LBWL) 2023 integrated resource plan (IRP).

A recent case study from the American Public Power Association cited Ascend Analytics' PowerSIMM™ energy analytics platform as a primary driver of success for the Lansing Board of Water and Light's (LBWL) 2023 integrated resource plan (IRP).

News

Quality Renewable and Storage Projects Realize a Market Premium

November 10, 2023

November 10, 2023

Mature projects with quality siting are realizing a market premium, despite an oversubscribed interconnection queue, according to Ascend Analytics and reported by Utility Dive.

Mature projects with quality siting are realizing a market premium, despite an oversubscribed interconnection queue, according to Ascend Analytics and reported by Utility Dive.

News

Ascend Analytics Performs ISO Bidding For Hybrid CAISO Project

October 24, 2023

One of the largest Independent Power Producers (IPP)/Developers in the United States deploys Ascend Analytics SmartBidder for its commercial operation of its hybrid storage project on the CAISO grid.

News

Ascend Analytics' SmartBidder™ Supports Bidding for PJM ISO Scott Solar + Storage Project

October 24, 2023

Ascend Analytics’ SmartBidder™ platform deployed in PJM for the Scott Solar Project which is owned and operated by Dominion Energy Virginia and the first hybrid project in the PJM ISO.

News

Why California is facing a Clean Energy Conundrum

October 16, 2023

A chronic logjam in California Independent System Operator (CAISO) interconnection queue and continuing supply chain problems will create a challenge for California to meet a lot of its medium-term targets for clean energy deployment - and will also distort the state's power market operations in the meantime - according to the latest assessment from specialist advisory firm Ascend Analytics.

A chronic logjam in California Independent System Operator(CAISO) interconnection queue and continuing supply chain problems will create a challenge for California to meet a lot of its medium-term targets for clean energy deployment - and will also distort the state's power market operations in the meantime - according to the latest assessment from specialist advisory firm Ascend Analytics.

News

Hedge Contracts Emerge as Alternative Off Take Structure for Solar and Storage Schemes

August 11, 2023

A growing number of solar-plus-storage developers are exploring hedge contracts as alternatives to power purchase agreements for their projects, as it becomes evident that such over-the-counter trades can provide significantly better early-year returns than traditional longer term off take arrangements.

A growing number of solar-plus-storage developers are exploring hedge contracts as alternatives to power purchase agreements for their projects, as it becomes evident that such over-the-counter trades can provide significantly better early-year returns than traditional longer term off take arrangements.

News

State Clean Energy Policies Underpin ISO-NE Energy Storage Market

June 26, 2023

The six states in New England constitute attractive opportunities to develop clean energy and energy storage facilities in the long term, despite the certainty that such projects will not be economic undertakings without substantial subsidies until at least 2028 or 2029.

The six states in New England constitute attractive opportunities to develop clean energy and energy storage facilities in the long term, despite the certainty that such projects will not be economic undertakings without substantial subsidies until at least 2028 or 2029.

News

Utility Dive features Ascend's Dr Brent Nelson's outlook on the ERCOT market

January 23, 2023

January 23, 2023

View differing viewpoints as Texas utility regulators prepare to vote on whether to recommend the state adopt a controversial Performance Credit Mechanism designed to ensure grid reliability during periods of low non-dispatchable power.

View differing viewpoints as Texas utility regulators prepare to vote on whether to recommend the state adopt a controversial Performance Credit Mechanism designed to ensure grid reliability during periods of low non-dispatchable power.

News

Energy Storage News features Ascend's market-based solutions for the challenges ERCOT's grid could experience

January 17, 2023

January 17, 2023

In this article, shorter duration energy storage systems are highlighted as a way to resolve and enable ERCOT to match supply with growing demand for electricity, presenting an economic opportunity for energy storage.

In this article, shorter duration energy storage systems are highlighted as a way to resolve and enable ERCOT to match supply with growing demand for electricity, presenting an economic opportunity for energy storage.

News

Voltility highlights Ascend's CAISO market forecast and a near-term decline in price volatility

April 26, 2022

Ascend's CAISO Forecast 3.2 webinar discusses a forecast of rising near-term prices and diminished price volatility as a consequence of CAISO operating practices despite rapidly increasing renewable generation.

News

Ascend discusses approaches to improve the "bankability" of storage deployments in the US

April 1, 2022

Ascend’s EnSurance team has developed several mechanisms to guarantee revenues for merchant storage projects. With additional EnSurance products in the works, Ascend expects to secure such arrangements for three GW of storage by the end of 2022.

Ascend's EnSurance team has developed several mechanisms to guarantee revenues for merchant storage projects. With additional EnSurance products in the works, Ascend expects to secure such arrangements for three GW of storage by the end of 2022.

News

Ascend experts describe supply chain costs and storage project delays in California.

March 28, 2022

Results of recent request for offers (RFOs) in California show small increases in prices, however, larger increases are forecasted to follow, growing the gap between the demand for & ability to deliver renewable and storage projects in California. The primary driver of increasing prices is supply chain bottlenecks, including the exploding global demand for key minerals.

News

S&P Global quotes Ascend regarding costs and future of storage technologies

March 22, 2022

Millar suggests battery technologies using low-cost materials such as iron, zinc & sodium could soon win off-taker RFOs. Meanwhile, expect PPA prices or renewables and storage to soar in California.

Millar suggests battery technologies using low-cost materials such as iron, zinc & sodium could soon win off-taker RFOs. Meanwhile, expect PPA prices or renewables and storage to soar in California.

News

Sonoma Clean Power Chooses Ascend Analytics’ PowerSIMM Software to Support Planning and Risk Management

August 18, 2021

Ascend Analytics is thrilled to have Sonoma Clean Power (SCP) join its community of PowerSIMM users, starting in August 2021. SCP is a California Community Choice Aggregator (CCA) serving the residents and businesses in Sonoma and Mendocino counties in California with renewable energy.

News

Clean Power Alliance 2020 RFO

May 23, 2021

Ascend Analytics led the 2020 Clean Energy Request for Offer (RFO) on behalf of Clean Power Alliance (CPA), the largest Community Choice Aggregator (CCA) in California.

News

Ascend study assesses the benefits of an expedited transition to renewables for NPPD

March 29, 2021

A pair of reports by independent consultants both conclude that the Nebraska Public Power District could eliminate most of its carbon emissions without having to spend significantly more than it would otherwise for power.

News

Ascend's 100% Clean Energy Study for Glendale Water and Power (GWP)

March 27, 2021

On March 27, 2021, Dr. Gary Dorris presented Ascend's 100% Clean Energy Study for Glendale Water and Power (GWP) to the Glendale City Council.

News

Power Plays podcast by CoBank taps Ascend to lead-off their new podcast series

March 4, 2021

In the new Power Plays podcast "The Next Big Thing: Grid-Tied Batteries", hosted by CoBank's Teri Viswanath, Dr. Gary Dorris examines the four "S" factors critical to battery profitability: siting, sizing, stacking, and (bid) strategy.

News

Ascend Chosen by Three California CCAs to Support 2020 Clean Energy RFOs

October 15, 2020

Ascend is pleased to announce new contracts with three California Community Choice Aggregators (CCAs) for support and valuation of their 2020 Clean Energy RFOs, including Clean Power Alliance (CPA), Peninsula Clean Energy (PCE) and San Jose Clean Energy (SJCE).

Ascend Analytics is pleased to announce new contracts with three California Community Choice Aggregators(CCAs) for support and valuation of their 2020 Clean Energy RFOs. Ascend will be offering energy resource procurement administration and valuation services to Clean Power Alliance (CPA) as well as Peninsula Clean Energy (PCE) in partnership with San Jose Clean Energy (SJCE). CPA decided to work with Ascend again following our successful administration of their 2019 Clean Energy and Reliability RFOs.

News

ERCOT's Market Dynamics Expected to Transform as Renewables Become New Baseload

July 18, 2024

BOULDER, Colorado, July 18, 2024: Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, announces its flagship ERCOT Market Forecast and Report 5.1, the latest release from its proprietary Ascend Market Intelligence (“AscendMI™”) solution. Designed to support developers and financiers manage investment risks resulting from new market dynamics, the ERCOT Market Forecast and Report 5.1 explores how Texas will continue to experience more net load changes and demand imbalances. Exacerbated by significant load growth and scarcity conditions, ERCOT’s shifting market fundamentals are expected to result in highly volatile, but declining energy prices through the next few years, heightening both risks and opportunities for storage projects.

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