BOULDER, Colorado, May 16, 2024: Ascend Analytics announces the release of its CAISO Market Forecast and Report 5.1. This new report offers developers, utilities, and financiers an in-depth analysis of challenges, opportunities, and financial outlook in CAISO as California moves through its energy transition.
Recent mild market conditions mask larger challenges ahead. CAISO faces a fundamental shift in supply, and as the state continues to ramp up its renewable deployment ambitions, thermal generation faces political, economic, and social pressure to retire. New resources also struggle to come online to meet ever-tightening clean energy policy mandates. On the demand side, increasingly volatile weather and rising rates of electrification drive up future load expectations. With a net-zero mandate by 2045, these dynamics point to more volatile future market conditions that show no sign of slowing down.
Ascend’s CAISO Market Forecast 5.1 [link to product page when live] provides industry-leading market intelligence and forecasting confidence for decision making in California.
Topics Include:
Why CAISO’s planning tensions will influence developer timelines, amid expectations for significant load growth, increased electrification, extreme weather, clogged interconnection queues, and social pressure against nuclear development.
About Ascend Analytics
AscendMI™ (Ascend Market Intelligence) delivers proprietary power market forecasts that have been trusted in hundreds of projects and resource planning activities, supporting over $25 billion in project financing assessments. Contact us to learn more.
For more information about the CAISO market dynamics, watch Ascend CAISO’s 5.1 Webinar, The Calm Before the Storm, here.
Ascend Store | CAISO 5.1 Webinar Teaser | The Calm Before the Storm (ascendanalytics.com)
Media Contact
BOULDER, Colorado, May 16, 2024: Ascend Analytics announces the release of its CAISO Market Forecast and Report 5.1. This new report offers developers, utilities, and financiers an in-depth analysis of challenges, opportunities, and financial outlook in CAISO as California moves through its energy transition.
Recent mild market conditions mask larger challenges ahead. CAISO faces a fundamental shift in supply, and as the state continues to ramp up its renewable deployment ambitions, thermal generation faces political, economic, and social pressure to retire. New resources also struggle to come online to meet ever-tightening clean energy policy mandates. On the demand side, increasingly volatile weather and rising rates of electrification drive up future load expectations. With a net-zero mandate by 2045, these dynamics point to more volatile future market conditions that show no sign of slowing down.
Ascend’s CAISO Market Forecast 5.1 [link to product page when live] provides industry-leading market intelligence and forecasting confidence for decision making in California.
Topics Include:
Why CAISO’s planning tensions will influence developer timelines, amid expectations for significant load growth, increased electrification, extreme weather, clogged interconnection queues, and social pressure against nuclear development.
About Ascend Analytics
AscendMI™ (Ascend Market Intelligence) delivers proprietary power market forecasts that have been trusted in hundreds of projects and resource planning activities, supporting over $25 billion in project financing assessments. Contact us to learn more.
For more information about the CAISO market dynamics, watch Ascend CAISO’s 5.1 Webinar, The Calm Before the Storm, here.
Ascend Store | CAISO 5.1 Webinar Teaser | The Calm Before the Storm (ascendanalytics.com)
Media Contact
Ascend Analytics is the leading provider of market intelligence and analytics solutions for the energy transition. The company’s offerings enable decision makers in power development and supply procurement to maximize the value of planning, operating, and managing risk for renewable, storage, and other assets. From real-time to 30-year horizons, their forecasts and insights are at the foundation of over $50 billion in project financing assessments. Ascend provides energy market stakeholders with the clarity and confidence to successfully navigate the rapidly shifting energy landscape.