Power markets are inherently stochastic and dynamic and static bidding strategies limit revenue capture for energy storage operators. Price uncertainty, expanding product optionality, and tighter operational constraints require more adaptive, data-driven bidding approaches to bidding strategy refinement.

Ascend will demo SmartBidder’s new strategy configuration dashboard, showing how users can fine tune bidding parameters across base and opportunistic offers, with practical examples of real-world bidding impacts.

Learning objectives include:

• Navigating the new SmartBidder strategy configuration dashboard
• Modifying bidding parameters within existing strategies
• Leveraging probabilistic price forecasts to control bid and offer aggressiveness
• Differentiating between base and opportunistic offer set behavior
• Utilizing SOC constraints to maximize revenue capture during volatile events

Ascend Analytics is the leading provider of market intelligence and analytics solutions for the power industry.

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.