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

BOULDER, Colorado, October 23, 2023: The Ascend Analytics’ SmartBidder™ platform was recently deployed to support the Scott solar + storage project, which is owned and operated by Dominion Energy Virginia and the first hybrid project in Virginia in the PJM ISO.

Leveraging SmartBidder™, Dominion formulates its own bidding strategies across day-ahead and real-time markets to maximize revenue within well-defined risk tolerances and operational needs for the grid. SmartBidder continuously updates bids and automates submissions to maximize the value of storage in the market and manage state of charge.

SmartBidder is currently modelling over 6 GW of both simulated and commercially operational projects. 

“This project provides a great opportunity to realize the full value of combined solar+storage for Dominion customers by applying SmartBidder’s advanced machine learning bidding algorithm’s ,” stated Gary Dorris, CEO and President of Ascend Analytics. “We look forward to continuing our partnership with Dominion Energy and supporting their upcoming standalone battery storage project that is slated to go online later this year.”    

‍About Ascend Analytics

Ascend Analytics, an innovative leader at the forefront of the energy transition, offers advanced software and consulting services that capture the evolving and real-time dynamics of energy markets. Unlike any other solution providers in the renewable energy industry, Ascend Analytics provides its customers with optimized and comprehensive decision analysis that covers everything from long-term planning to real-time operations in the electric power supply industry. 

Leveraging its proprietary software and more than 20 years of expertise mapping physical conditions with financial outcomes, the company provides critical insights to steward capital investments and manage operations, making it an invaluable and key partner to utilities, developers, financiers, and corporate off-takers in managing the complexities of energy portfolios and markets. The company's unique ecosystem - which includes planning, valuation, risk management, and ISO operations – is trusted by more than 150 leading-edge businesses and is the platform-of-choice that fuels more than $6 billion in independent economic assessments. Visit www.AscendAnalytics.com for more information.