Utilities, retailers, and Community Choice Aggregators turn to Ascend Analytics to implement efficient RFO/RFP processes that support intelligent and defendable risk-based decisions on behalf of their customers. Ascend provides end-to-end support for the energy procurement process, including a detailed focus on ensuring the process captures the value of renewables and storage under the system dynamics of today and the future.
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Signing PPA contracts can be a risky engagement, locking in purchase obligations for extended time periods. While perfect foresight remains impossible, Ascend's valuation approach assesses and mitigates the primary risks:
Ascend's forecasting approach accounts for the evolving market dynamics associated with increasing renewable generation while remaining firmly grounded in long-run economic equilibrium theory. This approach prevents “over-anchoring” to historical price behavior while also not overweighing the present or near-term future.
Ascend's models simulate nodal prices and their correlations with weather and renewable output, thus accounting for price depression at geographic locations with high renewable penetrations. This approach avoids overvaluing resources at saturated locations.
Ascend's stochastic modeling accounts for the variation in renewable generation at sub-hourly, hourly, daily, seasonal, and annual time-steps, thus providing a valuation under a realistic range of conditions rather than relying on approximations based on “average” conditions. This approach allows for quantifying potential variation in revenues, market exposure, loss of load events, carbon emissions, and other important factors affected by the variable output from renewables.
"Ready to Roll" analytics and preconfigured models for any region or node
Critical insights for portfolio management in a high renewables future
Our expertise includes planning, valuation, risk management & ISO operations
