The Ascend Energy Exchange (AEXTM), a marketplace for renewable and storage projects, streamlines the process of clean energy procurement and project sales by creating a highly competitive process through the Ascend ecosystem of energy consumers and asset owners. AEX serves two distinct capabilities:
This full-service platform, backed by Ascend's industry-leading nodal and sub-hourly economic valuations, combines expertise and an extensive energy community network to create a highly streamlined and competitive process that significantly reduces transaction costs.
Ascend Analytics has helped procure over 10 million megawatt-hours per year of renewable energy and 12,000 MWh of battery storage capacity for its customers.
Designed for Corporate Renewable Energy buyers, Utilities, and Community Choice Aggregators (CCAs), our clean energy procurement services provide a more competitive process (with 3 to 5 times the bidders as buyer run processes). Ascend realizes additional participation based on our brand and extensive relationships with the power developers. For the buyer, we provide comprehensive economic valuation and carbon free energy (CFE) analysis of bid projects through a highly automated RFO process to rapid bid processing and selection of a short-list.
The result is a least cost supply portfolio with minimized risk and forward-looking value of energy and CFE on an annual and 24x7 basis.
Ascend provides end-to-end support throughout the energy resource procurement process, including:
Today, proper Power Purchase Agreement (PPA) valuation requires looking into the future, where REC prices are evolving toward an hourly attribute, diminishing the present value of solar and increasing the present value wind and storage.
Ascend Analytics' forward-looking modeling captures the hourly and sub-hourly clean energy values that are becoming the new CFE standard. The analysis incorporates an array of factors including resource performance versus hourly load obligation, basis (locational price difference) between resources and load, variability in production from resources, and forward and spot price uncertainty.
Ascend Analytics' clean energy procurement services provide the advanced tools necessary to capture the true value of renewable energy and storage resources specific to the offtaker's portfolio. With AEX, renewable energy procurement buyers leverage energy market intelligence and a data-driven bid process to reduce transaction friction and more accurately tap into the true value of assets.
The AEX marketplace offers the most competitive asset sale process for project developers and owner-operators. As a streamlined asset sale process, AEX engages on average 5 times the number of bidders as compared to other processes, because of the platform's trusted valuations and neutrality that serves buyers and sellers.
Ascend Analytics' streamlined program includes:
AEX reduces transaction friction and costs by vetting assets, fostering trust in the data presented to buyers. As a result, AEX repeatably attracts a large community of qualified buyers to participate in each sale process, which typically spans just two months—outpacing traditional methods by a significant margin.
As the industry leader, Ascend Analytics has conducted hundreds of project valuations that feature:
Ascend Analytics' expertise is built on a foundation of hundreds of renewable and storage project transactions. With AEX, users gain access to:
"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
The AEX marketplace facilitates successful and mutually beneficial transactions between sellers and prospective buyers - providing renewable energy procurement transactions at a fraction of the cost of a conventional sale process and enabling buyers and sellers to seamlessly transact with costly overhead. Redefine the way you engage in clean energy transactions and drive progress toward a sustainable and prosperous future.
Learn more about the Ascend Energy Exchange - contact us today!