Gridmatic Report Details Performance Disparities Among California Battery Storage Systems A new report released by power optimization firm Gridmatic in June 2026 highlights a significant disparity in the financial performance of utility-scale battery energy storage systems (BESS) within California. The CAISO Storage Report, covering 2024 and 2025, analyzed publicly available market data, regulatory filings, and

Princeton, New Jersey – July 16, 2026 – Rodan Energy Solutions has significantly expanded its presence within PJM Interconnection, the largest electricity market in North America, which encompasses thirteen states and the District of Columbia. Recent PJM auction results have established committed power prices at a maximum of $118,625 per megawatt annually, leading to increased

Princeton, N.J., July 16, 2026 – Rising electricity prices are significantly impacting large power consumers, prompting businesses to prioritize proactive demand management as a means of cost reduction and revenue generation. Rodan Energy Solutions announced today that it has established a substantial presence in the PJM electricity market, North America’s largest, which spans thirteen states

California's booming artificial intelligence sector is sparking a unique challenge as its growth fuels increased energy demands, yet offers a potential solution to manage them. A pilot program led by the California Independent System Operator (CAISO) is leveraging AI to optimize the power grid and address strains on it, utilizing advanced forecasting tools that analyze vast datasets to predict energy needs more accurately, improving grid operation and stability in the process.

The Federal Energy Regulatory Commission approved a proposal from the Southwest Power Pool on August 19, 2026, to utilize topology optimization for reducing grid congestion and associated expenses. This action has the potential to lessen instances of curtailed wind generation. Topology optimization involves changing power flows as an alternative to traditional methods like redispatching power

Edgecom Energy announced that its NeuraCharge™ platform has successfully completed an independent technology review by DNV, a global assurance and risk management organization, with no issues identified. This validation supports the company’s plans to expand operations into U.S. markets. The assessment was conducted as a Red Flag Review, a form of third-party technology validation frequently

**Battery Storage Systems Missed Millions in Potential Revenue Due to Bidding Strategies** A recent analysis indicates that battery energy storage systems operating within California’s grid missed out on approximately US$98 million in potential revenue due to suboptimal bidding strategies. The findings, released June 24 by Gridmatic, a company specializing in grid forecasting and battery optimization,

Rodan Energy Solutions announced it has secured a significant position within PJM, North America's largest electricity market, which serves thirteen states and the District of Columbia. The latest annual auction held by PJM resulted in record capacity prices reaching $118,625 per megawatt annually. This increase will impact energy bills for large power consumers. The current

Habitat Energy Expands Operations to PJM Interconnection Austin, Texas – Habitat Energy announced Wednesday its entry into the PJM Interconnection, the largest wholesale electricity market in the United States. This marks a significant expansion for the company, building upon its established presence within the Electric Reliability Council of Texas (ERCOT). Currently, Habitat Energy manages more

Understanding the U.S. Power Market Electricity often appears simple to consumers – a switch activates a light. However, rising prices are not always due to a single power plant’s rate increases, nor does electricity necessarily travel directly from a nearby generator. A researcher and former quantitative analyst in electricity markets, Neel Somani, founder of Eclipse,

SmartestEnergy US has partnered with GridBeyond to optimize three battery energy storage systems within the Electric Reliability Council of Texas market, combining their capacities to 29.7 MW. The collaboration will utilize GridBeyond's AI-powered Bid Optimizer to maximize revenue for the battery systems through day-ahead and real-time optimization, capitalizing on the dynamic nature of the ERCOT electricity market in a bid to increase potential revenue improvements by up to 50% during periods of market volatility.

GridBeyond Partners with Gore Street Energy Storage Fund for 200-MW Big Rock Energy Storage System in Southern California GridBeyond has signed a contract with Gore Street Energy Storage Fund to provide scheduling coordinator, trading, and energy optimization services for the 200-MW Big Rock energy storage system in Southern California. GridBeyond will utilize its AI-based Bid Optimizer to maximize returns in the California Independent System Operator (CAISO) market. The Bid Optimizer aligns market price forecasts with simulations of battery storage, renewable, and thermal assets to simplify decision-making while ensuring optimal bids that go beyond conventional trading strategies. According to Sean McEvoy, GridBeyond's president of North America, this solution is key to achieving maximum returns in the CAISO market. CAISO is becoming increasingly reliant on solar power, meaning that energy storage systems are crucial for mitigating the intermittency of renewable power generation. Effective management of Gore Street Capital's 200-MW energy storage battery will be critical in storing excess solar energy during peak generation and releasing it during high-demand periods. This approach reduces reliance on fossil fuels and supports grid stability while generating revenues. GridBeyond's CAISO optimization and proprietary must-offer strategy are part of fulfilling the Big Rock Resource Adequacy contract acquired by a Goldman Sachs subsidiary in October 2024. This partnership demonstrates GridBeyond's commitment to advancing energy storage optimization solutions. Gore Street Capital is committed to achieving the best returns for all its assets under management, making the selection of GridBeyond as a partner highly pleasing. "We are very pleased to have selected GridBeyond to partner with as Big Rock goes into operation and we move forward with the project," said Alex O'Cinneide, CEO of Gore Street Capital. GridBeyond is excited about this partnership, highlighting its commitment to advancing energy storage optimization solutions. This deal showcases the accuracy of GridBeyond's AI-based solutions in delivering greater value for customers, ensuring grid stability, and supporting decarbonization goals. Furthermore, GridBeyond plans to explore the use of public hourly emissions application programming interface (API) data to track and calculate the carbon impact of its bidding strategies. This will enhance the transparency of its optimization services and contribute to measurable environmental benefits.

/PRNewswire/ -- Intellastar, a leader in real-time energy intelligence and distributed grid optimization, today announced a strategic collaboration with Loudon...