Regional Battery Optimization: Lessons from CAISO and ERCOT

Synopsis

Battery optimization requires adaptation to a unique and complex set of factors including location, market conditions, and operational strategy. However, with renewables growth and extreme weather driving volatility, the opportunities for energy storage continue to grow. CAISO and ERCOT, the territories with the greatest and fastest-growing energy storage deployments in the US, pose a unique opportunity for a comparative analysis of energy market design, revenue opportunities, and other considerations for battery optimization. This session will consider what makes each market unique, the successes and challenges for batteries in California and Texas, and what each market has to learn from the other. The presentation will include data and analytics from Gridmatic, which operates battery storage in both territories.