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PHILADELPHIA, May 24, 2022 (GLOBE NEWSWIRE) — Customized Energy Solutions (CES) has partnered with renewable energy developer Kearsarge Energy L. P. to optimize the functionality and profit generation of its 4. 4 MW solar plant and 10 MWh garage in Bellingham, Massachusetts, CES Auction Optimization and Planing Platform, GridBOOST.
The platform is expected to increase site profits by 20% to 50% by optimizing its functionality in iso-NE’s frequency and capacity regulation markets, while also leveraging the Solar Massachusetts Renewable Targets (SMART) and Massachusetts Clean Peak Energy incentive programs.
“Working with CES has allowed us to maximize the profit streams of our garage assets and expand our leading position in the market for energy and sun garages located in a competitive market,” said Andrew Bernstein, managing partner of Kearsarge Energy. and a responsive partner, and we look to the future to expand our relationship. “
Unlike ramp-based construction profiles that have historically been used to query garage allocation and load, GridBOOST integrates resource knowledge to make holistic, knowledge-based bidding plans and decisions. GridBOOST’s set of regulations takes into account the technological limitations and operational functionality of generation and garage assets, as well as external factors, adding regulations and market share limitations, real-time and real-time price forecasts, weather forecasts, and incentive programs to obtain profit structures to maximize the potential revenue stream of the active production and garage market.
“The ability to optimize asset functionality and strategically plan and deliver energy and regulation will become increasingly valuable as more garage assets are connected, leading to a refresh festival in the market and a decrease in frequency regulation costs,” says Erik Paulson. vice president of the wholesale market. facilities at CES. ” GridBOOST provides Kearsarge with a dynamic and agile strategy for planning and delivering the garage resource in the ISO-NE markets, generating a rapid accumulation of profits and preparing them for continued good fortune in the future. “
GridBOOST is newly available in CAISO and ISO-NE, with plans to expand to new markets such as ERCOT, PJM and NYISO in the near future.
About Custom Power Solutions (CES) Founded in 1998, Custom Power Solutions provide strength consulting, generation control matrix, and software responses that help our consumers navigate the wholesale and retail electric power markets in the U. S. Office operational support, aimed at asset optimization and power of the force market share for power generation and retail consumers. CES is a third-party asset manager of more than 13,000 MW of renewable and traditional generation resources across ISO in the United States, Ontario, Canada and Guam. CES enables its clients to achieve their goals by helping them navigate ever-evolving force markets, complex market regulations and new strength technologies. For more information, visit CES-LTD. com or connect with CES on LinkedIn, Twitter, and Facebook.
About Kearsarge EnergyKearsarge Energy is a full-service renewable energy allocation portfolio, financing and development company, whose allocation is to build a more sustainable world and provide incredible returns to all allocation stakeholders, adding the communities in which we work. Founded in 2009, Kearsarge has evolved and funded more than 170 MW and $450 million in solar PV garage allocations and is expanding into select markets in the United States. For more information, visit kearsargepower. com.
Media ContactsAnila VangjeliMarketing Manager, Energy Solutions personnaliséesavangjeli@ces-ltd. com267-507-2134
Jessica LoizeauxGregory FCA for Energy Solutions personnaliséesjessical@gregoryfca. com856-803-7739
Patricia FennesseyKearsarge Energypfennessey@kearsargeenergy. com(781) 258-8439