GridBeyond Partners with SmartestEnergy US to Optimize Energy Storage Systems in ERCOT Market 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 SmartestEnergy US to Optimize Energy Storage Systems in ERCOT Market #ERCOT #EnergyStorage #ElectricReliabilityCouncil #GridOptimization #RenewableEnergy #ErcotMarket

CPV Basin Ranch Energy Center Construction Begins in Texas Competitive Power Ventures (CPV) has officially begun construction on the Basin Ranch Energy Center, a 1,350-megawatt natural gas power plant in Texas that is expected to generate over $400 million in local tax revenue throughout its lifespan. The project, valued at approximately $2 billion, will provide essential dispatchable power generation to the Electric Reliability Council of Texas (ERCOT) and is part of CPV's broader development pipeline of over 10 GW of dispatchable and renewable generation, with a projected operational date of 2029.

CPV Basin Ranch Energy Center Construction Begins in Texas #ERCOT #TexasEnergy #CPVBasinRanch #RenewableEnergy #ElectricReliabilityCouncil #EmissionsReduction