A new era for long-term energy planning The energy transition has changed what it means to plan for the future. Utilities and IPPs now need energy risk management software capable
Battery Energy Storage Systems (BESS) are playing a critical role in today’s grid, offering unmatched flexibility in balancing supply and demand. But turning that flexibility into profit — without degrading
Forecasting the grid has never been harder—or more essential. As renewables increase and markets grow more dynamic, power providers are under pressure to make faster, better-informed decisions about load, generation,
The energy landscape is transforming at an unprecedented pace: anticipated growth in electricity demand, expansion of all types of energy sources, including variable energy resources and energy storage technologies, and
Energy arbitrage plays a crucial role in energy markets, particularly in balancing supply and demand and supporting grid stability. For utilities, using battery storage to perform energy arbitrage is becoming
In the dynamic and complex landscape of energy markets, particularly within the California Independent System Operator (CAISO), managing energy storage presents unique challenges and opportunities. As these markets evolve and
The expansion of utility-scale battery storage in the U.S. is making headlines. Since 2021, battery storage U.S. capacity has seen a steady increase in its battery storage capacity, and if
With miles of coastline and year-round warmth, Florida is unlike any other state when it comes to electricity. Robust demand stems from booming population centers and an economy expanding beyond
In the ever-evolving landscape of the energy transition, effective utility risk management stands as a linchpin for utilities navigating the complexities of a shifting resource mix. This blog post delves
Load forecasting, or more generally energy forecasting, is a core function for utilities, ISOs, and RTOs responsible for ensuring sufficient generation capacity is available to serve load. Energy forecasting can
Facing both rising costs for fossil fuels and the need to reduce greenhouse gas emissions to mitigate climate change, the electric utility industry is transforming itself by integrating more sustainable
As renewable energy sources like solar and wind power become increasingly prevalent in power generation, net load forecasting becomes more challenging. Net load forecasting refers to predicting the electricity demand
Post-analysis is a crucial component of portfolio optimization, specifically within PCI’s energy trading and optimization sector. Post-analysis has four modules: transaction costing, outage costing, operational efficiency, and custom analysis, which
The widespread adoption of renewable energy resources into the worldwide electric power grid has drastically increased the complexity and risks involved in the daily operations of market participants. In previous
For decades, Integrated Resource Planning (IRP) has been a foundational cornerstone of the utility outlook for the future.