Registration is now OPEN for the Ascend Summit 2024: Powering the Energy Transition! Sept 30 – Oct 2 in Boulder, Colorado; Register today 👉 https://bit.ly/3ytCGVs The Ascend Summit brings together prominent electric power experts to offer insights on wholesale electricity markets, clean energy procurement, power project finance, resource planning, renewables and storage valuation, and merchant portfolio management. #energytransition #energyanalytics #AscendSummit #energystorage
Ascend Analytics
Software Development
Boulder, CO 7,788 followers
Analytics to Power the Energy Transition
About us
Ascend Analytics is an innovative software and consulting company at the forefront of the renewable energy transition. Founded in 2002, we are rapidly growing and have organically grown to a staff of 150+. Our solutions are used by well over 250 energy companies engaged in transforming power supply in North America and Europe. Ascend is owned and managed by a seasoned team with decades of software and energy expertise. We work to advance our industry-leading decision software platform to provide the actionable intelligence necessary to realize the energy transition. Our products and services are designed to drive widespread adoption of clean energy and forge synergies between economic growth and environmental responsibility.
- Website
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https://bit.ly/3xLGWiI
External link for Ascend Analytics
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Boulder, CO
- Type
- Privately Held
- Founded
- 2003
- Specialties
- energy risk analysis, risk analysis software, energy analytics, and energy risk consulting
Locations
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Primary
1877 Broadway
Suite 706
Boulder, CO 80302, US
Employees at Ascend Analytics
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Andy Kruse
Senior Manager @ Ascend Analytics | Business Development SmartBidder Software for W/S energy markets
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Leela Gill
CMO | B2B SaaS | Revenue Ops | GTM Strategy | Renewable Energy
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William Hargett
Vice President Of Business Development at Ascend Analytics
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Scott Michalik
Engineering Leader | Director of Architecture
Updates
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New Ascend Publication Available: 👉 Unlocking REC and Carbon Value for Storage & Renewable with Locational Marginal Emissions (LME) https://bit.ly/46ilBKX The emission reduction value of storage has been locked behind a glass cage: everyone can see the potential for storage to reduce the grid’s carbon intensity, but until now, the incentives and analytics needed to properly value its potential have been lacking. Locational margin emissions data adds an entirely new dimension to siting storage. Read more about how Ascend Market Intelligence is adding the ability to include both price and emissions volatility in siting analyses by downloading the publication. ☝ #energymarkets #energyanalytics #energytransition
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Join Ascend Analytics’ Webinar: Unlocking REC and Carbon Value for Storage & Renewables with Locational Marginal Emissions (LME) on August 22nd! Register today 👉 https://lnkd.in/gwEwYXgK Topics Covered Include: 💡RECs and the future of carbon accounting and the implications on valuation 💡Locational marginal emissions versus 24/7 matching 💡Considerations for cost-effective decarbonization without future regret 💡Clean power procurement administration challenges and best practices #energytransition #renewableenergy #energystorage
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Ascend Analytics reposted this
Ascend’s ERCOT Market Forecast 5.1 Webinar: I Can't Believe it's not a Capacity Market 👉 Join us online for the latest forecast on ERCOT July 18th https://bit.ly/4b8WvyV ERCOT is experiencing quickly rising demand, but ERCOT’s electrical isolation from the rest of the country makes it more susceptible to volatility and scarcity conditions that result from a delicate supply and demand balance. While identifying as an energy-only market, ERCOT has implemented a variety of capacity revenue mechanisms to incentivize new generators, with critical conditions and revenues shifting toward longer duration resources. This webinar will discuss Ascend's view of ERCOT's evolving market fundamentals and the implications on prices for energy, ancillaries, and the 'not a capacity market.'
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Ascend Analytics reposted this
Did you know CAISO experienced its largest volatility year-to-date last week on the 10th and 11th? Heat induced day-ahead prices spiked to $400/MWh and $500/MWh during the 7:00 to 8:00 pm period. Notably, the fifteen-minute price spiked above the day-ahead price on the 10th while the day-ahead price remained higher on the 11th. Operators were still better off discharging in the day-ahead market because the day-ahead price peaks were more sustained compared to the real-time price spikes. The upward ancillary services prices all mirrored the price of day-ahead energy the 10th-12th. This meant reg-up was an excellent choice for peak pricing product participation because operators were essentially paid the day-ahead electricity price for reserving reg-up capacity while retaining exposure to real-time prices and spikes via throughput calls. Interested in learning more about how Ascend can help you with your Bid Optimization, go to Ascend’s website at https://bit.ly/4aKfRu0 and click “Talk to an Expert” to book a meeting.
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Register today for the Ascend Summit 2024: Powering the Energy Transition! Join Ascend Sept. 30th to Oct. 2nd, 2024, in Boulder, Colorado. Register today 👉 https://bit.ly/4djV8Px Summit Session Highlights: - Powering the Energy Transition Toward Carbon Goals with Allison Clements (FERC), Brent Morgan (Meta), Michael Enger (Austin Energy), and Robert Shaw (Central Coast Community Energy) - Power Procurement: Conditions & Directions for Power Purchases and Clean Energy with Becca Glazer (Walmart), Kelly James (Salesforce), Jared Ellsworth (Idaho Power), and John Mertlich (Grant PUD)
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Ascend Analytics reposted this
Last week in CAISO, higher than actual day-ahead net load pushed day-ahead prices higher than real-time prices, with spreads up to $100/MWh, on every day except the 7th. Virtual trading (also called DART trading or convergence bidding), which involves selling energy at the day-ahead price and buying it back at the real-time price, was a great way to capitalize on this dynamic without depleting SOC, although it does expose operators to downside risk in the form of a real-time price spike. What can operators learn from CAISO’s events last week? - Be wary of real-time price spikes when the net load forecast is high as this increases expected volatility in the real-time market and can spoil a short trade. - One alternative strategy is to buy real-time energy at low midday prices and sell in the day-ahead market during evening hours. Operators can then capture the spread between low midday energy prices in the real-time market and high evening prices in the day-ahead market with their only exposure to a real-time price spike being opportunity cost. Interested in learning more about how Ascend can help you with your Bid Optimization, go to Ascend’s website at https://bit.ly/4aKfRu0 and click “Talk to an Expert” to book a meeting.
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Ascend WECC Webinar: Stuck in the Middle with You - A Tale of 2 Competing Markets Join us online for the latest WECC forecast on August 1st 👉 https://lnkd.in/dDX3EcQE Surplus solar in the South West has turned the WECC upside down to create a new North and South divide, where the South has become the low-cost center of power and the North has some of the most consistent high power prices in the country. Competing proposals for day-ahead market expansion create additional uncertainty. Learn Ascend’s view on how the WECC power market will unfold and where and what resources are needed to meet new load in the wake of large thermal retirements. #energymarkets #energyanalytics #energytransition
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Ascend Analytics reposted this
Last week in ERCOT, increasing net load led to energy arbitrage opportunities in both the day-ahead and real-time markets. DA prices generally cleared above RT prices as usual in ERCOT. This was especially pronounced on the 24th when solar and wind both generated more than expected. ECRS continued to be the highest priced ancillary product with prices reaching $100/MW during the net load peaks on the 23rd and 24th. Strategies that balanced ECRS with energy participation in both the DA and RT market performed optimally last week. Interested in learning more about how Ascend can help you with your Bid Optimization, go to Ascend’s website at https://bit.ly/4aKfRu0 and click “Talk to an Expert” to book a meeting.
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Register for the Ascend Summit 2024: Powering the Energy Transition! Join us Sept. 30th to Oct. 2nd, 2024, in Boulder, Colorado. Register today 👉 https://bit.ly/4buY8as The Ascend Summit will feature a keynote discussion with Allison Clements, FERC Commissioner, and Gary Dorris, PhD and CEO of Ascend Analytics, on the topic of "Prospects and Pitfalls of the Energy Transition." Topics Include: - Transmission build-out and interconnection queues - Wind monopolies - Rational economics vs regulatory precedence - Distributed vs utility scale resources #energytransition #energyanalytics #AscendSummit #energystorage