Yes Energy

We’re thrilled to announce Power Settlements is now a part of Yes Energy! Power Settlements develops software that streamlines energy supply operations and delivers high ROI results. This acquisition will add value for physical power asset owners and operators by providing near real-time performance tracking and portfolio analysis tools alongside our comprehensive Independent System Operator (ISO) market data and analysis tools. Learn more about this exciting addition https://hubs.ly/Q02tLK7q0. #Energy #EnergyIndustry #PowerMarkets

❄️Australia: The graph indicates that 2024 has surpassed historic values -- and forecasts suggest 2024 will have the highest July electricity demand on record. 📈But is this growth due to just a colder-than-average winter, or is there an underlying increase in demand capacity? See our analysis. https://hubs.ly/Q02JBgSw0

In a rapidly changing industry, see how accurate, reliable power market data makes a difference. 🌳 #PowerMarkets #PowerGrid #ElectricGrid

Recently, we presented an update on power demand trends at the quarterly Energy Trader Forum in Auckland, New Zealand. Mark Todoroff demonstrated our Weather Decomposition and Risk tools to calculate year-on-year underlying load growth and a peak demand projection for the rest of the year. Highlights: 🍃NZ saw positive year-on-year load growth for five of the six months so far this year. 🍃Most of the growth has been in the South Island, driven by irrigation demand during a very dry year. 🍃Despite some very tight supply and demand situations so far this year, demand hasn’t gotten close to the 99th Weather Risk percentile – indicating that peak demand could get a lot higher if colder weather comes. Get in touch if you’d like to learn more about using our Weather Decomposition service to calculate power demand growth trends in NZ or any deregulated power market. #NewZealand #EnergyIndustry #EnergyDemand

✔️Data quality and 👀data observability are essential in every industry, and Eli DeQuiroz, Sr. Director of Tech Operations, detailed what they mean in power markets and at Yes Energy. See his breakdown and how they ensure accurate and reliable data for informed decision-making. Does your definition align with this? https://hubs.ly/Q02Jg78K0 #dataobservability #dataquality #powermarket

🔋With over 250 GW of storage under development in the US, this price-responsive form of energy production and grid stabilization will increasingly play a role in shaping power markets. See four charts on this emerging tech: https://hubs.ly/Q02J56QN0

🤝Join us Aug. 8 at 11 a.m. PT to learn how Arizona Public Service uses Yes Energy's Power Settlements software solution to automate the lifecycle of its structured contracts (e.g., for PPAs, EMAs, transmission, renewables, etc.) and counterparty invoicing. 📉 APS has slashed staff effort and processing times for critical contract management and billing workflows from several days to only a few hours. Save your spot now and also be able to access the recording! https://hubs.ly/Q02J0J5x0

⚠️At 07:05 a.m. CST, we alerted Live Power customers to a trip at South Texas nuclear in ERCOT, which had one unit trip offline. At the same time that STP tripped, Live Power data for Freeport LNG showed an odd power consumption spike at the facility, before ramping down 100 MW in three minutes by 7:10 a.m. CST. Frequency dropped to a low of 59.92 at 7:03 a.m. CST, and the STP trip appears to have impacted Freeport operations, although it is unknown if the two are related. Freeport was operating near a full one-train load level as of 7:40 a.m. CST. Learn more about getting Live Power alerts: https://hubs.ly/Q02HS2hc0. #Electricity #Nuclear

If you'll be at the Mid-C Seminar July 30-31 in Wenatchee, WA, don't miss our team's booth there! Learn more about this exciting industry event: https://hubs.ly/Q02HR6WH0 #ElectricGrid #Electricity #EnergyTransition

As summer temperatures soar (yellow on both images), we’re tracking battery usage between CAISO and ERCOT, the leading ISOs in renewables generation and energy storage capacity. On July 9, prices reached $645/MWh in CAISO (first image in green) and peaked at a modest $48/MWh in ERCOT (second image in purple). CAISO’s battery output reached 45% of total energy storage capacity (first image in blue), compared to 21% in ERCOT (second image in orange). While overall battery output is higher in CAISO than ERCOT, CAISO's output on July 9 was slightly under average for the week. Battery dispatch in ERCOT seems more price-responsive on hot days, which may be contributing to steadier prices in ERCOT this July. CAISO and ERCOT are key ISOs to watch to understand how increasing levels of energy storage are integrating into the modern power grid. Learn more about how you can monitor prices with PowerSignals: https://hubs.ly/Q02HxcYB0.