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Transmission

Optimizing in ERCOT with Mike Kirschner (US Managing Director @ Habitat Energy)

Apr 18, 2024
36:44

Historically, in the US, the role of the optimizer has been performed in-house, but as the build-out of battery energy storage accelerates, the opportunity for revenue across the various markets increases and the chance for specialized services such as optimizers becomes increasingly necessary. What differences are we seeing as optimizers operate in the different markets, and how is Habitat Energy thinking about ERCOT and beyond?

In today’s episode, Mike Kirschner, US Managing Director at Habitat Energy, joins Quentin at Energy Storage US. Throughout the conversation they discuss:

  • How optimizers are navigating the multiple markets across the USA.
  • A look at the Qualifying scheduling entity (QSE).
  • Why operators in ERCOT have historically undertaken optimisation in house, and how this mindset is changing.
  • Expansion across the USA and the benefit of understanding the individual ISO’s and how habitat are approaching the markets.
  • The state of co-located assets across the US. 20 mins ish
  • Mike's thoughts on whether there will always be a hybrid model of AI machine learning and human touch, or will AI dominate the optimization space.

About our guest

Operating across UK, USA and Australia, Habitat Energy’s mission is to get the best possible return on your investment, whether that’s a single battery, co-located renewable generation or a whole portfolio of assets across multiple locations. Providing fully integrated AI- enabled, end-to-end battery storage and renewable energy asset optimization services to help you to unlock the full value of your asset. To find out more about what they do - head to their site.

About Modo Energy

Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place. Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.

Our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different energy systems work.

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