BESS Revenues and Crypto's Surge in Demand Response with Ali Karimian (Market Optimization Director @ GridBeyond)

Energy grids, markets and regulatory landscapes are evolving fast. The strategies used by BESS operators must be dynamic, as operators face a maze of regional markets, shifting policies, and cutting-edge technologies. In this episode Ali Karimian, Market Optimization Director at GridBeyond joins Quentin to explore the challenges and opportunities in markets like ERCOT, California, PJM, shedding light on critical developments such as PJM’s recent capacity market overhaul and the surge in demand response programs across the country. Ali also shares insight into the role of cryptocurrency miners in energy markets, and where these unconventional players are proving vital for grid stability and unlocking new revenue streams.

Over the course of the conversation, Quentin and Ali discuss:

The differences between some of the most prominent markets for BESS in the United States, including ERCOT, CAISO and PJM.

The current landscape shaping market attractiveness for battery operations.

Policy & regulatory changes affecting ISO’s including changes to ERCOT's ancillary services framework, PJM capacity market dynamics and continual updates for CAISO.

The rise of crypto miners in energy markets and what characteristics make them suitable for supporting grid stability.

Strategies enabling crypto miners to lower effective power costs.

About our guest

GridBeyond aim to unlock the potential of energy assets, driving sustainability, resilience, and affordability towards a zero-carbon future. Their technology optimizes utility-scale renewable generation, battery storage, and industrial loads by intelligently dispatching flexibility into the right market at the right time. Enabling asset owners and energy consumers to unlock new revenues, enhance resilience, manage price volatility, and support the transition to net zero. For more information on GridBeyond - head to their website.

About Modo Energy

Modo Energy provides forecasts, benchmarking, 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.

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