Case Study: Adapture Renewables boosts ERCOT BESS revenues with Ascend Analytics SmartBidder

Adapture Renewables boosts BESS revenues by over 20% with Ascend Analytics

Adapture Renewables, Inc., a US-based utility-scale energy developer, faced the challenge of navigating the complex ERCOT market to operate its first-ever battery energy storage systems (BESS) without an in-house trading team. They sought sophisticated software to automate trading and optimize bids to maximize risk-adjusted returns. To meet this challenge, Adapture selected vendor Ascend Analytics and its SmartBidder platform for optimization and consultative support.

Ascend Analytics implemented its SmartBidder platform and provided expert strategic support to develop nuanced risk management policies and profitable market participation strategies for Adapture. This solution increased Adapture's revenues by over 20% during the first few months of operation. Furthermore, Ascend's partnership and ongoing monitoring helped hone strategies, pushing revenues up an additional 5-10% while also reducing risks for the BESS assets.

Adapture Renewables, Inc