Case Study: ERCOT improves real-time storage dispatch during a major price spike with Tyba Energy

ERCOT captures nearly $4K/MWh price spike with Tyba

The Electric Reliability Council of Texas (ERCOT) faced volatile energy market conditions, including low wind output and high demand, which led to significant real-time price spikes. Tyba Energy used its forecasting and optimization services to prepare a customer's energy storage asset to capitalize on these high prices.

Tyba's solution involved using its forecasts to identify the potential for a price spike and then guiding the storage system to charge during low afternoon prices. This strategic positioning allowed the asset to discharge during the evening price spike, capturing significant value. Tyba notes that much of the storage fleet missed this opportunity due to overcommitment to ancillary services, highlighting the effectiveness of their optimized, energy-focused strategy.

ERCOT