#USA #Boulder #Ascend Analytics #SmartBidder #Tenaska Power

Ascend Analytics and Tenaska Power Services Collaborate for Energy Innovation

In a significant move for the energy sector, Ascend Analytics has announced a strategic partnership with Tenaska Power Services, aiming to enhance the scheduling and bid optimization capabilities for energy storage and management. This collaboration combines Ascend's SmartBidder™ platform with Tenaska's robust service offerings, creating a unified solution designed to maximize operational efficiency for both standalone and co-located energy storage projects.

A Comprehensive Solution for Energy Storage

The integrated platform resulting from this collaboration allows clients to benefit from a single cross-functional team. This team facilitates the entire process from resource registration and commissioning to bid strategy, execution, settlement, and real-time energy dispatch. By utilizing both Ascend's advanced technology and Tenaska's extensive market experience, these services will meet the increasing demand for optimized energy storage solutions in an evolving marketplace.

Ascend's SmartBidder™ has a proven history in supporting over 4.3 GW of operational Battery Energy Storage Systems (BESS) in various power markets, including ERCOT, CAISO, and PJM. Meanwhile, Tenaska’s PowerTools™ platform boasts over 100 gigawatts of project capacity serviced since its inception, reinforcing the strength of this partnership.

Addressing Market Dynamics

As the energy landscape shifts with rising load growth and a dramatic increase in renewable energy sources, the complexity of market dynamics continues to evolve. Gary Dorris, CEO of Ascend, emphasized the urgency for battery storage developers to navigate these changes effectively. He pointed out that “enabling battery assets to seamlessly maximize their financial and operational production is more important than ever” as the need for efficient energy solutions heightens.

By collaborating with Tenaska, a company renowned for its track record and expertise in scheduling and settlement processes, Ascend aims to empower developers by eliminating potential delays in asset registration and commissioning. Keith Emery, Senior Vice President at Tenaska, further commented that the developers and financiers “want trusted, end-to-end solutions that help them maximize performance across the full operational and financial lifecycle of their assets.”

Immediate Availability in Key Markets

The combined service offering is available immediately in the ERCOT and Eastern Interconnect markets including ISO-NE, MISO, NYISO, PJM, and SPP. Stakeholders can engage the services either through separate contracts with each company or as a comprehensive package, streamlining the onboarding process for clients interested in maximizing the benefits of energy storage projects.

Conclusion

As the energy industry continues to innovate, the partnership between Ascend Analytics and Tenaska Power Services exemplifies the necessity for integrated solutions that enhance operational capability and profitability. This collaboration is poised to equip energy stakeholders with the confidence needed to navigate the complexities of today’s energy market while capitalizing on the growing storage opportunity. For more information about this exciting partnership and how it can benefit your energy projects, contact either Michael Huisenga at Ascend or Keith Emery at Tenaska Power Services.

For additional details, visit Ascend's official website to explore the advanced capabilities of SmartBidder and how these integrations can be tailored to your specific energy needs.