Solar and wind have become the de-facto technologies for attaining 100 percent clean-power targets. But their intermittency is such that we have to store energy for many hours if we rely only on these resources to cover 100 percent of the load. …

In a volatile spot market, the option value of a merchant battery is worth more than its intrinsic value for durations up to four hours. But monetizing this value requires asset-backed trading and a risk framework suitable for algorithmic trading. Some developers of energy storage solutions are planning to offer…

The Arctic blast has shown how challenging is to hedge renewable merchant risk ERCOT (i.e., Texas) is home to many wind projects under a merchant model, and some of them had to hedge their energy price to secure financing. However, it is far more complicated to hedge wind power generation…

The short answer is no as long-duration merchant batteries are not yet cost-effective, and the associated margins (i.e., time spreads) are not large enough. For example, if we use the ERCOT West hub, the average values captured in day-ahead and real-time energy price arbitrage under normal conditions — since 2018…

Introduction You may have realized as a management consultant at the analyst/associate level that a decent knowledge of data science would have been instrumental in some client engagements for achieving high impact analyses. How often did your analysis requires processing a large amount of data too big for Excel but not…