Arcadia, the energy intelligence platform for businesses, announced today that it has entered into a definitive agreement to acquire ENGIE Impact, the utility expense and data management, energy procurement, and sustainability advising arm of ENGIE.
For years, energy storage was framed as a promising but secondary technology that would eventually help enable a cleaner, more flexible grid. That framing is now obsolete. The latest data from both grid operators and industry reports makes one thing clear: energy storage is no longer emerging. It’s essential infrastructure.
In 2025, U.S. energy storage hit a record 18.9 gigawatts of battery energy storage system installations, a 52% increase over 2024. Batteries also have played a major role in new generation coming online in markets like Texas. That level of deployment is not incremental; it marks a structural shift. Storage is no longer an accessory to the grid. It’s become one of its core components.
This shift reflects a deeper transformation in how the grid itself operates. Reliability is no longer defined solely by large, always-on resources. Instead, it’s increasingly about flexibility, or how quickly and precisely the system can respond to changing conditions. Batteries excel in this role. They can ramp up instantly, absorb excess generation, and discharge during peak demand, helping stabilize a system that is becoming more dynamic by the year.
That transformation is being driven in large part by accelerating electricity demand. After years of relatively flat growth, power consumption is rising again, fueled by data centers, electrification, and domestic manufacturing.
In markets like ERCOT, demand has been growing at roughly 5 percent annually. Meeting that growth reliably requires more than just adding generation. It requires resources that can manage volatility in real time. Storage is increasingly serving as that shock absorber.
In ERCOT, of the roughly 62,000 MW of new generation that came online between 2021 and 2025, about 16,000 MW came from battery energy storage, making storage the second largest contributor in added generation behind solar. This underscores how storage is now central to ERCOT’s supply portfolio.
At the same time, storage is reshaping how renewable energy is deployed. The rapid rise of hybrid solar-plus-storage projects signals a new default for project development. Pairing these technologies improves economics, increases capacity value, and allows renewable energy to be delivered when it is actually needed, not just when it is generated. What was once considered a workaround is now a design principle.
Even so, the rise of storage doesn’t eliminate the need for other forms of generation. In fact, battery systems are explicitly designed to support and enhance all forms of power generation. They are exceptionally effective at managing short-term fluctuations and peak demand, enabling dispatchable resources to run more consistently during prolonged periods of high load or system stress.
The resilience of storage growth is also striking given broader market uncertainty. While clean energy procurement slowed in parts of 2025 due to policy and trade headwinds, storage deployment continued to accelerate, with a particularly strong surge in the fourth quarter. That divergence suggests something important: storage is no longer a discretionary investment. It’s becoming a necessity for grid operators, utilities, and large energy users alike.
And while early growth was concentrated in a handful of states, the market is now expanding. New storage projects are coming online across more than a dozen states, reflecting a broader recognition of its value. This is no longer a regional story; it’s increasingly a national one.
Looking ahead, the trajectory is clear. With tens of gigawatts in development and forecasts projecting massive growth through the end of the decade, energy storage is not just scaling — it’s accelerating.
The question is no longer whether storage will play a central role in the grid. It already does. The focus now shifts to how we integrate, scale, and optimize it as a foundational part of the system.
The U.S. power system is undergoing a period of rapid operational change, driven by rising electricity demand, increasingly complex market conditions, and the growing role of storage in daily grid operations. Battery assets that entered service only a few years ago were built for a different environment than the one operators now face. Markets are moving faster, regional rules are shifting frequently, and dispatch needs vary widely across ERCOT, CAISO, PJM, and MISO. In this environment, the core question for developers and operators has shifted from “How much storage can we build?” to “How easily can a storage system adjust to whatever comes next?”
The answer depends heavily on control and flexibility at the system level.
For more than a decade, many storage projects relied on control systems that were tied closely to a single hardware configuration. That approach worked when technology changes were slow and market structures were predictable. Today, it creates risk. A system built around one vendor’s architecture can make integration cumbersome, delay updates, and limit the operator’s ability to take advantage of new revenue opportunities. When market rules or reliability requirements shift, these rigid systems force operators into costly redesigns rather than simple adjustments.
Control, in this context, refers to the operator’s ability to tailor system behavior with precision. That includes how charge and discharge priorities are set, how assets respond to market signals, how safety parameters are configured, and how different components interact across the site. Flexibility is the companion attribute. It refers to the system’s capacity to incorporate new hardware, updated software, or revised logic without forcing a rebuild of the entire operational framework.
Both qualities influence the long-term value of a storage asset far more than nameplate capacity.
Across the industry, platforms with modular designs and open integration layers are demonstrating clear advantages. They allow operators to integrate different inverter types, battery suppliers, and control modules without compromising performance. They also allow updates to be rolled out quickly, which is essential when regulatory changes or new participation models emerge. A system that can be configured through software, rather than hard-coded hardware dependencies, reduces cost, shortens deployment timelines, and strengthens long-term operability.
High-speed data capture also plays a role. Detailed operational data collected at short intervals allows operators to pinpoint issues, adjust parameters, and validate system performance under different conditions. When paired with adaptive control logic, this data enables real-time decision-making that supports both grid needs and commercial objectives. Rather than relying on fixed assumptions, the system can respond dynamically to pricing, weather variability, or asset conditions.
At the site level, flexible EMS platforms support more accurate control of power flows, state-of-charge limits, and thermal constraints. At the fleet level, they allow operators to coordinate dispatch strategies, manage assets consistently across geographies, and maintain performance standards even as hardware differs from one project to another. This consistency is becoming increasingly important as storage portfolios expand across multiple ISOs and technology vendors.
ENGIE’s program to develop the BroadView EMS program platform reflects this engineering mindset. It was designed to operate multiple storage technologies, adapt to different site architectures, and support ongoing upgrades without disruption. With deployments across a growing number of U.S. and international projects, the system is demonstrating how a flexible design approach can support reliability, reduce manual intervention, and maintain consistent performance across diverse operating environments. The platform’s structure enables integration of new features, updated market logic, and evolving hardware configurations while preserving operational continuity.
The broader point is straightforward. Storage systems that rely on rigid, vendor-specific architectures will struggle to keep up with a power system that is changing monthly, not annually. Systems built for adaptability will not only remain functional longer but will deliver greater value over their lifetime. The ability to reconfigure, update, and optimize a storage asset without major redesign is rapidly becoming a core determinant of performance and competitiveness.
Control and flexibility are now essential design attributes, not optional enhancements. They determine how well a storage system can respond to market changes, regulatory adjustments, reliability needs, and new business models. As the demands on the U.S. grid continue to expand, these capabilities will separate assets that remain valuable from those that fall behind.
Battery storage is no longer defined by capacity alone. It is defined by how effectively the asset can be configured, improved, and aligned with system needs. Operators who prioritize control and flexibility today will be better positioned to navigate the complexity, pace, and variability that now characterize the U.S. power sector.
HOUSTON – ENGIE North America (ENGIE) announced it has entered into a preliminary agreement with Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher”) to enter into a power supply agreement to power a Cipher data center in Texas. Once executed, the agreement would allow Cipher to purchase up to 300 megawatts (MW) of clean energy from one of ENGIE’s wind facilities.
The new arrangement would leverage the wind project’s renewable energy generation to power the co-located data center, helping to alleviate an already congested transmission area. This helps offset basis risk and mitigate curtailment challenges especially in regions like West Texas, where wind and solar resources are abundant but often face constraints due to transmission bottlenecks and curtailment.
By pairing the data center with renewable energy, this strategic collaboration supports the use of surplus energy during periods of excess generation, while enhancing grid stability and reliability.
“ENGIE is committed to pursuing innovative solutions that maximize the value of renewable generation and improving cost effectiveness of delivering clean energy supply to our customers,” said David Carroll, Chief Renewables Officer & SVP, ENGIE North America. “We are focused on meeting the growing need for power by our customers as they expand their operations in the U.S. and renewables is an essential part of supplying this increasing demand.”
This agreement continues to reflect ENGIE’s position as one of the leading providers of power purchase agreements globally.
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About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page.
Contact:
ENGIE North America
Michael Clingan, External Relations
Michael.clingan@external.engie.com
832-745-6057
Additional Portfolio Brings Relationship to 3.7 GW of Investment in U.S. Generation
HOUSTON – ENGIE North America (ENGIE) announced that it recently expanded its partnership with Ares Management Infrastructure Opportunities funds (Ares) via the addition of a new almost 1GW portfolio. ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets.
The overall 0.9 GW portfolio consists of three solar projects in operation across ERCOT and MISO, and one co-located battery storage project in ERCOT.
“The expansion of our relationship with Ares reflects the strength of ENGIE’s portfolio of assets and our track record of delivering, operating and financing growth in the U.S.,” said Dave Carroll, Chief Renewables Officer and SVP, ENGIE North America. “The addition of another almost 1 GW of generation and storage to our existing relationship reflects the commitment both ENGIE and Ares have to meeting growing demand for power in the U.S. and continuing to deploy clean energy.”
ENGIE is a leader in the energy transition and currently has more than 11 GW of renewable production in operation or construction across the U.S. and Canada. Globally, ENGIE has 51 GW of renewables and storage in operation, and targeting 95 GW by 2030.
This transaction supports ENGIE’s strategy of continued investment in North America by deepening its partnership with a leading infrastructure investor, recycling capital to facilitate continued expansion of renewable generation to meet strong demand for power in the U.S.
“We are excited to be expanding our relationship with ENGIE through this latest transaction,” said Steve Porto, Partner in Ares’ Infrastructure Opportunities strategy. “We have seen first-hand the ENGIE team’s strength as an operator, and the growth of this partnership reflects our shared confidence in the value proposition of this diversified portfolio and opportunities ahead in the infrastructure sector.”
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About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than $10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page.
About Ares Management
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2024, including the acquisition of GCP International which closed on March 1, 2025, Ares Management Corporation’s global platform had over $525 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
Contacts:
ENGIE North America
Michael Clingan, External Relations
Michael.clingan@external.engie.com
832-745-6057
Ares Management
Jacob Silber | Brennan O’Toole
It is estimated that the world will need more than 93 million miles of transmission lines, the distance between the Earth and the Sun, to face future power needs (IEA, 2023). Over the past 120 years, 50 million miles of transmission lines have been developed, but experts say we will need an additional 40 to 50 million miles in the next 30 years to keep up with growing demand.
The impact of increased electrical consumption and renewable energy
This rising development is due to increased electrical consumption (electric vehicles, data center development, AI acceleration, etc.) and the evolution of renewable energy sources. Renewable energy sources now allow us to focus on developing generation in the places where it is most efficient to do so, instead of having to necessarily be close to our direct customers. In the past, generators were incentivized to develop thermal plants as close as possible from the consumption area to enable better cost efficiency. But today, with renewable energy sources, the focus is generation efficiency. This opens up more options, such as choosing a wind corridor or vast enough land in the desert to deploy a solar plant.
Distance is a major factor to the current delay in keeping up with power demand, as transmission line buildout cannot keep up. This is a huge challenge that we, as an industry, need to prioritize — helping to facilitate faster infrastructure and power generation development. It is critical that we work together to accelerate our decisions and investments to help face these challenges.
Balancing generation and demand
Even if we are successful at accelerating the extension of transmission lines, the operation of our power grid is still a huge roadblock. Increase in power usage, coupled with intermittent renewable power generation, challenges the balance between generation and demand.
The need for energy storage solutions
There’s no doubt that providing power to cover the demand peak in our future is an issue that keeps us up at night. We all know power is very difficult to store, but something must change. We must look at assets that enable flexibility on the grid, such as battery storage or pumped storage, but let’s not forget the importance of green or low-carbon gas. The energy transition needs the alliance of the electron and the molecule. It is important for us to work together, and center the business model, to develop assets involving the synergy between gas and electricity. The affordability and feasibility of the transition depends on it.
The role of gas in the energy transition
Recent pragmatic policies have emerged, calling for new thermal plants to be built (such as in Texas or in the United Kingdom). It is believed that we cannot handle the demand peak, and keep energy affordable, without gas-fired plants until well into the transition. With these gas-fired plants, we should remain open to “hydrogen ready” options, as well as the maturement of renewable gases such as biomethane and e-methane.
Reviving the debate on underground gas storage
The important role gas can play in meeting power demand has also revived the debate around underground gas storage. Embedded in the natural gas seasonal economy, storage is often forgotten in future planning. It has the capability of providing fast cycling services, enabling a mid-term storage delivery (storing gas for several days with the aim for it to become power) which is a smart complement to batteries (storing power for several hours).
Proven solutions for reliable grid service
The industry must consider solutions that are proven to deliver reliable service to the grid — supporting peak generation. At ENGIE, we operate fast cycling storage in the United Kingdom and are actively working on a Hydrogen Underground Storage Business Model with the UK government. As we investigate opportunities to assist with transmission and grid congestion, we must take into consideration lead time on the execution of solutions (such as underground storage), as well as the regularity of investment decisions to enable a delivery at the right time.
Shaping the future of energy
At this moment, it’s exciting to work in the energy industry, as we have been given the opportunity to collaboratively shape the energy systems of the future. By utilizing renewables sources for generation efficiency, looking at assets that enable flexibility on the grid, remaining open to hydrogen-ready options, and valuing underground gas storage, we are empowering low-carbon energy solutions to meet the unprecedented demand for power and facilitate faster infrastructure and power generation development.
The evolving dynamics of the energy sector present both new opportunities and unprecedented risk for our customers. No two days are alike in the energy market, so it is imperative to help customers navigate their risk and make the most from the energy value chain. A one-size-fits-all approach is no longer a viable way to consider sourcing your energy. Customers need more sophisticated offerings; tailored, flexible solutions based on their unique risk tolerance and budget.
Understanding risk tolerance
Understanding risk tolerance or risk appetite in energy is similar to how risk is considered in other financial investment decisions. For example: do you want to put 90% of your investment into a more volatile stock market? Or are you more comfortable with a diversified approach and consider bonds and other more secure financial vehicles? Energy sourcing should be considered with this same lens by considering the volatility of energy prices and weighing what is appropriate for their business drivers. For example, customers that are typically more risk averse may find that a fixed price solution is best to maintain a degree of budget certainty. On the other hand, customers that are more comfortable riding the ebbs and flows of the energy market may find that an index price solution (with price locks) might better match their higher risk tolerance.
Custom, tailored solutions
Proactively identifying opportunities across the energy value chain and delivering tailored solutions is crucial to customers. This involves understanding key criteria such as budget considerations, target goals, current strategies and aspirations for improvement. Considering the needs of the customer results in meaningful energy solutions that address specific needs. A prime example of a customized solution is a multi-year retail energy supply agreement that addresses price, risk and specific objectives. Such agreements can provide flexibility and stability by locking in prices for a portion of usage while allowing the remaining usage to float at the current market index price. In this agreement, a pilot program implements a process for all transmission and ancillary services billed directly from ENGIE instead of the local utility, with charges based on actual demand. As such, the venues can take advantage of savings that stem from their distinctive peak load characteristics versus higher pooled costs.
Importance of sustainability
Renewable energy is growing at an unprecedented rate, and organizations have set aggressive goals for sustainability including ambitious target dates for net zero carbon emissions. By integrating renewable energy into tailored solutions, we empower customers to meet or exceed their sustainability energy goals. Embracing sustainability in energy procurement is not just beneficial for our environment; it is a strategic move to ensure resilience. Matching energy consumption with renewable energy credits (RECs) can help companies achieve their set targets while meeting their current energy demands. This approach can bring the benefits of renewable energy to businesses of all sizes, regardless of market location and structure. ICA Miami is matching 100% of its consumption with RECs (renewable energy credits) which is a greenhouse gas emissions reduction equivalent of 1,352 metric tons of CO2.
Providing support
It is essential to offer customers responsiveness, timely pricing and helpful tools to manage their energy usage and spending. Leveraging energy expertise can bring valuable insight to the table. For example, the utilization of wholesale markets and structuring risk management products based on customer objectives can ensure further financial security in energy procurement.
The transition from traditional, on-demand energy sources to intermittent, renewable ones is not just a trend but a transformative force that is reshaping the energy industry.
As customers experience this unprecedented change, companies must commit to delivering peace of mind in their energy procurement. Navigating these complexities requires more than just energy expertise — they demand a proactive approach with innovative, flexible, and customer-focused energy solutions.
Empowering customers with knowledge and tools
The energy industry is evolving rapidly, moving from regulated utilities to the dynamic world of deregulation. It is crucial to supply, trade, and manage customers’ energy in a way that allows them to participate in open markets confidently. Customers should make informed decisions about their energy usage and procurement, so it is essential for them to have reliable data and information in multiple key areas including historical market prices, real-time market data, and customer portals that offer usage and billing information.
To address unique challenges, meet budget constraints, and support sustainability targets like RE100 commitments, thorough research should be done to develop tailored products for customers. A full suite of products, from fully fixed to fully floating pricing, with flexible options in between helps customers manage not just the energy portion of their bill, but other cost components like ancillaries, capacity, and transmission charges. Finding a balance between fixed and floating prices can offer certainty while allowing for potential savings.
Managing market fluctuations and supply constraints
Effective management of market fluctuations and supply constraints is also critical. A robust hedging strategy can provide stability and protect against market volatility. By hedging deals, both businesses and customers are shielded from unexpected market changes, maintaining reliable energy supply even during major events.
By helping customers find the level of comfort they need in their energy procurement, they can operate their businesses without worrying about volatile energy prices. To provide the flexibility to lock in prices incrementally, customers have options to sign agreements without locking their price immediately. This is great for dollar cost averaging and helps customers optimize their energy purchases. Customers can lock in portions of their energy needs as they see fit — providing the opportunity to take advantage of favorable market conditions.
Overcoming new challenges with expertise
Today’s customers face many challenges, from regulatory changes to sustainability goals, to changing regulations and charges. More recently, the push for renewable energy and sustainability practices has also presented new opportunities. Companies can overcome these challenges by leveraging experience and applying innovative solutions. Solutions like Renewable Energy Certificates (RECs) and specific asset access within retail contracts can be integral in helping customers that are striving to meet sustainability goals.
Supporting customers in their energy transition
As customers shift from traditional energy sources to renewable sources, they require innovative approaches with steadfast dedication. We must remain committed to proactive, customer-focused solutions that deliver peace of mind in their energy procurement.
Our role is not only to supply energy but to empower our customers with the knowledge and tools they need to thrive in a dynamic market. By providing comprehensive data, flexible pricing options, and robust hedging strategies, we help our customers manage their energy procurement with confidence and precision.
In 2024, ENGIE won 4.3 GW of PPA deals, up from 2.7 GW in 2023, equivalent to 136 TWh of electricity supply. These 85 agreements cover 5 continents: North America, South America, Asia, Europe, and Oceania. ENGIE confirms its position as a global leader on the PPA market, with a total portfolio of 14 GW of PPAs already contracted.
This performance includes new contracts with Meta in the United States, the expansion of the global partnership with Google including new developments in Belgium and the United States, as well as agreements with other tech companies. ENGIE also signed contracts in new sectors such as utilities, chemicals and in the medical field.
The PPA market is driven in recent years by the growing need for decarbonized electricity in all sectors, particularly in the technology and digital sectors where new energy-intensive uses such as AI have emerged.
ENGIE stands out with a commercial performance of 1.5 GW of PPAs signed in North America, reflecting the high demand for renewable electricity in this region. The contracts signed in 2024 cover eight new projects, with production expected between 2024 and 2026. Among these projects is the Chillingham park (350 MW) located near Austin, north of Texas, ENGIE’s largest solar project to date in the United States.
In addition to PPAs related to the supply of electricity from solar, wind, and hydro assets, ENGIE is a pioneer in the field of Biomethane Purchase Agreements (BPAs), for which it signed several major contracts, such as with Arkema or BASF in 2024.
“In 2024, we confirmed our leading position in the PPA market thanks to our cutting-edge expertise in energy sales to meet a wide range of demand profiles and our diversified renewable asset base. In 2025, we will continue to expand on the fast-growing PPA market, particularly in the United States, as we continue to develop our offer to provide customers with tailor-made supply solutions.” said Edouard NEVIASKI, Executive Vice President in charge of Supply & Energy Management.
About ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).
ENGIE HQ Press contact:
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Energy prices are volatile. However, if managed proactively, the volatility can be harnessed to create value. To balance the risk in volatility and optimize operational schedules, predictability is key. By understanding how and when businesses use electricity, we can empower customers to make the most of their energy usage patterns. A proactive approach not only mitigates exposure to volatile energy events but also reduces demand-related charges and overall energy costs.
Understanding how our customers operate
When collaborating with customers, we seek to understand how they consume energy in their operations. We learn about their processes, machinery, operational hours and materials and the energy patterns that correlate. This approach opens discussions about when and why they are unable to reduce their energy load which in turn helps us find operational flexibility, even where they may have thought none existed. In the past, energy was seen as a simply a commodity where the lowest bidder or price wins. But as we move towards decarbonization and start using tools, technology, and flexibility, we can evolve that mindset and consider exactly when and how we use energy. We can then understand the most efficient ways of sourcing energy, as well as whether our equipment is responsive and flexible in the energy it needs to operate.
The importance of making your energy supply more predictable
Traditional demand response programs can fall short in addressing the complexities of modern operations and are designed to address short-term unpredicted issues at the grid level. However, itis important to consider a demand response program that also considers market events. So, whether demand is weather-driven or due to issues with power generation, customers can preemptively avoid many volatile events to save on energy consumption. This is particularly beneficial for complex operations such as chemical plants or multi-building college campuses. The typical 10 to 30-minute notice provided by traditional demand response programs may not provide sufficient time for these entities to react due to complexity issues, health and safety concerns, and potential equipment damage. By extending to a full day’s notice, we open the flexibility market beyond existing constrained demand response programs.
The economic benefit for customers
Energy flexibility is not just a technical capability but a strategic asset that can unlock significant financial as well as environmental value for customers. By quantifying the economic benefits of flexibility on a per MW basis, they will receive tangible rewards for proactive energy management. Furthermore, this dollar value can be offered as a direct payment, a bill credit, or even converted into Renewable Energy Certificates (RECs). The ability to swap flexibility for RECs presents hidden value for customers who may not have been able to pay for them outright or budgeted. In other words, if a customer can reduce their loads based on prediction and only call for a set amount of time and energy, the savings can convert into a green product or a REC.
Harnessing energy flexibility for strategic advantage
Proactive management of energy use patterns is essential for our customers. The right tools and knowledge to manage energy proactively can turn volatility into value, and we can help mitigate risks, reduce costs, and enhance operational efficiency. By unlocking the hidden value in energy use patterns, customers can achieve their business objectives while contributing to a decarbonized future.