Speed to market is key for developers building solar and storage projects in the Electric Reliability Council of Texas (ERCOT) territory since the first installed projects are likely to see the highest returns. Stem specializes in supporting developers with strategies to maximize energy storage project value for systems ranging from nearly 10MW and much larger.
From early site analysis to managing the bidding strategies using Stem’s AI-driven software, Stem’s expertise in wholesale markets ensures our developer partners in ERCOT achieve their revenue goals. In the Benchmarking whitepaper below, read how Athena® can improve the revenue of energy storage assets in ERCOT by an average of 28%.
Stem works with our developer and off-taker partners to size their energy storage project, register the systems with ERCOT and to develop and submit optimized bids into day-ahead and real-time energy markets as well as ancillary services markets.
We’re playing a key role in helping developers get these projects to the finish line through our extensive experience in storage development efforts, our supply chain strength, analytical support around technical and economic analysis, construction and permitting support, and ultimately operating the projects in the market to achieve optimized revenues.
Our best-in-class Athena® smart energy software drives success under this framework by optimizing the economic and operational trade-offs necessary for successful market participation.
Featured Project Highlight:
Stem will manage four 9.9 MW standalone storage projects in Texas with REX Storage Holdings, LLC. an IPP and joint venture between Regis Energy Partners LP and Excelsior Energy Capital. Regis is overseeing the projects’ development while Stem is supplying the battery hardware, Athena®, and services over each project’s operating life. Stem’s proven expertise across multiple jurisdictions and depth of market knowledge were instrumental in understanding the complexities of the evolving ERCOT marketplace to position the projects for short- and long-term success.
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