Under CAISO’s Resource Adequacy (RA) program, RA contracts provide a reliable and stable revenue stream for resource owners, but they also impose operational constraints, including mandatory offers and the risk of financial penalties for non-compliance.  

In this webinar, Stem’s energy experts will explore how advanced bidding optimization software, PowerBidder™ Pro, maximizes revenue outcomes while concurrently managing RA bidding constraints for storage assets. Leveraging Stem’s digital twin bid simulator, Stem provides insight into how various RA contract configurations impact the merchant revenue potential of a simulated energy storage asset in CAISO. 

In this webinar, we’ll discuss:  

  • Overview of CAISO’s Resource Adequacy Program and bidding compliance requirements 
  • The analytical process leveraged to compare different RA scenarios and revenue impact 
  • An overview of Stem’s advanced bidding optimization engine 
  • Key takeaways from the simulations 

FEATURED SPEAKERS

Katie Skende - Sr. Director, Energy Programs & Markets 
Katie Skende - Sr. Director, Energy Programs & Markets Katie manages Stem’s behind-the-meter and front-of-the-meter energy storage assets in programs across the United States and Canada. Her team manages programs including system peak reduction, wholesale market participation, capacity market participation, and demand response which provide benefits from the electricity system level to the individual consumer level. Prior to joining Stem, she worked for GE Power in their Edison Engineering and Development program, and later as a Performance Engineer working on heavy-duty gas turbines.
James Barrios - Sr. Product Manager
James Barrios - Sr. Product ManagerJames leads product development efforts for Stem’s optimization capabilities and automated bidding applications for wholesale power markets. He has 8+ years of experience with a background in energy markets, analytics, product development, strategy, and energy system planning.

Watch Now