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