Amperon’s Post

Our goal is to enable a sustainable, affordable, and reliable grid while accelerating the #energy transition 💡 The Amperon team focuses on delivering precise energy demand and renewable generation forecasts that aid in facilitating decarbonization initiatives. Effectively manage uncertainty in today’s volatile market with our solutions. Learn more about our solutions! -Demand Management -Retail Portfolio Management -Renewable Asset Management & Optimization -Load Risk Management Contact us: https://www.amperon.co/

This week, fall has made its presence known across the country. Pumpkin spice lattes are no longer iced, winter coats are being dusted off, and people are debating whether to turn on the heat. But next week will bring a shift, with temperatures expected to climb above the seasonal norm, making this week's chill feel like just a tease of fall. What does this mean for the market? We’re likely to see higher energy demand compared to this week. While record-breaking demand isn't expected, this situation differs from summer because we're in the midst of the shoulder season, a key time for generation outages. The NRC has reported that several nuclear units are offline for refueling, including Prairie Island and Braidwood Nuclear in the Midwest. In ERCOT, generation outages for October have nearly doubled compared to September. If we were to see the perfect storm of higher demand, substantial generation outages, and potential renewable generation shortfalls in regions heavy with renewables, we could see isolated evening peak price spikes in the coming weeks. Enjoy the crisp air while it lasts because next week's summer-like temperatures are hanging by a thread. If you'd like more information about forecasts for the rest of shoulder season and fall, contact us: https://hubs.li/Q02TS6hy0 Photo credit: https://hubs.li/Q02TS6kn0

With ERCOT’s market evolving rapidly, volatility presents both risk and opportunity for market participants. To help our clients manage these changes, we are leveraging machine learning techniques, energy and weather domain expertise, and fundamentals modeling to predict the dynamics of the DA LMP market. Amperon's first price forecasting, a 15-day LMP (locational marginal price) forecast is now available for ERCOT’s day-ahead market. We’ve already seen great results from our price forecasts. During price spikes in ERCOT in August, our day-ahead zonal price models accurately forecasted the peak price for each day. Visit our blog for full details on this new product. https://lnkd.in/g__5NXgH

📣📣 We are proud to be recognized as a finalist in the energy transition category for the 2024 Houston Innovation Awards by InnovationMap. Here's to our team for all of their hard work and dedication to solving the hard problems and helping to power the smart grid of the future. https://hubs.li/Q02Tv_4l0

👋 Our team is attending Enlit Europe next week! Our general manager, Jon Ecker, and senior account executive, Tom Forrest, will be there to represent our European division. 🗓️ Meet with our team at the Microsoft booth to learn more about our energy demand forecasting solutions. #EnlitEurope

We're #hiring a new Accounting Manager in Houston, Texas. Apply today or share this post with your network.

We're #hiring a new Senior Software Engineer in NAMER. Apply today or share this post with your network.

❄️ In our latest webinar, our hosts, Kevin Gallagher and Jonathan Wolf explored cutting-edge technologies from Amperon and Snowflake that can enhance trading strategies, optimize decision-making, and drive operational efficiency. Watch now with the link below! https://lnkd.in/g55Ykgdu

Our highly anticipated price forecast is now available! 📣 As energy prices grow increasingly volatile, our new price forecasting tools empower market participants to optimize load risk management, asset operations, financial trading, and battery dispatch strategies with greater accuracy. “Until recently, market participants lacked accurate tools to forecast future power prices in increasingly volatile power markets. Now, our customers can depend on accurate price forecasting to participate and succeed in the market, whether that's meeting their obligations at the lowest possible cost, constructing the optimal battery dispatch strategy, or optimizing bids during periods of high volatility.” - Sean Kelly Co-Founder and Chief Executive Officer of Amperon Read the full announcement here. https://hubs.li/Q02S__jz0