Adam Levey

#EnergySky

Fundamentals Analyst Fundamentals Analyst Habitat Energy is a fast growing company focussed on the trading and algorithmic optimisation of energy storage and renewable assets around the world. Our mission is to deliver ou...

I’m hiring a fundamentals analyst to help with everything from dispatch limits/price elasticity to FTRs and forward curves. In the last year Habitat has grown from operating 50MW of storage to over 1GW in ERCOT alone with more growth on the way! Pls reach out!

habitatenergy.bamboohr.com/careers/140

Looks like damage is likely to be minimal compared to what a Tsunami could bring

That's a shame - Enron level recklessness in the crypto market is precisely what the world needs right now 😂

Ummm is this real? Is Enron back? Anyone know anything about this? #EnergySky

Was not aware of the AS extension. Will have to check that out. I thought I saw some people talking about energy offer curves vs marginal cost dispatch a few weeks back but never followed up on where it went

Just playing around with it for now. Looking to build out a versatile DCOPF for a number of things (testing nodal price elasticity, future AS price shape, CRRs, contract pricing, etc). The ability to model AS price is a huge lift over a PyPSA

Was not aware of integration with Sienna. Will definitely be on the lookout for it! Thanks!

Love that GenX has a DCOPF module now! Any plans to have energy offer curves replace marginal cost based dispatch? Batteries now marginal unit more than half of SCED intervals and its tough to capture their behavior without them

PyPSA is great- also has a PyPSA-USA branch now. Only major thing it’s missing is that dispatch is based on marginal cost vs being able to upload unit specific energy offer curves. Would also help the way it handles storage. Would love to see that added

SCED interval is 5 min

We have an alert system that shoots emails on >40% move on the next SCED interval. Quite annoying when prices are bouncing around 0

I also think it's worth considering that offer caps may actually operate like offer targets and removing them could lead to lower prices

#EnergySky

In case anyone was wondering it appears Sunday afternoons in November are the new summer 2023

#EnergySky

This is crazy - PS2 with Star Wars Battlefront was obviously the superior system

Would love to be! Thanks!

EOS has very large backlog and is in the process of finishing it's fully automated manufacturing line. Next 2-3 quarters will be very interesting to watch

How does the representative days handle SoC management? Is there just an assumption that each day starts at 50%? We've used representative weeks before but run into problems with computation time

Didn't realize on first glance which nodes these were. All to familiar with ALP_BES and it's congestion... Can this graph be made with free version of gridstatus? Will want to extend the time horizon and use internally

Big reason why benchmarking battery performance is non-trival - still doesn't even touch on nodal dynamics + battery size/price elasticity. And don't get me started on re-supply and SASM costs not being in 60 day data

#EnergySky

People aren’t ready for the next ELCC release in NYISO

The important thing here isn’t that the TB4 is an effective hedge - it’s not. What matters is the framework shift from 10-15 year insurance/ revenue floors to hedges that can be actively managed #EnergySky 🔌💡

ICE recently announced they are adding TB4 futures to help mirror the exposure that battery assets are carrying. I bet the revenue floors that have financed batteries until now may disappear as the asset class becomes better understood and more effective hedges become available #EnergySky 🔌💡

My guess is we see the offer cap/ORDC curve get re-raised. Lots of struggling gas this year in down market + solar suppressing midday prices. Also lots more wind solar storage. Especially storage. Volatility isn’t leaving ERCOT anytime soon.

Ya the someone just pressing and un-pressing the ECRS button isn’t super precise

Looks like it might have been early ECRS recall that’s sent price to 5000. Happened in September too

🔌💡

Just ERCOT doing ERCOT things on this calm Sunday evening

Also interesting to note the slight uptick in AS prices after the peak as the increased solar is shifting net load peak a touch later in the day

AS saturation in ERCOT is getting crazy. Despite the higher effective net load and steeper ramp this October (shout-out solar) AS prices were down between 50-70% YoY. This is with DA price only down ~15%. Expect to see batteries cycling more and start engaging in DA energy 🔌💡 #EnergySky