Gary Dorris
CEO
Ascend Analytics
This startup provides energy software that optimizes electric power supply resources by integrating physical conditions with financial outcomes. Their platform helps energy analysts and risk managers navigate changing power markets, enabling informed capital investments and operational management.
- Data & Analytics
- Clean Technology
- Energy
- Enterprise Software
- Software Only
Updated 19 months ago
Funding
Funding not disclosed
Funding rounds are not available yet.
Founders
Product
Problem
The increasing complexity of power markets, driven by renewable energy integration and evolving regulations, makes it difficult for energy analysts and risk managers to make informed decisions regarding capital investments and operational management. Traditional methods often fail to adequately integrate physical conditions with financial outcomes, leading to suboptimal resource allocation and increased risk exposure.
Solution
Ascend Analytics provides a suite of software and consulting services designed to optimize electric power supply resources by integrating physical conditions with financial outcomes. The platform offers advanced analytics and market intelligence, enabling users to navigate the energy transition with better models and informed decisions. Ascend's solutions cover a range of applications, including market forecasting, asset valuation, portfolio management, and bid optimization. By leveraging these tools, energy professionals can improve resource planning, mitigate risks, and maximize the value of renewable, storage, and other energy assets.
Target Audience
Ascend Analytics serves utilities, merchant operators, corporates, electric retailers, investors, banks, and developers involved in power development and supply procurement.
Features
- Market Intelligence (AscendMI): Delivers bankable wholesale and retail power market forecasts, including 20+ year projections for hourly day-ahead energy prices, sub-hourly real-time prices, capacity prices, RECs, and hourly marginal emissions for markets in the United States, Europe, and Japan.
- PowerVAL/BatterySIMM: Provides economic valuation and siting software for standalone storage and renewable+storage projects, utilizing Ascend Analytics' proven 20+ year price forecasts to determine storage value and assess site economics across ISOs.
- SmartBidder: Offers day-ahead and real-time bid optimization and scheduling software for storage, renewable, and hybrid assets, enabling users to develop customized bid strategies leveraging AI-based models based on nodal forecasts, asset constraints, and risk-based optimization.
- PowerSIMM: Facilitates portfolio management, valuation, and resource planning with a co-optimization engine for capacity expansion planning, carbon/RPS constraint modeling, reliability analysis, transmission modeling, and financial analysis.
- Ascend Energy Exchange (AEX): Provides a marketplace for renewable and storage projects, streamlining the process of clean energy procurement and project sales.
- EnSurance: Enables efficient merchant storage financing by transferring revenue tail risk to investment-grade insurance counterparties.