Loudon Energy Analytics works with asset owners to develop models to track asset performance and to project day ahead and real time locational market clearing prices. Loudon works to enhance existing bidding strategies, incorporating the stochastic aspects of market outcomes for better risk management and financial outcomes. Loudon also helps grid operators maintain system reliability by providing tools to schedule flexible system resources to ride out system volatility.
Storage Resources: Loudon provides storage asset owners with system risk analysis to structure wholesale market bids that reflect the risk of increased stochasticity in the system. For maximization of market revenue, Loudon helps the asset owner Locational Marginal Price (LMP) spikes and troughs in space and time to identify optimal battery discharging and charging locations and times. Loudon can help the asset owner identify when it is prudent to deviate from the day-ahead bid to capture revenues from price spikes which may develop in real time.
Data Center Owners: Data Centers used by AI in the “learning mode” may be scheduled flexibly by the asset owner participating in an ISO/RTO administered Demand Response program to lessen the strain on the electric grid. Stochastic analysis offered by Loudon using ORFEUS and related tools may be invaluable to data center owners allowing them to predict the day and hour of the system peak conditions and allow them to schedule the electric draw based on expectations of system conditions.
Bidding Strategy for Generation Asset Owners: With added volatility of locational marginal prices (LMPS) introduced by increasing levels of intermittent renewable resources, existing bidding strategies adopted by conventional resources may become suboptimal over time. Loudon can help generation asset owners evaluate future revenue profiles of their existing assets and fine tune their day-ahead and real-time bidding strategies to maximize market revenues.