Amperon

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/

Next week brings the first significant cold snap of the winter to ERCOT, MISO, PJM, and SPP. How will this affect demand? Our latest blog by Market Analyst Arianna Goldstein outlines everything you need to know. https://hubs.li/Q0312cJh0

What a year 2024 has been! From launching into Europe to building forecasts for renewable assets and prices, we’re proud of all the work our team accomplished this year. We look forward to expanding these efforts – and more – in 2025. Happy New Year! 

We wish our customers a merry holiday and a happy new year, and to celebrate, here's a photo of a few members of our Houston team at our annual holiday party!🥂 🎊 Left to right... Rachel Huston, Rose (Latimer) Williams, Joe Kelly, Torrence Hyman, Will Arend, Kaki Hardie, Sean Kelly, Tom Leaver Jr., Patrick Finney, Ariel Smith, Jeff Price, Alicia Walker

Zonal Net-Demand Granularity is live on our platform for NYISO, PJM, and ISONE. We are breaking out our grid-level renewables generation forecast into load zones so that you can calculate net demand at the load zone level. This additional granularity enables market participants to assess congestion and grid constraints better, predict demand for ancillary services, and forecast real-time prices in wholesale markets.

What a year it’s been! 2024 brought many changes and advancements to energy grids globally, and we are amped (no pun intended) to execute our plans for 2025! Amperon CEO and co-founder Sean Kelly gives his main takeaways from 2024 and what he looks forward to in the coming year in our latest blog post. https://hubs.li/Q0303-cj0

A windy week in Ireland last August exposed some organizations to volatile auction prices. In his latest blog, our Europe General Manager, Jon Ecker, discusses strategies to mitigate these risks with accurate forecasts. https://hubs.li/Q02_R48W0

Forecasting energy demand during the holidays can be tricky. Arianna Goldstein's latest blog explores the effects of holidays and weekends on demand, the duck curve, and lighting load. https://hubs.li/Q02_rF2s0

This December has started with a chilly trend, with temperatures staying mainly below the 40s across the region. Fun fact: over the past 10 years, only 3 of the winter peaks occurred in December for PJM. The Climate Prediction Center is indicating a slight signal for a cooler-than-normal December for parts of the region, which has been seen so far this month. Given these conditions, it's important to remember that polar vortex events, though difficult to predict more than two weeks in advance, can never be ruled out. If a cold snap were to occur later in the month, we could see average December demand levels approach those seen in 2022. Thus far, PJM's winter peaks have been primarily weather-dependent. The December average demand peaks appear to be influenced by historical weather patterns, with 2022 standing out as an outlier due to Winter Storm Elliott, shown on the graph below. While we have yet to see a significant trend in demand increases, the potential is there; it's just a matter of when it will materialize. According to the PJM 2024 PJM Load Forecast report, winter peak load is expected to grow each year due to electrification, data centers, and EV charging, with the forecasted peak load reaching 163,069 MW by the 2033/34 winter. To put things into perspective, peak demand during Winter Storm Elliott was just shy of 135 GW in December of 2022. The question remains: when will we begin to see the demand growth accelerate exponentially? While this trend has been noticeable in ERCOT over the past few years, the big question is when that shift will become evident in PJM. One trend that is clear is the increase in PJM solar generation. Even with the interconnection queue backlog, we have seen steady year-over-year growth in average solar generation within PJM. The EIA-860 inventory report highlights that Ohio, Virginia, and Pennsylvania were the primary contributors to the large-scale solar capacity additions in 2023. With over 2 GW of solar capacity added to the grid so far in 2024, December is likely to see another noticeable rise in solar generation year over year. This growth trend is making the midday "duck curve" more pronounced and helping PJM move closer to its net-zero goals.

Meet Jess Smith, the newest addition to our European sales team. Before joining Amperon, Jess worked with fixed-income, foreign exchange, and energy traders. We are thrilled to have you on the team- welcome, Jess!