BID OPTIMIZATION

BID OPTIMIZATION

AND TRADING SERVICE

SERVICE OVERVIEW

Fractal Bid Optimization and Trading Services enable energy storage operators and merchant asset owners to maximize project rate of return. The services combine market expertise, in-house forecasts, a Digital Twin, and proprietary machine learning software to generate dispatch schedules that maximize profitability, while accounting for costs (losses, degradation, and auxiliary loads).

Fractal’s proprietary “Fractal Optimizer” is a dispatch optimization software for standalone storage and PV+S assets. The Fractal Optimizer combines our in-house forecasts and Digital Twin, with linear optimization methods to generate dispatch schedules that maximize profitability, while accounting for costs (losses, degradation, and auxiliary loads). Our analysts use the Fractal Optimizer to evaluate the physical and financial impacts of millions strategies, while accounting technical limitations (SOC, DOD, warranty restrictions).

Fractal Bid Optimization and Trading Service deliverables include:

  • Full-Time Dedicated Analyst / POC
  • Daily Day Ahead and Real Time Energy and Ancillary Service Price Forecasts
  • Daily Bid Optimization Using Fractal Optimizer
  • Daily Offer Curve Submission to QSE/SC
  • Monthly Detailed Performance and Benchmarking Report
  • Monthly ISO/RTO Settlements Review
  • Quarterly Digital Twin Calibration
Unmatched Experience
  • Over a decade of storage technoeconomic modeling, due diligence and market analysis across 1,000+ projects
  • 8.3 GWh of battery storage in operations
High Cyber Security
  • Software and processes governed by NIST Cybersecurity Framework
  • NERC CIP Medium 24/7 remote operation center
  • In-house software development and IT/cyber personnel (no contractors)
Robust Software
  • Sophisticated in-house software tools to forecast revenue and costs to achieve bid optimization while properly accounting for financial, technical and commercial conditions
  • Fractal’s vertical integration across price forecast, bid optimization, trading services and monitoring enables superior performance
Superior Performance
  • Market leading performance record
  • Achieving 88-90% of perfect revenue in ERCOT

 

 

 

 

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