Martin Anderson

Research Leader
Aurora Energy Research
martin

Martin leads Aurora’s US Research team, responsible for all North America power market analytics and modelling. With over nine years of professional experience in the industry, he has advised governments, investors, utilities, and system operators on how best to navigate the energy transition. He is also the lead author of flagship reports on how to manage merchant risk in renewables projects, including portfolio diversification, corporate PPAs, and robust quantification of downside risk. Prior to Aurora, Martin led analytical projects at IBM’s consultancy division. He holds a Masters in Sustainable Energy Systems from the University of Edinburgh and a Masters in Math and Economics from the University of Warwick.

07 Oct
11:15
 - 11:45 Eastern Standard Time (EST)
Presentation

With renewables investment driving the need for increased system flexibility, battery storage will play an important role in the energy transition. Taking ERCOT as a case study, we assess the investment case for merchant batteries, including:

  • What are some of the key risks and financing challenges for merchant batteries?
  • How have existing batteries performed in ERCOT to date, including Storm Uri?
  • How quickly will Ancillary Service markets in ERCOT saturate and what impact will this have on project returns? How have other regions' Ancillary Service markets responded to an increase in battery participation?
  • How much value is there in wholesale price arbitrage?
  • Can co-locating with solar provide additional benefits relative to standalone assets?