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We facilitate Battery Energy Storage Systems (BESS) development, optimize performance, and maximize ROI
Key Platform Features for Developers and Asset Owners:
  • Revenue certainty
  • Advanced trading optimization
With decades of industry experience, our team combines deep trading and technical expertise with financial acumen to deliver superior returns in today's dynamic energy market. Our platform creates value throughout the BESS lifecycle, from development to operations.
Market Growth
ERCOT has over 150 GW of BESS in the queue with attractive economics, representing one of the fastest-growing segments in the energy sector.
Market Drivers
Several key factors are accelerating BESS adoption:
  • Need to balance intermittent solar and wind generation
  • Unprecedented load growth from data centers and industrial expansion
  • IRA tax benefits providing 30%+ investment credits
  • Grid resilience during extreme weather events
  • Declining battery costs
Strategic Advantages
BESS assets offer important capabilities in the evolving energy landscape:
  • Fast deployment compared to traditional generation
  • Critical role in grid reliability
  • Modular design allowing for phased implementation
  • Lower environmental impact
  • Revenue stacking across multiple value streams
In ERCOT specifically, BESS assets have demonstrated exceptional value by supporting system reliability during peak demand periods and grid stress events.
The Problem: Revenue Uncertainty & Complexity
BESS require complex optimization and face significant challenges in today's volatile energy markets, creating substantial revenue uncertainty that impacts financing, operations, and long-term viability.
Financing Challenges
BESS sponsors often require long-term contracted revenue to mitigate commodity price risk. Lack of predictable cash flows makes financing costlier and can threaten project viability.
Investment Mandates
Institutional investors' risk limits often constrain merchant exposure and need some revenue certainty.
Optimization Complexity
Some operating BESS underperform due to their trading and AI strategies. Many operators lack the algorithms and expertise needed to maximize revenue across multiple value streams.
Regulatory Uncertainty
Evolving market rules and compensation structures create additional revenue risk. BESS asset managers need to adapt to changing participation models and market designs.
These challenges create a significant barrier to scaling BESS deployment at the pace needed to meet load growth, despite the clear technical benefits these systems provide to the grid.
Our Solutions: Flexible Service Options
Our customizable engagement models allow asset owners to select the optimal balance of revenue certainty, risk, and operational control that aligns with their investment objectives.
Full Toll
CMS provides fully contracted revenue, with no commodity risk exposure. This model maximizes asset owner certainty. We absorb all market price risk, allowing owners to focus on their core business.
Partial Toll
CMS offers partially contracted revenue and shared upside. This balanced approach offers substantial revenue certainty while still allowing market participation. We optimize returns and efficiently manage market volatility.
Guaranteed Revenue Floor
CMS guarantees minimum revenue. This option provides downside protection with significant upside potential, creating a balance between certainty and opportunity.
Energy Management
CMS provides optimization service. Owners maximize market participation and leverage our expertise while maintaining decision-making authority. Perfect for owners who want active involvement with expert guidance.
Each service option can be tailored to specific project requirements, market conditions, and investment objectives. Our team works closely with asset owners to determine the optimal structure based on risk tolerance, revenue goals, and desired level of involvement in day-to-day operations.
Superior Performance Record
2023 EROCT BESS Annual Revenue
Our team consistently delivers top-tier BESS optimization and revenue generation across multiple markets. With decades of combined experience, our experts have developed proprietary algorithms that maximize asset performance within risk limits.
Projects managed by our leadership have demonstrated superior performance in both ERCOT and nationwide studies. In ERCOT, our systems have achieved 40% higher revenues than industry averages.
Our performance excellence stems from three core competencies:
  • Advanced trading and ML algorithms, advised and supervised by some of the most experienced asset traders
  • Real-time dispatch optimization that captures value during critical market events
  • Comprehensive risk management strategies that protect asset value
This track record positions us as the premier partner for battery storage asset owners seeking to maximize returns while minimizing operational complexity.
World-Class Leadership Team
Joe Crespo, PhD
Joe previously co-founded Genbright, acquired by Engie in 2019, which specialized in merchant asset management for renewable generation and battery storage. He previously worked at Edison Mission Marketing and Trading (EMMT).
Petar Litchev
Petar previously served as Chief Revenue Officer for Eolian's top-performing BESS portfolio. With 20+ years of experience in Asset Management and Market Risk for EMMT.
Jesse Allen
Jesse brings 25+ years of expertise in business management, real estate, and finance. He leads the company's greenfield development strategy, managing standalone battery storage projects from inception to completion.
Jamil Egdemir, PhD
Jamil manages portfolio development, analysis platform, and strategies that capitalize on market opportunities. He is currently focused on our battery tolling business, optimizing asset performance, and trading strategy. Jamil previously worked at EMMT.