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Smart energy company GridBeyond successfully calls #4CP periods in ERCOT GridBeyond’s model and machine learning has successfully #forecast 4CP periods in ERCOT with fewer dispatches than the industry benchmark delivering great savings for Texas businesses during the summer months. In the ERCOT market demand charges are managed through the Four Coincident Peak (4CP) program. Demand in Texas typically peaks during summer months due to heat waves and increased air conditioning use, which strains the electricity grid. GridBeyond’s platform is trained to recognize the behaviors of weather, congestion, demand patterns, supply expectations etc, providing accurate predictions on when businesses should reduce energy consumption to generate cost savings. https://lnkd.in/eqMS45kH #peakenergymanagement #smartenergymanagement #energystrategy #energytransition #savings #revenues #ai

GridBeyond 4CP management strategy increases uptime in ERCOT

GridBeyond 4CP management strategy increases uptime in ERCOT

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