2GW milestone cements Habitat Energy’s position as leading global optimizer

Category: Global, News

Date: 3 June 2024

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Habitat Energy has cemented its position as a leading global optimizer of battery storage and renewable energy assets, growing its assets under contract to over 2GW.

Today the company operates across the UK, Australia and the USA, maximizing asset performance on behalf of battery storage and renewable energy asset owners and developers globally.

In the last year alone it has more than doubled its assets under contract, including contracting with UBS Asset Management to optimize 730MW of battery storage assets in ERCOT, Texas. The company is growing rapidly and has a substantial pipeline across all markets.

Habitat Energy’s EVOLVE optimization service is a fully integrated end-to-end solution combining AI-powered algorithmic forecasting and trading across all wholesale and ancillary markets, human trader oversight and risk management, and deep asset intelligence.

By fusing technology and human know-how the company is able to transact the right quantity of electricity at the right time in the right marketplace while optimally managing battery storage and renewable energy technologies.

Habitat Energy exists to be a positive force for a sustainable Earth and exceeding 2GW of assets under contract is a major milestone for us as we work to achieve this objective. We will continue to pioneer new technologies as we work with our clients to deliver the flexibility needed for a renewables-based energy system and drive investment in a low carbon world.

Andrew Luers, CEO, Habitat Energy
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