Tyba

As 2024 draws to a close, we’re reflecting on an incredible year of growth and progress — both here at Tyba and across the broader #renewableenergy landscape. It has become increasingly clear that #energystorage will be integral to achieving a reliable, clean electricity grid. To make the operation of these assets scalable and profitable for energy companies, we’ve been working to help: 🚀  Get to revenue generation faster and move seamlessly with a repeatable “go-live” playbook 🎮  Maintain strategy control of your asset during live operations with simple strategy customization and control levers 🔍  Seamlessly design your next project with improved modeling velocity and effectiveness We are grateful for the strides made this year, and look forward to 2025 has in store! https://lnkd.in/deN5NKmP

The rollout of NPRRs 1149 and 1186 in #ERCOT introduced stricter state of charge monitoring and automatic clawbacks for assets unable to meet their Ancillary Service (AS) obligations. At the same time, median AS prices are down over 50% year-over-year. How are top #energystorage asset operators responding? TL;DR: Operators with the highest revenue outcomes have pivoted to more balanced bidding strategies, and are seeing a larger percentage of revenue come from energy arbitrage. Breaking down ERCOT’s 60D disclosure data, we see:  ▶️ May/June 2024: ~75% of revenue came from AS ▶️ July/August 2024: ~40% of revenue came from AS Gone are the days when storage operators can commit all or most of their capacity to up AS products hour-over-hour and expect to be successful. The future will require operators to be selective about which products they commit to, in which time periods, to maximize revenue and manage state of charge.    https://lnkd.in/g3eGvV96

Last week, we had the opportunity to connect with leaders in energy storage development, operations, and finance at the first inaugural Battery Asset Management Summit ⚡ Nearly 300 attendees gathered in San Diego to discuss how they are approaching energy storage today, and think through strategies to ensure their long-term viability. Reflecting on two days filled with insightful panels and conversations, a few key themes emerged: 🔋 Energy storage is a new and unique asset class. The industry is figuring it out. ⏩ The rate of change will not slow down. 🎮 Operators will need solutions that enable automation, without sacrificing control. Check out our latest blog for additional details: https://lnkd.in/g_TYipGp And, big thank you to Colin Tareila and Tom Thunell for your insights! #BAM24 #BatterySummit

This past Sunday, November 10th, real-time #energy prices in #ERCOT skyrocketed, hitting near the market cap of $5,000 just after 7pm CT. For many, this late-evening spike came as a surprise – and serves as a powerful reminder of the need for adaptability in a fast-changing market. In our latest blog post, we break down the events that shaped November 10th’s price formation including: 🌥 Low net load 🔋 Early BESS deployments 🕦 AS deployment timing Dive into the factors that contributed to this spike, and how operators can increase their odds of hitting them. https://lnkd.in/gPp6mp6r

If you're attending the #BatteryAssetManagement Summit next week, don't miss our co-founder Tom Thunell on the "Revenue and Trading: Unlocking the Value of Your Asset" panel! It will be a great discussion for #BESS operators interested in how dynamic asset management can enhance revenue outcomes. We will also be on-site throughout the conference, so don't hesitate to reach out if you want to talk about your #energystorage operating strategy in more detail.

🌱 Meet Tyba, an innovative startup featured in the #TotalEnergiesOn corporate program, in partnership with Incubateur HEC Paris. #Tyba is revolutionizing the energy sector with its automated trading platform, specifically designed for managing market-leading electricity storage projects. Using AI-powered forecasting and optimization solutions, 𝐓𝐲𝐛𝐚 helps storage asset owners operate more efficiently. As Tom Thunell, Tyba’s co-founder, explains, the platform is designed to optimize storage operations, automating dispatch, state of charge management, and offering built-in controls for operators to adjust their strategies. This is another great example of how #startups are leveraging cutting-edge technology to align with TotalEnergies' mission to drive #sustainable innovation. 💡 Watch this short video to see how 𝐓𝐲𝐛𝐚 is advancing this mission, and how their participation in the 𝐓𝐨𝐭𝐚𝐥𝐄𝐧𝐞𝐫𝐠𝐢𝐞𝐬𝐎𝐧 program is helping them scale and thrive! 🚀 🚨⏳ Last call to join #Batch5 of the #TotalEnergiesOn accelerator program! Applications close on October 31st, so don’t miss your chance! 🌍⚡️ Remeber what’s in it for you? - 🚀 6 months of acceleration from January to June 2025 - 🤝 Exclusive access to TotalEnergies experts, infrastructure, and a testing ground for your solutions - 🌟 A Demo Day with TotalEnergies’ CEO and top management - 🧠 Startup mentoring, business coaching, and support from Incubateur HEC Paris to overcome entrepreneurial challenges - 🌐 Key connections within the #ecosystem to help your startup grow - 💼 Offices at STATION F, the world’s largest startup campus 👇 Link here! ⚡🌞🌀🌊 https://lnkd.in/erMMvWsE Nivine H.Moussa | Fanny Lamy | Antoine Lepretre | Francois Badoual | Sophie Mouligneau | Olivier Pernet | Deyanira Ricaurte | Nicolas Beaumont | Inge Kerkloh-Devif | Thiago Penteado #MakeitHappen #MakeitBIG #Innovation #Startups #Sustainability #EnergyTransition #HECParis #TotalEnergiesOn #Entrepreneurship #TechForGood #Electricity #RenewableEnergy

Tyba is growing! With such great momentum this past year, we are excited to build out the team and scale our mission to power the clean energy transition through profitable energy storage operations. We have exciting opportunities open across the organization. If you, or anyone in your network, are eager to join a fast-growing team that is building advanced technology to drive impact in the energy sector, please reach out! Explore open roles: https://lnkd.in/ea7gKdZu #hiring #energytransition #renewablenergy #careersinclimate

We are heading to the inaugural Battery Asset Management Summit in San Diego from November 12-13 🔋 ⚡ Excited to connect with others leading the charge in #energystorage - and collaborate to ensure that batteries deliver strong, sustainable returns for operators as they support reliable grid decarbonization. If you’ll be in town… 📈 Catch Tom Thunell speaking on the keynote panel “Revenue and Trading: Unlocking the Value of Your Asset.” He’ll be sharing actionable strategy tips, and real examples of how operators have been able to maximize revenue, without taking undue risk. (More details on the panel: http://bit.ly/4hhpYL4) 👋 Reach out! Tom Thunell and Darcy Monaghan will be on-site and are eager to connect with folks thinking through their operating approach. Whether you’re working through an initial operating strategy, looking to automate responsive / data-intensive tasks, or you’re just curious to talk about operating nuances, we’d love to chat! #StorageSummit #BatteryStorage #RenewableEnergy #BAMSUSA

We’re just getting started! 🚀 This summer, we’ve worked closely with the TotalEnergies team to implement their first US #energystorage asset. Our Asset Operations Platform balances automation with built-in operator controls, so the TotalEnergies team can maintain strategic oversight, and scale their impact. For innovative start-ups in the energy sector looking to accelerate their impact, check out the #TotalEnergiesOn program!

Are you considering being a part of the tens of GWs of energy storage planned to go live in #ERCOT in the coming years? Preparing to operate – then operating in a revenue maximizing manner - can feel daunting. While a lot of factors contribute to effective #energystorage asset operations, there are a few underlying principles that we recommend:     🎯 Start early! Hone your bidding strategy by running shadow simulations (bid your storage asset as though it were operating) and review performance. How much revenue did your approach return? How did it compare to peer assets? ⚖ Balance ancillary services with energy arbitrage to ensure you are optimizing for the highest potential market products each day – and protecting against Failure to Provide risk (running out of charge before an AS obligation committed to in the day ahead, rendering you unable to provide the promised capacity if it is called). 🔀 Leave flexibility for real time adjustments. The market is volatile. Top operators have the ability to adjust their approach (either by intervening or through an optimizer that accounts for real time fluctuations) so they don’t miss an unexpected peak.