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
Tyba
Software Development
Enabling the clean energy transition through profitable, scalable energy storage operations.
About us
Tyba was founded to improve energy storage modeling and operating methods, enabling developers, owners, and operators to optimize their assets and realize greater returns. Renewable energy projects are essential to combat climate change – and secure financial returns for energy producers and investors alike. In a complex and changing environment, Tyba ensures revenue optimization and grid decarbonization can go hand-in-hand.
- Website
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https://www.tyba.ai/
External link for Tyba
- Industry
- Software Development
- Company size
- 11-50 employees
- Type
- Privately Held
Employees at Tyba
Updates
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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
ERCOT: Breaking down the November 10th price spike
tyba.ai
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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.
🔋 Explore Revenue & Trading at the Battery Asset Management Summit USA! 🔋 Don't miss our second keynote panel, "Revenue and Trading: Unlocking the Value of Your Asset"! Discover how to maximize your battery assets' earning potential through strategic revenue channels, dynamic participation, and smart pricing. Panel Moderator: Ajit Gopalakrishnan | Senior Manager, Quantitative Analytics, Cypress Creek Renewables Expert Speakers: Casey Keller | Founding Partner, Caerus Commodities Dr. Yinghuang Ji | Head of Structuring, MN8 Energy Gary Cate | Director, Electricity Market Design, Fluence Tom Thunell | Co-Founder & COO, Tyba Christian Hofer | VP of Market Operations, Key Capture Energy This is your chance to get the latest insights on revenue optimization from top leaders in the industry. Secure your spot now to unlock the value of your assets! https://bit.ly/3vOWEZH #BAM24 #BatteryAssetManagementSummit #RevenueStreams #EnergyStorage #BatteryInnovation
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Tyba reposted this
🌱 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
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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
Careers
tyba.ai
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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
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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!
Wonder how stored electricity is dispatched? With forecasting and optimization software, renewable energy storage operators can adjust their strategies quickly. That’s why Tyba has designed Auto-bidder, an automated trading platform created to operate batteries on various types of spot markets and electricity reserves. Like Tyba, don't miss your chance to boost your journey in #power & #renewables and join our startup accelerator today! Apply by October 18th 🚀 https://lnkd.in/eRF8qk55
Discover Tyba
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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.
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Curious what it takes to keep energy storage assets optimized and profitable in one of the most dynamic #PowerMarkets? From planning an approach in the day ahead to real time adjustments based on evolving price forecasts and an asset’s state of charge, storage operations can be all-encompassing. Here is a peak at what a day-in-the-life of a #BESS operator in #ERCOT looks like – and how advanced technology can support operating excellence, and scalability.
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It is no secret that #ERCOT is one of, if not the, most lucrative markets for #energystorage operators. But it is also one of the most complex. In the hopes of smoothing the path for more storage asset operators, we've created a series of foundational resources to help: 💡 Break down the market 🛤 Overview the path to bring an asset online 📈 Share details on winning operating strategies ✍ Outline recent regulatory changes Is there a specific topic you hope we cover? Drop it in the comments or send us a message!
Operating storage assets in ERCOT
marketintel.tyba.ai