Core Insights - GridBeyond has launched a new tool called Designer in the Southwest Power Pool (SPP) to assist asset owners in planning, designing, and analyzing prospective investments, optimizing project planning and operations [1] - The Designer tool aims to maximize revenue from real-time markets and reduce energy spending while achieving other project goals such as carbon reduction [1] - The integration of renewable energy sources like wind and solar is increasing in SPP, necessitating the optimization of energy consumption and the use of digital platforms [1] Company Overview - GridBeyond's AI solution utilizes historical and forecasted energy prices, load and generation profiles, site-specific factors, and project configurations to identify optimal designs and operational strategies [1] - The Designer tool complements the recently launched Forecaster solution, providing a suite of tools for customers to explore various trading scenarios and quantify values related to different market participation strategies [1] Industry Context - In SPP, coal and natural gas are currently the primary sources of electricity generation, but wind and solar are becoming significant clean energy alternatives [1] - The rapid growth of large-scale battery investments and behind-the-meter installations in SPP is making real-time battery trading more complex, requiring advanced AI tools for decision-making [1] - Sean McEvoy, president of North America at GridBeyond, emphasized that Designer is built on the foundation of their accurate Forecaster to capture maximum value and generate higher revenues for grid-connected battery energy storage systems (BESS) [1]