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Retail Supplier Touts "Major Growth"; Storage Business Surpasses 1 GWh Under Management

December 10, 2024

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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Gridmatic said that its storage business has inked a total of 300 MW / 1 GWh under management

Gridmatic said that its ERCOT BESS revenue in the first half of 2024 was $113/kW/year annualized, which the company said is a 61% revenue uplift versus the average ERCOT revenue of $70/kW/year annualized for the same time period.

Gridmatic also said that its retail electric business, "has grown significantly, and is serving a diverse book of commercial and large data-center opportunities."

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