Stem’s AI-Enabled PowerBidder™ Pro to Help Drive Returns for Second Asset in Mercuria Energy Trading ERCOT Portfolio
Stem (NYSE: STEM) announced that Mercuria Energy Trading has expanded its use of PowerBidder™ Pro to a second clean energy asset in ERCOT. The deployment was completed in under 60 days, demonstrating Stem's efficient software-centric strategy. This marks the second Mercuria asset utilizing PowerBidder Pro since Q3 2024.
The software provides automated bidding management, optimization strategies, and real-time performance metrics through intuitive dashboards. Mercuria's trading teams can customize configurations based on energy storage system constraints, contractual obligations, and risk management objectives in response to market conditions.
Stem (NYSE: STEM) ha annunciato che Mercuria Energy Trading ha ampliato l'uso di PowerBidder™ Pro a un secondo asset di energia pulita in ERCOT. L'implementazione è stata completata in meno di 60 giorni, dimostrando l'efficace strategia software-centrica di Stem. Questo segna il secondo asset di Mercuria che utilizza PowerBidder Pro dal terzo trimestre del 2024.
Il software offre gestione automatizzata delle offerte, strategie di ottimizzazione e metriche di performance in tempo reale attraverso cruscotti intuitivi. I team di trading di Mercuria possono personalizzare le configurazioni in base ai vincoli del sistema di accumulo energetico, agli obblighi contrattuali e agli obiettivi di gestione del rischio in risposta alle condizioni di mercato.
Stem (NYSE: STEM) anunció que Mercuria Energy Trading ha ampliado su uso de PowerBidder™ Pro a un segundo activo de energía limpia en ERCOT. La implementación se completó en menos de 60 días, demostrando la eficiente estrategia centrada en el software de Stem. Este es el segundo activo de Mercuria que utiliza PowerBidder Pro desde el tercer trimestre de 2024.
El software proporciona gestión automatizada de ofertas, estrategias de optimización y métricas de rendimiento en tiempo real a través de paneles intuitivos. Los equipos de trading de Mercuria pueden personalizar configuraciones basadas en las limitaciones del sistema de almacenamiento de energía, las obligaciones contractuales y los objetivos de gestión de riesgos en respuesta a las condiciones del mercado.
스템 (NYSE: STEM)은 머큐리아 에너지 트레이딩이 ERCOT에서 두 번째 청정 에너지 자산에 대해 파워비더™ 프로의 사용을 확장했다고 발표했습니다. 배포는 60일 이내에 완료되었으며, 이는 스템의 효율적인 소프트웨어 중심 전략을 입증합니다. 이는 2024년 3분기 이후 머큐리아 자산이 파워비더 프로를 활용하는 두 번째 사례입니다.
이 소프트웨어는 직관적인 대시보드를 통해 자동 입찰 관리, 최적화 전략 및 실시간 성능 지표를 제공합니다. 머큐리아의 거래팀은 시장 조건에 따라 에너지 저장 시스템의 제약, 계약 의무 및 리스크 관리 목표에 기반하여 구성 요소를 사용자 정의할 수 있습니다.
Stem (NYSE: STEM) a annoncé que Mercuria Energy Trading a élargi son utilisation de PowerBidder™ Pro à un deuxième actif d'énergie propre dans l'ERCOT. Le déploiement a été réalisé en moins de 60 jours, démontrant ainsi l'efficacité de la stratégie axée sur les logiciels de Stem. Il s'agit du deuxième actif de Mercuria à utiliser PowerBidder Pro depuis le troisième trimestre 2024.
Le logiciel propose une gestion automatisée des enchères, des stratégies d'optimisation et des indicateurs de performance en temps réel via des tableaux de bord intuitifs. Les équipes de trading de Mercuria peuvent personnaliser les configurations en fonction des contraintes du système de stockage d'énergie, des obligations contractuelles et des objectifs de gestion des risques en réponse aux conditions du marché.
Stem (NYSE: STEM) gab bekannt, dass Mercuria Energy Trading die Nutzung von PowerBidder™ Pro auf ein zweites sauberes Energieobjekt in ERCOT ausgeweitet hat. Die Implementierung wurde in weniger als 60 Tagen abgeschlossen, was die effiziente softwarezentrierte Strategie von Stem demonstriert. Dies ist das zweite Mercuria-Asset, das seit dem dritten Quartal 2024 PowerBidder Pro nutzt.
Die Software bietet automatisiertes Angebotsmanagement, Optimierungsstrategien und Echtzeit-Leistungskennzahlen über intuitive Dashboards. Die Handelsteams von Mercuria können Konfigurationen basierend auf den Beschränkungen des Energiespeichersystems, vertraglichen Verpflichtungen und Risikomanagementzielen in Reaktion auf Marktbedingungen anpassen.
- Rapid 60-day deployment timeline demonstrates efficient implementation capabilities
- Expansion of existing customer relationship with second asset adoption
- Strategic alignment with software-centric business model for scalable growth
- None.
Insights
The standardization of Stem's PowerBidder Pro across Mercuria's ERCOT portfolio marks a significant strategic advancement in energy trading optimization. The 60-day deployment timeline demonstrates exceptional operational efficiency, while the expansion to a second asset validates the software's market value. The partnership with Mercuria, a major energy trader, strengthens Stem's market position in the competitive ERCOT region.
The implementation of AI-driven bidding management represents a strategic shift towards automated trading solutions in the energy sector. This development could potentially enhance Stem's recurring revenue streams through software licensing and create a scalable business model. The successful deployment and client expansion signal strong product-market fit and could lead to further portfolio growth with other energy trading firms.
PowerBidder Pro's rapid integration capabilities and configurable architecture showcase significant technical advancement in energy trading software. The platform's ability to automate complex trading decisions while maintaining manual control options demonstrates sophisticated AI implementation. The real-time analytics dashboard and customizable trading strategies represent valuable technical differentiators in the energy management software market.
The system's flexibility to adapt to different risk management objectives and market conditions indicates robust architectural design. This scalable approach to software deployment could significantly reduce customer acquisition costs and implementation timelines for future clients, potentially improving Stem's operational margins.
60-day contract-to-deployment timeline exemplifies Stem’s software-centric strategy to maximize profitability and drive scalable growth
“Mercuria holds extensive expertise in the energy market but it’s imperative to have a technology partner to optimize this knowledge against evolving market dynamics. Stem’s PowerBidder Pro has effectively automated these complexities, allowing our traders to focus on strategic opportunities to maximize returns," said Cody Moore, Head of Gas and Power Trading at Mercuria. “PowerBidder Pro’s extensive configurability and quick integration timeline combined with the advanced automation capabilities have been valuable this year and are a strong differentiator. We appreciate Stem's strong partnership, technical product and market expertise, and excellent customer service from contract execution to operational support as Mercuria expands our clean energy asset portfolio within ERCOT."
“Participants in today’s highly complex wholesale power markets need trusted, proven partners with solutions that deliver high levels of performance, flexibility, and control. Regardless of a customer’s return objectives, risk appetite, and energy trading capabilities, Stem’s PowerBidder Pro empowers them with fully configurable strategies in automated or manual bidding mode, accompanied by analytics and insights that inform future decisions,” said Cedric Brehaut, Senior Vice President of Product at Stem. “Stem is proud of the proven value we have already delivered to Mercuria and of our growing partnership as a result. We look forward to continuing profitable growth in ERCOT.”
By standardizing on PowerBidder Pro across its portfolio, Mercuria expects to realize scaled benefits as its trading teams gain access to intuitive dashboards that organize real-time performance metrics, advanced forecasts and analytics, and customizable configurations necessary for tailoring trading strategies to each energy storage system’s constraints, contractual obligations, and Mercuria’s unique risk management objectives in response to volatile market conditions.
Learn more about PowerBidder Pro at stem.com/powerbidder-pro.
About Stem
Stem (NYSE: STEM) is a global leader in AI-enabled software and services that enable its customers to plan, deploy, and operate clean energy assets. The Company offers a complete set of solutions that transform how solar and energy storage projects are developed, built, and operated, including an integrated suite of software and edge products, and full lifecycle services from a team of leading experts. More than 16,000 global customers rely on Stem to maximize the value of their clean energy projects and portfolios. Learn more at stem.com.
About Mercuria Energy Trading
Established in 2004, Mercuria is one of the world's largest independent energy and commodity groups, revolutionizing the commodity value chain through technology, expertise, and low-carbon solutions. The company has firmly positioned itself as a leader in the energy transition, with over 50 percent of its new investments directed towards renewables and transitional energy. Mercuria has made substantial contributions to projects such as renewable power, energy storage, grid optimization, critical transition minerals recycling, and environmental products, showcasing its dedication to a sustainable future. www.mercuria.com.
Source: Stem, Inc.
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Stem Investor Contacts
Ted Durbin, Stem
Marc Silverberg, ICR
IR@stem.com
Stem Media Contact
Suraya Akbarzad, Stem
press@stem.com
Mercuria Media Contacts
Matt J. Lauer
Benoit Lioud
communications@mercuria.com
Source: Stem, Inc.
FAQ
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