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Who is Concurrent?

Your Partner in Energy Storage Asset Management

Concurrent specializes in managing and optimizing utility-scale battery energy storage systems (BESS) through innovative financial strategies. We partner with developers and asset owners to unlock the full potential of their projects by offering tailored tolling agreements, advanced market optimization, and risk-managed revenue strategies. Our focus is on rapidly aggregating and managing BESS assets to stabilize electricity grids, enhance profitability, and support the energy transition. At Concurrent, we make energy smarter.

Why build a Portfolio of Battery Energy Storage Systems (BESS)?

At Concurrent, our mission is to create a diverse and rapidly growing portfolio of battery energy storage systems (BESS) that play a pivotal role in stabilizing and optimizing the energy grid. By aggregating and managing multiple BESS assets, we unlock efficiencies and maximize the value of these systems while supporting the transition to a clean energy future.

As renewable energy sources like wind and solar become a larger part of the energy mix, our strategically managed BESS portfolio provides the flexibility, reliability, and stability needed to balance intermittent supply with growing demand. Acting as “peaking capacity” in ERCOT and other deregulated energy markets, these 3-to-4-hour batteries ensure smooth grid operation while delivering enhanced returns for asset owners through our advanced optimization strategies.

In short, a well-managed portfolio of large-scale battery storage assets is critical not only to the long-term reliability of a clean energy grid but also to unlocking the full market potential of energy storage.

The Concurrent Difference

We Enable Scalable, High-Value Energy Storage Solutions

At Concurrent, our innovative approach focuses on rapidly aggregating and managing battery energy storage systems (BESS) to create scalable, high-value portfolios. Our expertise lies in securing proprietary tolling agreements, optimizing asset performance, and leveraging a world-class trading platform to maximize returns.
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Proprietary Deal Flow

Our extensive network and deep industry relationships provide unparalleled access to high-potential BESS projects, including operational systems and under-development assets. This ensures a steady pipeline of opportunities tailored to our strategy of rapid portfolio growth through tolling agreements.

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Top-Tier BESS Asset Management Experience

With years of expertise in BESS operations, we deliver best-in-class asset management that maximizes system performance and enhances efficiency. From strategic siting to real-time performance monitoring, we ensure that assets achieve optimal returns while providing critical flexibility and stability to the grid.

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Trading DNA and a World-Class Trading Platform

Leveraging advanced analytics and proprietary tools, our trading platform allows us to optimize revenue streams across multiple ISOs. By combining deep market expertise with cutting-edge technology, we capture market opportunities, hedge risks effectively, and create significant upside for our partners.

Supporting the Grid

With Renewable Energy Storage Systems

As electrical grids increasingly rely on renewable energy sources to meet growing demand, Concurrent focuses on integrating energy storage projects that act as “peaking capacity” in ERCOT, SPP, and other deregulated energy markets. By addressing the unique challenges of balancing renewable energy intermittency, we provide solutions that enhance grid reliability and flexibility.

 

Renewable energy power generation is rapidly replacing coal and natural gas, aka renewable penetration. There is no denying renewable power’s growth globally, accounting for one third of all electricity generation. Renewable energy (energy derived from natural sources like sun/wind), is the fastest growing energy source in this country.

Population growth and increased electrification across deregulated markets like ERCOT and SPP have driven a significant rise in electricity demand. For instance, between 2008 and 2022, Texas’ population grew by 24%, while the On-Demand Dispatchable Power Supply only grew by 1.5%, according to Texas PUC Chairman Peter Lake. Similarly, SPP continues to see demand spikes driven by renewable integration and regional population shifts. In this evolving landscape, the risk of power shortages grows as renewable production dips during evening hours.

Energy storage plays a vital role in addressing the intermittency of renewable energy across ISOs. However, many existing and planned projects provide only one to two hours of storage capacity, which is insufficient to address growing “net load” gaps—defined as demand minus renewable production. Concurrent focuses on longer-duration batteries (3-4 hours) that better align with peak demand periods, offering critical grid stability and supporting broader renewable integration.

Concurrent’s solutions are designed to work across markets, enabling scalable energy storage that balances the unique needs of each ISO. In ERCOT and SPP, our approach ensures grid operators and stakeholders can rely on flexible, dispatchable storage solutions that provide much-needed capacity during peak demand periods.

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Schedule a Consultation

Talk with one of our advisors to discuss BESS investment opportunities or to learn more about developing a battery energy storage system on your property.