, /PRNewswire/ — Avathon, provider of an AI platform for industrial operations, has deployed its Industrial AI platform to optimize four projects that collectively represent 730 MW of capacity in a battery energy storage-focused investment strategy at UBS Asset Management.
In 2022, UBS Asset Management acquired four Electric Reliability Council of Texas (ERCOT) energy storage projects. The projects, which will become operational in 2024 and early 2025, provide flexibility, responsiveness, and dispatchability to the grid.
“Integrating Avathon’s Industrial AI platform will allow us to focus on operations and asset management tasks that directly benefit the profitability of our commercial battery storage investment projects. The use of generative AI for compliance management alone is a value-add, on top of the many other features,” said Mark Saunders, co-head of Energy Storage Infrastructure, UBS Asset Management.
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