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NEWS
Stem's AI-Enabled PowerBidder™ Pro to Help Drive Returns for Second Asset in Mercuria Energy Trading ERCOT Portfolio
Tuesday, 17th December at 8:30 am
60-day contract-to-deployment timeline exemplifies Stem's software-centric strategy to maximize profitability and drive scalable growth
Stem (NYSE: STEM) ("Stem" or the "Company"), a global leader in artificial intelligence (AI)-enabled clean energy software and services, today announced that Mercuria Energy Trading, a leading global energy trader, has standardized on Stem's PowerBidder™ Pro to support bidding management and optimization strategies for a second clean energy asset within the Electric Reliability Council of Texas (ERCOT). Deployed fewer than 60 days after contracting, the software's industry-leading integration and configuration capabilities enabled an accelerated timeline for Mercuria's trading teams to take control of the asset. This is the second Mercuria asset supported by Stem's PowerBidder Pro since Q3 2024, representing success for Stem's refined software and services-centric strategy in driving predictable, scalable growth and profitability for the Company.
Tuesday, 17th December at 8:30 am
60-day contract-to-deployment timeline exemplifies Stem's software-centric strategy to maximize profitability and drive scalable growth
Stem (NYSE: STEM) ("Stem" or the "Company"), a global leader in artificial intelligence (AI)-enabled clean energy software and services, today announced that Mercuria Energy Trading, a leading global energy trader, has standardized on Stem's PowerBidder™ Pro to support bidding management and optimization strategies for a second clean energy asset within the Electric Reliability Council of Texas (ERCOT). Deployed fewer than 60 days after contracting, the software's industry-leading integration and configuration capabilities enabled an accelerated timeline for Mercuria's trading teams to take control of the asset. This is the second Mercuria asset supported by Stem's PowerBidder Pro since Q3 2024, representing success for Stem's refined software and services-centric strategy in driving predictable, scalable growth and profitability for the Company.
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