Press Releases
07/29/2025
Avangrid, Tyba Complete Pilot to Advance Battery Energy Storage Systems
Avangrid, Tyba Complete Pilot to Advance Battery Energy Storage Systems
Avangrid works with Tyba to enhance energy storage development strategy and identify potential locations for siting storage assets
Orange, CT — July 29, 2025 — Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced it has successfully completed a strategic pilot project with Tyba, an energy analytics and optimization platform, to enhance its battery energy storage system (BESS) modeling and identify potential locations for siting storage infrastructure across U.S. power markets. The initiative was designed to support Avangrid’s evaluation of standalone and hybrid storage assets, improve revenue forecasting, and build internal expertise in the rapidly evolving U.S. storage landscape.
“As energy demand continues to surge across the country, battery storage will become increasingly critical for reliable energy supply,” said Avangrid CEO Jose Antonio Miranda. “This pilot project with Tyba is just one example of Avangrid’s approach to investing in innovative and forward-thinking solutions that enhance our own operations while helping the U.S. meet its energy needs.”
“It has been great to partner with Avangrid as they advance their efforts in the energy storage sector," said Tom Thunell, Tyba’s Co-Founder and COO. "When honing an energy storage investment case, it is critical to understand how the battery will get its revenue. Tyba’s platform simulates battery operations – informed by experience optimizing over 2GWh of operating storage – to demonstrate not only how much a project may return, but how it will operate to achieve those outcomes.”
Throughout the pilot, Avangrid´s teams collaborated closely with Tyba through weekly working sessions and engagement. The project focused on leveraging Tyba’s platform to simulate BESS operations across approximately 2,400 locations in seven U.S. regional grid operators and independent system operators.
A key innovation in the pilot was the use of new pricing metrics to estimate battery energy storage systems revenue between the highest and lowest electricity prices each day. Tyba’s platform enabled Avangrid analysts to screen for price volatility and identify the best locations for siting projects. This provided Avangrid with an enhanced understanding of where battery energy storage systems could provide the greatest return on investment.
Tyba’s software also allowed Avangrid to simulate BESS operations under different market conditions, using both past and projected electricity prices. It allowed Avangrid to fine-tune battery charging and discharging strategies in real-time, day-ahead, and ancillary services (back-up power) markets, and run hundreds of stimulations tailored to each regional grid operator.
Avangrid is constantly evaluating opportunities to meet customer needs by incorporating energy storage into future projects as a key component of its comprehensive, cost-effective energy solutions.
About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine and Oregon, including operations in 23 states with approximately $47 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2025 for the fifth consecutive year. The company was named among the World’s Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
