PHILADELPHIA, PA — Customized Energy Solutions (CES) is celebrating its 25th anniversary. The company was initially founded to help energy retailers forecast revenue with MarketIQ, a tool that leveraged CES’ expertise in and reporting of ISO rule changes, trends, and activity.
Over the last quarter century, CES has evolved into a comprehensive operation with experts in retail energy services, energy generation, distributed energy resources, emerging technologies, and more. The company has more than 330 people spanning the globe and a suite of consulting and software solutions. Headquartered in Philadelphia, CES has a presence across North America, as well as satellite offices in India, Japan, and Vietnam. 2023 sees new offices opening in Dubai and the Netherlands, extending CES’ global footprint.
The expansion continues CES’ global impact of bringing scalable solutions to regions that don’t have electricity, a key focus and mission for CES Founder and President Stephen Fernands. According to the International Energy Agency, the number of people without electricity rose for the first time in 20 years in 2022, to 775 million across the globe.
“I started CES to assist these regions at the bottom of the pyramid and empower them with tools that create a more sustainable world. One of our first international ventures was 11 years ago when we began the India Energy Storage Alliance, and through our growth, we’re able to reach more underserved populations in a meaningful way,” Fernands said. “We are well-positioned to bring together technology providers and applications to address needs in a way that wasn’t possible when we started 25 years ago.”
Through its consulting and market operation services and software tools like CES|BLUE, CES|GridBOOST, CES|MarketIQ, CES|PowerGREEN, and more, CES has become an industry leader with a deep understanding of the energy markets of today and tomorrow.
To keep up with the growing demands of the industry, CES recently expanded its 24/7 Market Operations Center capacity, now monitoring and controlling over 300 power generation assets across the U.S., more energy than any other third-party provider in the country. The company continues to grow its retail team that manages more than 3 million electronic data interchange (EDI) transitions per month across over 900,000 active accounts, and is continuously testing new technologies and innovative energy solutions in its R&D lab.
“This is just the beginning for CES,” said Fernands. “The energy industry is constantly evolving, and CES has the expertise to help our clients stay ahead of the curve. We are a global leader in the energy industry, and we are committed to being at the forefront of innovation. Whatever the future holds for the energy industry, we will be there to help our clients succeed.”
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