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DEAR0001281

Cooperative Agreement

Overview

Grant Description
Energy Trading Analytics, LLC
Control Number 2171-1575

Perform

This Cooperative Agreement is awarded to Energy Trading Analytics LLC for a project entitled "Stochastic Market Auction Redesigned Trading System (SMARTS)". This award is being made in accordance with FOA Number DE-FOA-0002171 (Perform) and Application Control Number 2171-1575.
Awardee
Energy Trading Analytics
Funding Goals
OPTIMAL UTILIZATION OF ALL GRID ASSETS REQUIRES A FUNDAMENTAL SHIFT IN GRID MANAGEMENT ROOTED IN AN UNDERSTANDING OF ASSET RISK AND SYSTEM RISK. ARPA-E SEEKS INNOVATIVE MANAGEMENT SYSTEMS THAT (I) REPRESENT THE RELATIVE DELIVERY RISK OF EACH ASSET AND (II) BALANCE THE COLLECTIVE RISK OF ALL ASSETS ACROSS THE GRID. A RISK-DRIVEN PARADIGM WILL ALLOW OPERATORS TO FULLY UNDERSTAND THE TRUE LIKELIHOOD OF MAINTAINING A SUPPLY-DEMAND BALANCE AND SYSTEM RELIABILITY; THIS IS CRITICAL FOR ALL POWER SYSTEMS AND IS ESSENTIAL FOR GRIDS WITH HIGH LEVELS OF STOCHASTIC RESOURCES.
Grant Program (CFDA)
81.135 - Advanced Research Projects Agency - Energy
Awarding / Funding Agency
Advanced Research Projects Agency - Energy (ARPA-E) [DOE]
Place of Performance
Phoenixville, Pennsylvania United States
Geographic Scope
City-Wide
Related Opportunity
PERFORMANCE-BASED ENERGY RESOURCE FEEDBACK, OPTIMIZATION, AND RISK MANAGEMENT (PERFORM) (DE-FOA-0002171)
Analysis Notes
Amendment Since initial award the total obligations have decreased 18% from $3,360,000 to $2,753,650.
Energy Trading Analytics was awarded SMARTS: Stochastic Market Auction Redesigned Trading System Cooperative Agreement DEAR0001281 worth $2,753,650 from Advanced Research Projects Agency - Energy in October 2020 with work to be completed primarily in Phoenixville Pennsylvania United States. The grant has a duration of 3 years and was awarded through assistance program 81.135 Advanced Research Projects Agency - Energy. The Cooperative Agreement was awarded through grant opportunity PERFORMANCE-BASED ENERGY RESOURCE FEEDBACK, OPTIMIZATION, AND RISK MANAGEMENT (PERFORM).

Status
(Complete)

Last Modified 4/29/25

Period of Performance
10/1/20
Start Date
9/30/23
End Date
100% Complete

Funding Split
$2.8M
Federal Obligation
$0.0
Non-Federal Obligation
$2.8M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEAR0001281

Transaction History

Modifications to DEAR0001281

Additional Detail

Award ID FAIN
DEAR0001281
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
897030 ADVANCED RSRCH PROJ AGENCY ARPA-E
Funding Office
897002 ADVANCED RSRCH PROJ AGENCY ARPA-E
Awardee UEI
JPLHT21NJUF9
Awardee CAGE
8NDB7
Performance District
PA-04
Senators
Robert Casey
John Fetterman

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Advanced Research Projects Agency-Energy, Energy Programs, Energy (089-0337) Energy supply Research and development contracts (25.5) $3,360,000 100%
Modified: 4/29/25