Grid Status Launches Solution for Analyzing Power Market and Grid Data on Snowflake Marketplace

Joint customers can leverage power market data from Grid Status to track grid conditions, analyze pricing, forecast outcomes, and monitor market participant behavior. 

CHICAGO, Feb. 18, 2025 /PRNewswire/ -- Grid Status today announced the launch of its comprehensive power market datasets on Snowflake Marketplace. Grid Status's availability on Snowflake Marketplace provides instant access to low latency real-time and historical data that enables traders, operators, and developers to perform complex analysis and train AI models.

"We've been testing and improving this offering with select customers for nearly a year," said Max Kanter, Founder and CEO at Grid Status. "Our engineering team has done fantastic work to ensure our cleaned and standardized data is available on Snowflake within minutes of being published, so our customers can rely on it for their business-critical decisions."

Grid Status' offering is the easiest and fastest way for data scientists and analysts to access data about supply, demand, and operations of energy markets. It eliminates the hassle of complex data integration, ensuring smooth and accurate processes for high-stakes energy trading and operational decision-making.

"Grid Status on Snowflake has been a game changer for Cypress Creek Renewables, enabling us to analyze large volumes of historical market data and gain a deeper understanding of energy markets to optimize asset operations," said Ajit Gopalakrishnan, Senior Manager, Quantitative Analytics at Cypress Creek Renewables. "The low latency of the data has also allowed us to seamlessly integrate Grid Status's offering into our real-time dashboards and machine learning models, significantly enhancing our decision-making processes."

Grid Status and Snowflake, the AI Data Cloud company, are working together to help joint customers make  informed business decisions and drive innovation.

Joint customers can leverage Grid Status's data to quickly create market insights, allowing them to improve accuracy when navigating energy markets, manage financial risk, and optimize asset management.

"By bringing its comprehensive power market datasets to Snowflake Marketplace, Grid Status is making energy data more accessible and actionable for our joint customers," said Tim Long, Global Industry GTM Lead for Manufacturing at Snowflake. "This collaboration enables near real-time access to critical insights natively within the customer's Snowflake environment."

Snowflake Marketplace helps companies expand what's possible with data and AI through third-party data, apps and AI products. With on-platform purchasing and immediate access to data products, Snowflake Marketplace lowers integration costs and streamlines procurement processes. By delivering data, apps and AI products directly to the customers' data, providers deliver a superior customer experience and see  accelerated revenue growth and increased margins. To learn more about Snowflake Marketplace and how to find, try and buy third-party products to accelerate your analytics, app development and AI initiatives, click here.

About Grid Status

Grid Status is a data company dedicated to helping customers navigate complex energy markets. Our platform offers reliable access to real-time and historical data, along with analytical tools to analyze it. Energy traders, asset operators, developers, and thousands of other stakeholders rely on our technology for informed decision-making. Grid Status is the data team for the energy industry. For more information about Grid Status, visit https://www.gridstatus.io.

SOURCE Grid Status