Ascend Analytics Forecasts Energy Savings for Retail
Ascend Analytics released its 2025 ERCOT Market Report in May, forecasting a 30% increase in energy cost savings for retailers adopting AI-driven energy strategies. By leveraging predictive analytics, Ascend helps retailers optimize energy usage amidst ongoing scarcity conditions in the ERCOT market.
The report uses AI to model demand and supply, enabling retailers to make data-driven energy decisions. As Gary Dorris, CEO of Ascend Analytics, noted, “Our forecasts empower retailers to navigate volatile markets.” This aligns with energy trends, where Deloitte reports 50% of businesses using AI analytics reduce energy costs. Ascend’s insights offer a roadmap for sustainable retail operations.
Retailers should adopt AI-driven analytics like Ascend’s to optimize energy costs and enhance operational resilience.
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