Storage development

How we build bankable storage.

We control the full development lifecycle from siting through Notice to Proceed — siting, interconnection, permitting, offtake, and acquisition handoff — underwriting to the wholesale markets where storage actually earns revenue.

Our focus

Standalone, utility-scale battery storage in PJM, NYISO, and MISO.

AM Energy develops standalone front-of-the-meter battery energy storage systems — typically 4-hour duration lithium-ion in our current pipeline, with selective long-duration evaluation as markets mature.

We focus on the eastern interconnection because that's where capacity, ancillary services, and energy arbitrage revenue stacks support bankable project economics today. We're active in:

  • PJM · capacity, energy arbitrage, frequency regulation (RegD & RegA), reserves
  • NYISO · VDER-compensated projects, capacity zones, ancillary services
  • MISO · resource adequacy, energy, ancillary services
Utility-scale battery container detail
Our approach

Five steps from site to Notice to Proceed.

Site origination & control

We screen for transmission proximity, host capacity at the substation, ISO/zonal market value, zoning fit, and community context — then secure option or lease agreements with landowners.

Interconnection

We file and steward interconnection applications through the ISO queue and the host utility, manage system impact and facilities studies, and lock down the GIA.

Permitting & engagement

State and local permitting, environmental review, fire-marshal and emergency-response coordination, and direct engagement with community stakeholders.

Offtake & market participation

We structure capacity, tolling, or merchant strategies project-by-project — informed by detailed revenue modeling across the energy, capacity, ancillary, and regulation stacks.

Acquisition handoff at NTP

Buyer diligence, contract assignments, and a clean Notice to Proceed package — then we transfer the project to the long-term owner who takes it through construction and commercial operation.

Differentiation

What makes our underwriting different.

Real-time market modeling

We model revenue from real-time energy, day-ahead arbitrage, capacity, frequency regulation, spinning reserves, and synchronous reserves separately — not as a single merchant assumption.

ISO & tariff fluency

Deep working knowledge of PJM's capacity market reform, NYISO's VDER value stack, and MISO resource adequacy — so we know which projects survive market changes.

Built to be acquired

We develop projects to institutional acquisition standards and exit at Notice to Proceed — every assumption, contract, and diligence file built to survive a buyer's underwriting team.

Have a site, capital, or an offtake need?

Let's talk specifics. We respond to all qualified inquiries within two business days.