SYSO

SYSO (SYSO Technologies) is a market operations service provider dedicated to renewable generation and battery energy storage assets participating in North American wholesale power markets. The company acts as the market operator on behalf of asset owners, managing ISO/RTO registration, financial assurance, bidding, scheduling, settlements and reporting, alongside 24/7 NERC-CIP compliant dispatch, telemetry and continuous communication with ISO control rooms. It is a registered lead market participant (LMP), designated entity (DE), scheduling coordinator (SC) and qualified scheduling entity (QSE) in ISO/RTOs across the country.

The company's stated vision is a power grid without fossil fuels, with a mission of optimizing the performance of renewable energy and storage assets. Its offering spans three areas: operating assets (dispatch, telemetry, ISO/RTO communications), navigating markets (registration, bidding, scheduling and settlements across capacity, energy and ancillary services markets) and optimizing performance (forecasting, market strategy, revenue stacking, and performance monitoring and reporting). SYSO publishes market-analysis content on regulatory developments in PJM and MISO relevant to storage and renewable developers.

As of its website, SYSO supports 5 GW across more than 300 renewable and storage sites and is active in PJM, ERCOT, NYISO, MISO, ISO-NE, CAISO, IESO and SPP. A published case study describes work with developer Birch Creek on solar and battery assets in the MISO market.

Founding story

SYSO was founded in 2019 by Christopher Gosline and Nicholas Speyer, on the premise that renewable asset owners had untapped revenue and that passive renewable generators could be turned into active participants in wholesale power markets. Gosline, who previously ran a $100M+ energy intelligence software business at EnerNOC and served as SVP at BlueWave Solar, served as the company's first CEO; he is now deceased and is memorialized on the company site. Co-founder Nicholas Speyer, previously at BlueWave Solar, Greenwich Energy Solutions and SourceOne Energy, serves as CEO.

Business model

SYSO operates as an outsourced market operations partner for owners of renewable and storage assets, combining a 24/7 network operations center with software tools to handle market participation on clients' behalf across ISO/RTO markets.

Traction

SYSO reports supporting 5 GW across 300+ renewable and storage sites in North America, up from roughly 2.5 GW at the initial Series B close in August 2024 and more than 4.5 GW as of March 2026. It is active in PJM, ERCOT, NYISO, MISO, ISO-NE, CAISO, IESO and SPP, and cites a partnership with developer Birch Creek in the MISO market.

Latest developments

In March 2026 SYSO announced the completion of a $7 million Series B extension led by Kimmeridge through its Kimmeridge Carbon Solutions strategy, with continued participation from New Energy Capital Fund and new investor MassMutual Ventures, bringing the Series B total to $15.5 million. The capital is earmarked for 24/7 market operations, its NERC-CIP Low Impact network operations center, real-time dispatch, telemetry and communications infrastructure, and regulatory readiness. The company also expanded into Canada and continues to publish analysis of PJM and MISO market rule changes.