It’s time to soar
Back in 2017, founders Jonathon Dyson and James Tetlow were discussing how many investors were underestimating the task of running a clean energy asset. So, it was undoubtedly helpful that only weeks later Jonathon began advising on how to mobilise from scratch the control room of the now-famous SA Tesla big battery with Neoen, who arguably became the first independent power producer to establish this type of capability.
Then came many months of market research and conversations. Most of them owned assets that were still in the construction phase, so were yet to experience the thrills of FCAS, causer pays, constraints or such like, although some of them were already starting to Google under the boardroom table to try and understand what these new and unforeseen costs were.
James and Jonathon then realised that between them they had the market leading experience to help manage what seems complex and uncontrollable, and – as Overwatch – set out to ensure clean energy investments succeed because that is pivotal to bringing forward the transition to a net zero economy.
Today, only six months since forming, Overwatch has 11 grid-scale assets and over 1300MW under management.
Overwatch runs a 24/7 Australian based operation centre, and are working with assets across the NEM to bid, trade and manage their day to day financial and regulatory risks. In February, James Fuller joined the management team to run operations, and as Overwatch’s remit continues to grow immediate expansion of the team is underway.
This is just the start of the Overwatch story. Stay tuned to see us soar.