RENEWECONOMY: Schwarzenegger-backed start-up helps Australia wind farms duck negative prices

"A California start-up backed by former California governor and actor Arnold Schwarzenegger has launched what it says is the first strategic bidding software backed by artificial intelligence in the world that can help wind and solar farms dodge negative prices and also deliver a significant lift in revenue for battery storage.

The firm, AMS, says it has some 2,000MW of wind and solar farms in Australia, and one soon-tobe-commissioned battery storage unit under contract, and has already been demonstrating its abilities at the 100MW Snowtown 1 wind farm in South Australia."