GridBeyond
UnclaimedAI-powered platform for optimizing distributed and flexible energy resources for a Net Zero economy.
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TL;DR - GridBeyond
- Optimizes distributed energy resources using AI for profitability and grid balancing.
- Provides software solutions for energy asset planning, forecasting, and automated trading.
- Enables asset owners and energy consumers to unlock revenues, savings, and resilience in a Net Zero transition.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Unlocks new revenue streams and savings for energy asset owners.
- Enhances energy resilience and helps manage price volatility.
- Supports the transition to a Net Zero economy by integrating renewables.
- Provides comprehensive tools from planning to automated operation.
- Leverages advanced AI for intelligent energy dispatch and optimization.
Cons
- Requires integration with existing energy assets and infrastructure.
- Specific pricing details are not publicly available, requiring direct consultation.
- The complexity of energy markets may require a learning curve for new users.
Key Features
AI-powered optimization and algorithmic tradingEnergy market price, demand, and generation forecastingPhysics-based simulations for optimal bidding strategiesRobotic Trading for automated strategy executionReal-time consumption and emissions monitoring (Scope 1, 2, 3)Project design and revenue planning tools (Baseline Designer)Managed Battery as a Service (MBaaS)24/7 Network Operations Center (NOC) monitoring
Pricing
Paid
GridBeyond offers paid plans. Visit their website for current pricing details.
About GridBeyond
By Toolradar Team·
GridBeyond is a leading technology platform that leverages artificial intelligence to manage distributed and flexible energy resources. It is designed for asset owners and energy consumers across various sectors, including offices, retail, healthcare, factories, data centers, and those with generation and storage assets like gas peakers, CHP, wind, solar, and battery storage. The platform's core functionality involves bridging the gap between these diverse energy assets and electricity markets, enabling intelligent dispatching of energy flexibility to unlock new revenues, savings, and resilience.
The platform provides a comprehensive suite of software solutions for the entire lifecycle of energy investments, from planning and design to real-time optimization and automated trading. It helps users navigate the transition to a Net Zero economy by maximizing the profitability of their energy assets, enhancing site performance, and tapping into diverse revenue streams. By forecasting energy market prices, demand, and generation, and running physics-based simulations, GridBeyond helps determine optimal bidding strategies across energy and ancillary markets, while also ensuring compliance and warranty maintenance.
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GridBeyond FAQ
How does GridBeyond's platform ensure projects maintain warranty and ITC-compliance while utilizing Robotic Trading?
GridBeyond's Robotic Trading system is designed to automate optimal bidding strategies while incorporating constraints to ensure that projects adhere to warranty requirements and remain ITC-compliant. This is achieved through physics-based simulations and intelligent algorithms that factor in operational limits and regulatory guidelines.
What types of distributed energy resources can GridBeyond's platform manage and optimize?
The platform is capable of managing and optimizing a wide array of distributed and flexible energy resources, including gas peakers, Combined Heat and Power (CHP) plants, wind and solar farms, Front of Meter storage, hydro power, Virtual Power Plants, and various industrial loads such as cold stores, factories, data centers, and EV charging infrastructure.
Beyond revenue generation, what specific benefits does the Baseline Designer tool offer to project developers?
The Baseline Designer tool goes beyond revenue simulation by empowering project developers to meticulously plan, site, and analyze prospective investments in the energy sector. It allows for the evaluation of myriad project configurations, providing a comprehensive understanding of potential performance and commercial viability before deployment.
How does GridBeyond's AI-powered platform contribute to grid balancing services?
GridBeyond's AI-driven DERMS & VPP platform optimizes real-time energy usage and intelligently dispatches flexibility from connected assets into the appropriate energy markets at the right time. This dynamic management helps to balance the grid by responding to demand fluctuations and integrating renewable energy sources more effectively.
What is the scope of emissions monitoring provided by GridBeyond's solutions?
GridBeyond's solutions enable the monitoring and visualization of real-time consumption and emissions across Scope 1, 2, and 3. This comprehensive tracking is available at both the individual site and organizational levels, providing a holistic view of environmental impact.
Source: gridbeyond.com