Dynamic Grid provides a Distributed Energy Resource Management System (DERMS) that coordinates distributed energy resources, flexible loads, and storage onto a single cybersecure platform. This system utilizes machine learning to optimize the performance and utilization of distribution infrastructure for utilities, buildings, and microgrids. The platform enables customers to intelligently balance energy use in response to supply, improving cost-effectiveness and operational management.
Funding
Funding not disclosed
Founders
Product
Problem
The increasing demand for electricity from sources like EV charging and space heating/cooling, coupled with the growth of renewable energy generation, strains the existing electrical grid. Current energy storage solutions are often inefficient and expensive, and balancing renewable energy production with peak consumption remains a significant challenge.
Solution
Dynamic Grid offers a Distributed Energy Resource Management System (DERMS) that coordinates distributed energy resources and flexible loads into a cybersecure, cost-effective, and scalable system. Their machine-learning-powered DERMS improves the performance and utilization of distribution infrastructure by coordinating variable loads, DERs, and storage. The platform's algorithms are based on market principles, empowering customers to balance their energy use in response to supply. Dynamic Grid provides solutions for utilities, microgrids, and buildings, enabling superior demand management and optimized energy use.
Target Audience
Dynamic Grid's primary customers include utilities, building owners, and microgrid operators seeking to optimize energy use, manage distributed energy resources, and improve grid resilience.
Features
- Machine learning algorithms for improved performance and utilization of distribution infrastructure
- Coordination of variable loads, DERs, and storage in one platform
- Cybersecure and cost-effective platform
- Solutions for utilities, microgrids, and buildings
- Demand management capabilities
- Ability for customers to balance energy use in response to supply