Energy Flexibility Solutions (EFS) optimizes stationary energy assets like batteries and e-boilers by intelligently managing their operation based on real-time energy market signals. The AERO platform reduces energy costs and generates revenue through participation in grid services such as balancing and congestion management.
Funding
Funding not disclosed
Founders
Product
Problem
Stationary energy assets like batteries and e-boilers often operate suboptimally, failing to capitalize on dynamic energy market signals. This leads to missed revenue opportunities and contributes to grid instability by not providing necessary flexibility services.
Solution
Energy Flexibility Solutions (EFS) offers the AERO platform, an Aggregated Energy Resource Optimization system designed to intelligently manage stationary batteries and e-boilers. AERO analyzes real-time energy market data, including price fluctuations and grid needs, to optimize asset performance. This enables clients to reduce energy costs by leveraging cheaper electricity periods and generate revenue through participation in markets like balancing and congestion services. By providing sophisticated control and predictive analytics, EFS enhances the efficiency and grid-support capabilities of these assets, contributing to a more stable and sustainable electricity network.
Target Audience
The primary customers are businesses operating stationary batteries and e-boilers, including energy storage operators, industrial facilities with significant thermal loads, and renewable energy project developers seeking to maximize asset value.
Features
- AERO platform for real-time analysis and prediction of energy market prices and grid demand.
- Automated asset dispatch based on market signals to optimize cost savings and revenue generation.
- Integration with stationary battery systems for participation in ancillary services markets (e.g., imbalance, secondary reserve).
- Optimization of e-boilers for participation in balancing (aFRR) and imbalance markets.
- Functionality as a Balancing Service Provider (BSP) to facilitate client participation in grid balancing.
- Role as a Congestion Service Provider (CSP) to assist grid operators in managing network congestion.
- Advanced algorithms for extending asset lifespan through optimized operational cycles.
- Customization of solutions to align with specific client energy asset configurations and business objectives.