Flex Horizon offers a software platform that automatically optimizes energy consumption across distributed power assets. By intelligently modulating usage during peak demand, it reduces reliance on fossil fuel peaker plants and supports grid stability. The platform creates digital twins of assets to identify optimal flexibility strategies while respecting operational constraints.
Funding
Funding not disclosed
Founders
Product
Problem
The electrical grid faces challenges during peak demand and periods of stress, often necessitating the activation of fossil fuel-based power plants. This reliance on non-renewable sources contributes to carbon emissions and grid instability.
Solution
Flex Horizon provides a software platform that automatically modulates the energy consumption of distributed power assets to alleviate grid stress. By intelligently adjusting usage during high-demand periods, the platform helps prevent the need for peaker plants, thereby reducing reliance on fossil fuels. It operates by creating digital twins of physical assets and identifying optimal flexibility strategies, all while adhering to user-defined operational constraints. This approach ensures grid stability and supports decarbonization efforts.
Target Audience
The primary customers are owners and operators of distributed energy assets, including industrial facilities, commercial buildings, and other energy consumers seeking to optimize their energy usage and participate in grid services.
Features
- Software platform for automated modulation of energy usage in distributed power assets.
- Utilizes self-learning algorithms to create digital twins of physical assets.
- Identifies optimal flexibility strategies based on asset characteristics and user-defined constraints.
- Integrates with existing Building Management Systems (BMS) as an add-on.
- Provides real-time estimation of financial gains and quantification of CO2 reductions.
- Facilitates demand response and grid balancing services.
- Offers real-time micro-grid management tools.
- Enables control, monitoring, and analysis of consumption data.
- Supports bespoke optimization tools for large-scale flexibility portfolios.