Gridcog provides simulation software that models and tracks the performance of distributed energy systems, integrating data from commercial arrangements, asset telemetry, and market conditions. This technology enables energy suppliers and developers to optimize project planning and operations, significantly reducing analysis time from weeks to hours while enhancing financial and environmental outcomes.
Funding
$6.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Planning and operating distributed energy systems involves complex modeling of physical assets, commercial agreements, and market dynamics. Traditional methods require significant time and effort, hindering efficient project planning and optimization.
Solution
Gridcog offers a simulation software platform designed to streamline the modeling and tracking of distributed energy system performance. The platform integrates data from commercial arrangements, asset telemetry, and market conditions to provide a comprehensive view of energy projects. By using Gridcog, energy suppliers and developers can significantly reduce analysis time, from weeks to hours, while improving financial and environmental outcomes. The software enables users to model multi-market, multi-site, and multi-asset energy projects, facilitating scenario-based assessments of pricing, commercial models, and asset combinations.
Target Audience
The primary target audience includes energy suppliers, project developers, distribution operators, and consultants involved in planning and managing distributed energy systems.
Features
- Project Designer for defining complex energy projects with multiple markets, sites, and assets
- Library of reusable modeling inputs, including meter data, tariff definitions, and price curves
- Simulation & Optimisation Engine with parametric models for various energy resources
- Billing-grade pricing and rating engine for commercial calculations
- Advanced optimizer to represent and optimize energy resource control systems
- Portfolio performance tracking to compare actual vs. modeled performance
- Integration of commercial arrangements, asset telemetry, and market data