Levl aggregates distributed battery storage systems into a virtual power plant for trading on energy exchanges. By identifying and optimizing unused flexibility in these systems, Levl creates new revenue streams for storage owners and enhances grid stability.
Funding
Funding not disclosed
Founders
Product
Problem
Commercial and industrial battery storage systems often have unused capacity that could be monetized, but accessing energy markets requires specialized expertise and infrastructure. Smaller battery systems lack the scale necessary to participate effectively in wholesale energy trading.
Solution
Levl provides a software platform that aggregates distributed battery storage systems into a virtual power plant, enabling owners to generate revenue by trading on energy exchanges. The platform uses AI-powered analytics to forecast capacity needs, identify available flexibility, and optimize energy trading strategies. By connecting to existing battery management systems, Levl allows owners to participate in energy markets without additional hardware investment or operational overhead. The aggregation model enables even small-scale storage assets to achieve the scale required for profitable energy trading and grid stabilization services.
Target Audience
Levl targets commercial and industrial businesses with battery storage systems of 50kW or larger, including manufacturing facilities, auto dealerships, and retail stores.
Features
- AI-driven forecasting of energy consumption and generation patterns to identify flexible capacity
- Real-time aggregation of distributed batteries into a virtual power plant
- Automated energy trading on spot markets and ancillary services markets
- Secure, cloud-based platform with interfaces to leading battery management systems
- Customizable control parameters to ensure primary storage needs are always met
- No additional hardware required, leveraging existing battery infrastructure