Phlit offers a platform that unlocks the flexibility of distributed energy resources for participation in the energy transition. It identifies flexibility potential through data exploration and enables real-time optimization of industrial power assets via secure PLC integration, generating revenue through electricity market participation and ancillary services.
Funding
Funding not disclosed
Founders
Product
Problem
The integration and optimization of distributed energy resources (DERs) present challenges in grid stability and market participation for asset owners. Effectively leveraging the flexibility of these assets to generate revenue and contribute to the green transition requires sophisticated data management and real-time control.
Solution
Phlit provides a platform designed to unlock the flexibility of distributed power assets, enabling their participation in the energy transition. The system facilitates the identification of flexibility potential within operational and security parameters through data exploration. It then enables secure integration with industrial power assets via the FlexGate® hardware, connecting to their Programmable Logic Controllers (PLCs). This integration allows for real-time optimization of asset performance, leading to cost savings and market revenue generation through participation in electricity markets and provision of ancillary services.
Target Audience
Phlit targets owners and operators of distributed energy resources, including battery storage systems, industrial equipment like aerators and boilers, and back-up power supplies, who seek to optimize asset performance and generate revenue.
Features
- FlexGate® hardware for secure integration with industrial power asset PLCs.
- Data exploration tools to identify flexibility potential within operational and security boundaries.
- Real-time optimization engine for 24/7 asset performance management.
- Connectivity to electricity markets for revenue generation.
- Capability to provide ancillary services to the electricity grid.
- High-frequency data acquisition for enhanced asset intelligence.
- Use case support for back-up power supply optimization, aerator flexibility, and boiler consumption management.