Utilise supplies modular battery energy storage systems and a cloud‑based virtual power plant platform for medium‑size industrial facilities, handling feasibility studies, design, installation, and 24/7 monitoring. By aggregating the installed batteries, the service enables participants to bid into wholesale flexibility and ancillary service markets, generating revenue and reducing electricity procurement costs through a transparent revenue‑share model.
Funding
Funding not disclosed
Founders
Product
Problem
Industrial firms with existing electrical infrastructure lack a cost‑effective way to convert on‑site battery assets into revenue streams, because participation in the flexibility market has traditionally required large, centrally managed storage installations and complex market registration.
Solution
Utilize offers a turnkey service that equips mid‑size industrial sites with modular battery energy storage systems (BESS) and integrates them into a cloud‑based Virtual Power Plant (VPP). The company conducts a site‑specific feasibility analysis, designs and installs the storage hardware, and provides continuous 24/7 monitoring and dispatch optimization. By aggregating many distributed BESS units, the VPP can bid into wholesale flexibility markets on behalf of its participants, converting price arbitrage and ancillary service opportunities into measurable earnings while also reducing the plant’s electricity procurement costs. Clients retain full ownership of the hardware and benefit from a transparent revenue share model without needing in‑house expertise in energy markets.
Target Audience
The primary customers are medium‑sized industrial enterprises in Germany that have a grid connection of at least 170 kW or existing battery assets of 120 kW+, and seek to monetize flexibility without building new large‑scale storage facilities.
Features
- Site‑level feasibility study and grid‑connection assessment (minimum 170 kW) to determine optimal BESS sizing and placement.
- Custom engineering, procurement, and installation of modular outdoor battery units (≈2.5 m² footprint, 2.4 m height) that can be retrofitted to existing facilities.
- Real‑time SCADA platform with AI‑driven predictive analytics for state‑of‑charge management, degradation monitoring, and market‑price forecasting.
- Cloud‑hosted VPP aggregation layer that pools multiple BESS assets to achieve multi‑megawatt dispatch capability and enables participation in day‑ahead, intra‑day, and ancillary service markets.
- Automated market‑participation interface compliant with German grid codes and FERC‑like bidding protocols, handling registration, bidding, and settlement on behalf of participants.
- 24/7 remote monitoring, fault detection, and performance reporting via a secure web dashboard, with optional on‑site service contracts.
- Compatibility with existing battery installations (minimum 120 kW) through performance validation and integration into the VPP pool.