Visionary Energy develops a novel grid-edge flexibility system for electric utilities. This system strengthens reliability and enhances resiliency across distribution circuits, feeders, and transformers. The core offering expands operational flexibility within the existing grid infrastructure.
Funding
Funding not disclosed
Founders
Product
Problem
Electricity utilities face increasing challenges in modernizing low-voltage distribution grids to accommodate the energy transition, including the high capital and operational expenses associated with traditional grid upgrades. Maintaining power supply stability and voltage regulation in the face of fluctuating energy sources further complicates grid management.
Solution
Visionary provides a decentralized energy storage solution combined with a cloud service that enhances grid flexibility and reliability for electricity distribution system operators (DSOs). By deploying energy storage units at strategic points in the low-voltage grid, Visionary enables utilities to modernize their infrastructure while significantly reducing capital and operational expenditures. The cloud service provides real-time data and control over grid operations, allowing for optimized energy distribution and voltage regulation. Visionary's aggregated energy storage capacity also facilitates energy arbitrage, enabling utilities to purchase electricity during off-peak hours and utilize it during peak periods.
Target Audience
The primary target audience is electricity distribution utilities (DSOs) seeking to modernize their low-voltage distribution grids, improve power supply reliability, and reduce capital and operational expenses.
Features
- Decentralized energy storage units designed for front-of-the-meter installation in low-voltage distribution grids
- Cloud service providing online management and control of grid operations through a wireless network
- Real-time data collection and integration from multiple points throughout the distribution network, providing a holistic view of grid performance
- Automatic voltage regulation to ensure stable voltage even during overload periods
- Frequency regulation for seamless frequency stabilization across all phases
- Aggregated energy storage capacity for energy arbitrage in wholesale and retail electricity markets
- Remote monitoring and diagnostics capabilities
- API connectivity to existing Distribution Management Systems (DMS)