WATTMORE provides a software infrastructure that integrates and manages distributed energy resources, enabling users to optimize energy storage through intelligent battery charging and discharging. Their platform offers precise project performance predictions and a web-based dashboard for real-time monitoring, addressing the complexities of energy management in renewable energy systems.
Funding
$4M 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.
ACCCMPPGFounders
Product
Problem
Managing distributed energy resources (DERs) such as battery storage, solar, and EV chargers is complex, requiring precise performance prediction and real-time monitoring. Existing solutions often lack vendor-agnostic capabilities and the computational efficiency needed for time-critical optimization. This makes it difficult to maximize revenue and savings from energy storage systems.
Solution
WATTMORE provides a software platform, Intellect, that simplifies the integration and management of DER assets, enabling users to optimize energy storage. Intellect offers two key modules: _Plan_ for accurate project performance prediction and _Operate_ for intelligent battery charging and discharging. The platform features a web-based dashboard for remote monitoring and control, along with machine-learning pipelines that adapt to evolving energy patterns. WATTMORE's vendor-agnostic approach allows users to integrate various batteries, inverters, and EV chargers, while its ultra-fast optimization engine reduces costs and enables operation on low-cost computers.
Target Audience
The primary customers are commercial real estate owners, industrial facilities, utilities, and residential solar + storage providers seeking to optimize and monetize their energy storage systems.
Features
- Intellect _Plan_: Battery sizing and economic forecasting for behind-the-meter, solar retrofit, community solar, and microgrid projects.
- Intellect _Operate_: Intelligent battery charging and discharging for maximizing revenue.
- Vendor-agnostic solution: Compatible with various batteries, inverters, and EV chargers.
- Cyber-secure hybrid cloud architecture with encrypted data and resilient EMS functions.
- Machine-learning pipelines that train algorithms with new data for optimized performance.
- Web-based dashboard for remote monitoring and management of energy storage assets.
- Ultra-fast optimization engine for time-critical optimization.