Post: GridBeyond awarded product software and cloud technology leader by Environment+Energy Leader

GridBeyond awarded product software and cloud technology leader by Environment+Energy Leader

Environment+Energy Leader (E+E Leader) has distinguished GridBeyond as a Top Software & Cloud Winner in the 2024 Environment+Energy Leader Awards program.

This year’s award program divided accolades into six innovative categories, tailoring recognition to specific sustainability and energy management excellence sectors. GridBeyond’s technology was recognized for its exceptional contribution to advancing sustainability, energy efficiency, and operational excellence.

Using artificial intelligence and data science, GridBeyond’s technology balances and orchestrates energy generation, storage and industrial load in a coordinated system. GridBeyond’s intelligent energy optimiser, lies at the core of our services. By connecting load, generation, and storage assets with the opportunities of the energy markets our technology bridges the gap between distributed energy resources and the requirements of the power grid.

The intelligent energy technology platform, Point, lies at the core of GridBeyond’s operations and services. The innovation of GridBeyond’s intelligent energy technology platform, Point, lies in its ability to combine access to the most advanced energy market solutions and services in one place.

GridBeyond Point platform is split into 3 distinct areas: TouchPoint, CentrePoint and ViewPoint. Through this platform, businesses can optimize the use of their renewable assets increasing their flexibility, generating revenues and savings, reducing carbon emissions and delivering energy supply security.

• TouchPoint sits on companies’ sites and is either physically or wirelessly connected to their assets. Through the installation of TouchPoint, our platform is connected to on-site assets and sends and receives data, enabling control of assets in real time.
• CentrePoint is the cloud-based platform that sits at the heart of Gridbeyond’s artificial intelligence and machine learning our technology. CentrePoint analyses over 70 data sources, and uses AI, machine-learning and robotic trading to automatically place energy flexibility (either demand reduction or additional generation) in the programmes and markets that generate the best returns.
• ViewPoint not only shows your programmes, revenues, savings and trades, but it also provides data on each of your assets supporting you with energy and carbon reporting and energy efficiency while ensuring asset health and availability is maintained.

Following the successful acquisition of Veritone Energy’s proprietary software in 2023, GridBeyond’s technology has been expanded to enable customers to more accurately forecast, optimize, and control energy their assets:

• Platform: aiWARE Enterprise platform, Veritone iDERMS solution harnesses the power of AI to revolutionize today’s energy ecosystems through proprietary, intelligent, real-time energy forecasting, optimization, and control, unlocking the full potential of DERs while enhancing grid reliability in the face of the unexpected. Now integrated into GridBeyond Point Ai. VPP platform
• Forecaster: The AI-powered Forecaster allows you to accurately predict energy generation, demand, price frequency, and asset health. Now integrated into GridBeyond Ai. Services suite as ViewPoint Ai. Forecaster.
• Optimizer: The AI-powered Optimizer allows you to optimize and synchronize all of your smart grid assets for internal strategy drivers and external market opportunity in real-time. Now integrated into GridBeyond’s Ai. Services suite as part of Ai. Trade.
• Designer: iDERMS Designer used patented AI-driven algorithms to analyze years of price, load and solar generation data to optimize for a multi-sensitivity business case. Now integrated into GridBeyond Ai. Services suite as ViewPoint Ai. Designer.

GridBeyond chief executive and co-founder Michael Phelan said: