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Posted 3 years ago | 5 minute read
GridBeyond joins the Refrigerated Warehouse & Transport Association of Australia
GridBeyond the world’s leading technology player for managing distributed and flexible energy resources has joined the Refrigerated Warehouse & Transport Association of Australia (RWTA).
The company, which recently entered the Australian market, will provide AI-powered demand response, virtual power plant (VPP) services and generation and storage asset optimisation for the cold storage sector across Australia’s National Electricity Market. Using artificial intelligence and data science, GridBeyond’s technology solution will allow its C&I customers to participate in energy market opportunities without any capital expenditure or impact on their operations.
Mark Davis, Managing Director at commented:
“We are pleased to join the RWTA, and we are looking forward to supporting its members with our expertise and energy market insights.
“GridBeyond’s intelligent asset optimisation platform can help businesses in the food and cold logistics sectors to enhance savings and boost revenues. Cold storage assets used in the refrigeration cycle, such as compressors, condensers, evaporators, fans and coolers, are ideal for participation in grid balancing services. The energy consumption of those assets is highly flexible and can therefore be easily used to participate in energy services and support grid operators with balancing the energy network, without any impact on the operational integrity.”
Marianne Kintzel, the Executive Officer of the RWTA said:
“The RWTA acknowledges that the Australian Cold Chain requires products, services and initiatives that empower them to make sustainable choices across the temperature-controlled sector in the years ahead. Making the most informed choices to ensure that they can manage their flexible energy requirements and optimise this with wholesale trading is necessary. There are key developments in energy transition and securing Australia’s energy future on the path to net zero. This is an important part of supporting the cold chains high usage of energy. GridBeyond will enhance this relationship of smart energy usage for our Industry.”
The Australian Cold Chain’s Association, the RWTA, (Refrigerated Warehouse & Transport Association of Australia Ltd) represents the warehousing and transport sectors involved in the storage, distribution and transportation of temperature-controlled products in Australia.
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Note to editors
For further information or for arranging interviews please contact:
Gabriella Di Salvo,
Global PR Manager, GridBeyond
E: pressoffice@gridbeyond.com
M: +44 07918 359693
About GridBeyond
The transition to a Net Zero economy is driving significant change in the energy sector. From the rise of renewables generation to the ever-increasing need for grid balancing services. The result is a significant requirement for scalable and real-time solutions to manage the energy system of tomorrow.
At GridBeyond our vision is to build a shared energy economy that delivers sustainability, resilience, affordability and adaptability through collaboration and innovation. By bridging the gap between distributed energy resources and electricity markets, our technology means every connected asset, whether its utility-scale renewables generation, battery storage or industrial load, can be utilised to help balance the grid. The benefit?
By intelligently dispatching flexibility into the right market, at the right time, asset owners and energy consumers unlock new revenues & savings, resilience, manage price volatility, while supporting the transition to a Net Zero future.
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.
Combining solvers, market access, and automatic trading in one place, including balancing services, capacity markets and participation in the wholesale traded markets, our technology empowers C&I businesses, EV fleet operators, generators, and energy storage operators to maximise revenues and savings.
GridBeyond was launched in 2010 and is home to the world’s first hybrid battery and demand network. Now a global player in the energy transition, GridBeyond provides a powerful combination of technological excellence, consultative approach and unrivalled expertise that enables its partners and clients to have future-proof access to energy services, while supporting the wider electricity grid integrate more volatile renewables and making the leap to a greener future. All without impacting operations.
GridBeyond delivers energy services, new revenues, enhanced savings, strengthened operations and sustainability to over 500 I&C sites worldwide, including some of the planet’s best-loved brands.
Recent awards and accolades:
- 2020 Global Cleantech 100 Company by Cleantech Group
- S&P Global Platts Global Energy Awards 2019: Grid Edge Award
- Frost & Sullivan Innovation Awards 2019: European Demand Response Technology Innovation Award
- BusinessGreen Technology Awards 2019: Smart Grid Technology of the Year
- Association for Decentralised Energy (ADE) Awards 2019: Industrial Award
The GridBeyond Academy
GridBeyond believes that education leads to better, more informed business decisions. We recognise that energy systems are rapidly changing, which is why our academy simplifies complex energy topics to ensure clarity and accessibility for all.
The GridBeyond Academy is an educational library with resources ranging from whitepapers, guides and insight blogs, through to live and recorded webinars, seminars and podcasts, as well as reports, briefings and statements on current energy market affairs. Resource levels vary from introductory/beginner, through to intermediate and advanced, for every level of understanding.