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Posted 14 hours ago | 2 minute read
GridBeyond partners with Uplight to offer utilities savings
GridBeyond partners with Uplight to offer utilities savings
GridBeyond, a smart global energy company, has partnered with Uplight to bring new financial opportunities to commercial, institutional, and industrial organizations through participation in demand response (DR) programs.
Uplight creates and manages capacity for the grid through networks of connected devices that generate, shift and save energy, improving grid resilience, reducing costs for customers and energy providers and accelerating decarbonization. Through the collaboration with GridBeyond, organizations have the opportunity to earn revenues of up to $130k per MW per year, while helping to maintain reliable grid operations and achieving ESG goals.
Participation in DR programs allows organizations to earn financial rewards by reducing their electricity consumption during periods of peak demand or grid emergencies. GridBeyond’s advanced AI-powered platform enables businesses to actively participate in DR programs without operational risks, turning what was once a passive energy strategy into a proactive, revenue-generating opportunity.
“Our partnership with Uplight is a game-changer for businesses looking to maximize the potential of their energy assets,” said Joe Hayden, VP of Revenue at GridBeyond. “By leveraging our AI-powered technology and expertise, we’re able to help organizations unlock new sources of revenue while supporting grid stability and sustainability.”