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Posted 1 day ago | 1 minute read
Make your CHP smarter with Process Optimizer
GridBeyond’s CHP optimisation service is a market-leading solution designed for sites with combined heat and power (CHP) systems.
Our AI-driven platform leverages digital twins and advanced forecasting to unlock hidden flexibility while ensuring your operational and heat constraints are never compromised.
By leveraging accurate forecasts, real-time data analysis, advanced machine learning algorithms, and seamless integration into existing plant infrastructure, Process Optimizer creates a live, dynamic model of your entire energy system, including your CHP unit, boilers, heat pumps, and site load. This enables precise simulation of plant behaviour under different market and operational conditions.
Process Optimizer then delivers market-aware optimisation and AI-powered process control that intelligently schedules the plant to achieve best prices for electricity production and at the same time comply with the heat supply obligation.
On meeting, Smurfit Kappa expressed an interest in using their embedded generation to support the grid in decarbonising. They were also keen to boost their sustainability strategy by implementing the technology. The installation was completed by our team of experts, who took into consideration every aspect of operational constraints, with full knowledge and understanding of the assets.
Frequency Control Ancillary Services (FCAS) are essential
services that help maintain the stability and reliability of the grid
by managing frequency variations. But over recent quarters the
revenues available through FCAS have been falling. In this paper we explore the reasons why FCAS prices have fallen and what businesses can do to recoup lost revenues.
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