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Constellation, an energy producer and supplier, and GridBeyond, a smart grid platform provider, are collaborating to use GridBeyond’s AI-powered predictive analytics platform with the aim of helping business customers in PJM reduce energy use during peak periods.
The companies argue this solution could reduce the need to build new generation facilities, especially at a time outside of peak hours, when the grid is vastly under-utilised.
“This demand response platform is a better, cheaper, and faster way to meet America’s growing energy needs, help win the AI race, and lower costs for consumers,” said Joe Dominguez, president and CEO of Constellation.
“As the energy provider for 75 percent of America’s Fortune 100 companies, Constellation is well-positioned to explore and eventually scale up this new and improved DR program. It’s just one of the ways we’re putting AI to work to solve one of the nation’s biggest challenges, the growing need for always-on power.”
The announcement came shortly after PJM, the nation’s largest grid operator, released the results of its most recent capacity auction, which attracted nearly 2,700MW of new generation but no increase in DR resources.
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Dublin-based GridBeyond’s AI platform provides a digital twin model of a customer’s site that enables it to virtually model scenarios that can deliver real-time energy optimization and help customers participate in the economic rewards of grid-balancing services.
“GridBeyond has long been committed to helping its customers manage energy consumption,” said Michael Phelan, CEO of GridBeyond. “We are delighted about our collaboration with Constellation that will bring innovative solutions that deliver both cost savings and sustainability benefits that empower businesses to take control of their energy usage.”
GridBeyond’s platform integrates predictive analytics and advanced metering capabilities, allowing customers to use real-time grid data and automated systems to control which of their operations to curtail to maximize DR revenues and cost savings with the intent of minimizing disruption to overall operations. GridBeyond also brings the ability to isolate loads at a sub-meter level, which gives customers information about the energy use of each system or piece of equipment in their operations.
GridBeyond was founded in 2007 and is home to the world’s first hybrid battery and demand network, which is tapped to help provide flexibility to the grid when needed. After operating in the UK and Ireland, the company expanded operations to the U.S. in 2020 with the addition of an office in Houston, Texas.
Originally published by Sean Wolfe in, and edited with permission from, Factor This.
