AutoGrid Launches AutoGrid Flex 3.0, With Co-Optimization Capabilities

AutoGrid Launches AutoGrid Flex 3.0, With Co-Optimization Capabilities

AutoGridAutoGrid Systems has launched AutoGrid Flex 3.0, the comprehensive flexibility management solution for demand response (DR) management, distributed energy resource (DER) management and virtual power plants (VPPs). AutoGrid Flex 3.0 application suite features several new energy storage co-optimization capabilities that enable utilities, electricity retailers, renewable energy project developers and other energy service providers to maximize the value of energy storage systems at the local site level, manage energy storage assets in combination with demand response and other types of DERs and optimize aggregation and dispatch from a portfolio of energy storage and other DERs.

These  storage co-optimization capabilities, along with new DER integration, enhanced user interfaces (UIs) and other new features further strengthen AutoGrid customers’ ability to use the Energy Internet to predict, optimize and control DERs at scale in real time, helping them launch new services that increase revenues, reduce operating expenses, drive customer engagement and enhance grid reliability.

At Gexa Energy we are always looking to provide additional value to our customers,” said Brian Landrum, President of Gexa Energy. “We look forward to working with AutoGrid to deliver energy cost management solutions to customers leveraging energy storage and our existing demand response, energy efficiency, renewable energy, and other energy services.”

Energy storage is one of the key enabling technologies in the development of a cleaner, more efficient distributed energy world. However, despite the fact that energy storage costs continue to fall, we still need to dramatically improve energy storage project economics through intelligent software if we hope to truly accelerate energy storage adoption,” said Dr. Amit Narayan, CEO of AutoGrid. “By optimizing the value of local energy storage systems, integrating energy storage systems with other DERs and maximizing the ability of energy storage and other DER portfolios to generate payments from wholesale energy markets, AutoGrid Flex 3.0 significantly improves energy storage system economics, making energy storage a more attractive investment for energy service providers and end-customers alike.”

Unlike many other storage software solutions which are asset-specific, AutoGrid Flex provides a single unified hardware-neutral platform for managing energy storage systems in combination with demand response, distributed generation and other DERs. This simplifies DER management by helping end-customers optimize self-consumption by integrating energy storage with their solar and other distributed generation resources. It also reduces customer acquisition and onboarding costs for energy service providers by enabling the bundling of multiple services together, such as storage plus solar said the company in a statement.

AutoGrid Flex 3.0 also includes energy storage system sizing and ROI calculators. The calculators use the open Green Button standard to secure energy use and other data from end-customers’ utilities and other energy service providers. With these AutoGrid Flex calculators, energy service providers, energy storage project developers and end-customers can optimize energy storage system size and estimate long-term system ROI, helping them maximize the impact of their energy storage project investments.

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