May 25, 2017 9:11 PM ET

Software

Company Overview of AutoGrid Systems, Inc

Company Overview

AutoGrid Systems, Inc. develops software solutions for energy companies. The company’s products include AutoGrid DROMS, a distributed resources optimization and management system that predicts and controls connected distributed energy resources across the energy Internet; and AutoGrid Energy Data Platform that predicts, optimizes, and controls distributed energy resources in real-time. Its integrated suite of energy Internet software applications enables utilities, electricity retailers, and new energy project developers to manage, optimize, and benefit from distributed energy resources across regulated and deregulated markets. AutoGrid Systems, Inc. has a strategic partnership with Silver S...

255 Shoreline Drive

Suite 350

Redwood Shores, CA 94065

United States

Founded in 2010

Phone:

650-461-9038

Fax:

650-464-7698

Key Executives for AutoGrid Systems, Inc

Founder, Chief Executive Officer, President and Director
Chief Software Architect and Vice President of Engineering
General Partner and Director
Age: 45
Vice President of Strategic Initiatives
General Manager of Europe
Compensation as of Fiscal Year 2016.

AutoGrid Systems, Inc Key Developments

AutoGrid Launches AutoGrid Flex 3.0, with Innovative Co-Optimization Capabilities that Increase Energy Storage Return on Investment

AutoGrid Systems announced that it has launched AutoGrid Flex™ 3.0, the energy industry's first comprehensive flexibility management solution for demand response (DR) management, distributed energy resource (DER) management and virtual power plants (VPPs). Now generally available for the first time, the 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 innovative 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. AutoGrid Flex 3.0 delivers a fully integrated flexibility management solution that includes three key energy storage co-optimization capabilities -- local site optimization, storage integration with other DERs, and portfolio optimization -- that allow energy service providers to use energy storage to realize multiple business objectives, dramatically improving energy storage project economics while also increasing flexible capacity at the grid edge. Local site optimization: Powered by sophisticated data models and algorithms and providing support for a wide variety of storage devices, AutoGrid Flex 3.0 enables customers to reduce site-based demand charges, lower system peak charges and use their energy storage systems for other energy cost saving and local balancing applications though highly accurate forecasting and optimized scheduling. These capabilities help energy service providers meet end-customers' growing demand for storage solutions while also avoiding vendor lock-in, extending asset life and increasing project return on investment (ROI). Storage integration with other DERs: 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. Portfolio Optimization: AutoGrid Flex enables energy service providers to optimize aggregation, disaggregation, planning and dispatch of a portfolio of energy storage and other DERs in real-time, enabling them to maximize monetization of DERs in energy markets through virtual power plants (VPPs) while meeting end-customers' local site needs. AutoGrid Flex's massive scalability, advanced analytics and support for a wide variety of energy storage systems and other DERs also allow energy service providers to use DER portfolios to create additional flexibility capacity to balance supply and demand, avoid or defer expensive infrastructure investments and create new ancillary service revenue streams. AutoGrid Flex 3.0 also now 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. Currently AutoGrid is actively working with customers and partners on VPP and other energy storage projects in Germany, the United Kingdom, Japan, California and New York. New Features Further Enhance Flexibility Management: In addition to the innovative storage co-optimization capabilities described above, AutoGrid Flex 3.0 further integrates its three flexibility management applications into a unified suite that allows energy service providers to view, control and optimize all their DER programs and assets with a single system. AutoGrid Flex 3.0 features an enhanced user experience with new real-time data visualization capabilities, as well as configurable dashboard widgets. These enhancements provide more personalized, relevant information to users when and how they need it. In addition, new multi-level account hierarchies provide the sophisticated visibility and management tools needed to serve large commercial and industrial (C&I) end-customers. AutoGrid Flex 3.0 also features improved DER integration, enabling users to monitor DERs in real-time on their dashboards and also secure detailed reports on asset performance over time. Additionally, AutoGrid Flex 3.0 provides expanded integrations for DERs such as the DNP3 protocol, native SCADA integrations, and template-based device configuration including popular devices. Flexibility Management Increase the Value of Energy Storage and other DERs: The number and capacity of Internet-connected DERs is dramatically increasing -- not just energy storage systems, but also demand response programs, distributed solar power systems, smart inverters, smart thermostats, water heaters, pool-pumps, residential EV chargers, heating ventilation and air conditioning (HVAC) systems, building lighting systems, industrial control equipment and more. Flexibility management software enables utilities, electricity retailers and other energy service providers to use the Energy Internet to manage these diverse resources across all their customers and also launch new services that increase revenues, drive customer engagement and improve overall system reliability. AutoGrid Flex integrates AutoGrid's three flexibility management applications -- AutoGrid DROMS™, AutoGrid DERMS™ and AutoGrid VPP™ -- into a single unified application suite, providing energy service providers with a comprehensive flexibility management solution for DERs. AutoGrid DROMS™ is a dispatch-grade demand response management system (DRMS) that unifies all programs and assets while delivering a rich, engaging experience to residential, commercial and industrial customers. AutoGrid DERMS™ is a hardware-neutral distributed energy resource management system (DERMS) that enables energy service providers to harness customer-owned distributed energy resources to enhance rather than disrupt grid operations and deliver new ancillary services.

AutoGrid and sonnen Partner to Accelerate the Adoption of Energy Storage

AutoGrid Systems and sonnen Inc. have partnered to fully integrate AutoGrid’s flexibility management application suite, AutoGrid Flex™, with sonnen’s residential and commercial energy storage technology. Through this partnership, AutoGrid and sonnen will help energy project developers, utilities and other energy service providers better manage, optimize and aggregate sonnenBatterie systems and other distributed energy resources (DERs). The AutoGrid Flex application suite provides advanced forecasting, real-time controls and scalable architecture to manage large numbers of distributed sonnenBatterie systems in combination with other DERs. This fleet management is key to optimizing the utilization of battery storage capacity for both the local site and the regional grid network, and AutoGrid Flex is already integrated with multiple wholesale markets, including CAISO, PJM and ERCOT, and underpins several of the world’s leading utility DER systems.

E.ON SE Expands Partnerships with AutoGrid and Thermondo

E.ON SE has expanded its partnership with AutoGrid Systems and Thermondo to offer smart and customer tailored solutions for the decentralized energy world. The initial start of the partnerships was in 2014. AutoGrid is dedicated to bringing the power of data science to the decentralized energy world. E.ON was the first company to deploy the latest version of AutoGrid's Energy Data Platform (EDP) in Europe: The smart Energy Internet solution helps to understand its customers' energy needs and uses this knowledge to deliver value to all their stakeholders. The Berlin-based company Thermondo is pioneer of the digitalization of the handicraft business. Thermondo combines the speed and wide product range of an internet company with the outstanding workmanship of experienced technicians. Based on an online platform,customers can compare and buy a variety of heating system manufacturers and technologies in a quick, easy, and cost-effective way.

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