A leading UK energy transition company, ep Group, has recently announced a partnership with global smart energy company GridBeyond to deliver an AI-powered optimisation programme for ep Group’s growing energy storage operations. This partnership will further support ep Group’s joint venture with Norwegian power systems and battery storage specialist, Pixii AS, which was launched earlier this year to meet the increasing demand for optimised distributed energy systems in the UK.
The partnership will focus on the optimisation of a 50MW battery energy storage system (BESS) located in North Baddesley, UK and its enrolment in the capacity market. This BESS will benefit from GridBeyond’s Energy Management System and AI-driven optimisation platform, which enables real-time optimisation, design, forecasting, and trading. This will allow access to new revenue streams in the UK energy market. The accurate energy price forecasting will also enable strategic charging and discharging, aligning with market dynamics and prolonging the life of batteries.
Leo Bedford, Partner at ep Group, stated, “Our partnership with GridBeyond advances our mission to accelerate the shift to distributed, decarbonised, and digitised energy systems. With this partnership, we’re combining GridBeyond’s leading optimisation capabilities with Pixii’s power conversion technology and ep Group’s delivery expertise to help clients transform energy infrastructure into a strategic, value-generating asset.”
Scott Berrie, Director of Origination at GridBeyond, expressed his excitement about the partnership, saying, “We are delighted to work together with ep Group to support their growing BESS portfolio. This partnership demonstrates our commitment to advancing energy storage in the UK and highlights the strength of our AI-driven optimisation capabilities, utilising our market-leading forecasting and asset state-of-health expertise to maximise profits across all markets. Energy storage solutions are essential to enabling the full potential of renewable energy, adding flexibility and reliability across the grid.”
GridBeyond’s vision is to deliver a global zero-carbon future. By leveraging AI, the company innovates and collaborates with its customers to create optimal value from energy generation, demand, and storage to achieve a zero-carbon future. GridBeyond’s technology bridges the gap between distributed energy resources and electricity markets, allowing every connected asset to be utilised to maximize opportunities and enhance the grid. This also means that asset owners and energy consumers can unlock new revenues and savings, resilience, and management of price volatility, while supporting the transition to a Net Zero future.
Ep Group is a specialist energy transition company that offers a range of services, including advisory, sustainable building design, capital investment, and infrastructure delivery. Ep Pixii, a part of ep Group, is the exclusive distribution partner for Pixii batteries in the UK.
For more information on GridBeyond and ep Group, please visit their respective websites at www.gridbeyond.com and www.epgroup.com.