Transforming Energy Assets into Opportunities for a Zero-Carbon Future: GridBeyond

In a world striving for sustainability, GridBeyond stands out as a transformative force in the energy sector. With a commitment to collaborating closely with its customers, the company seeks to unlock the full potential of energy assets. GridBeyond aims to create a future defined by sustainability, resilience, and affordability, guiding the way toward a zero-carbon world.

Through its innovative technology, GridBeyond harnesses the capabilities of every connected asset, from utility-scale renewable generation and battery storage to industrial loads. By intelligently dispatching flexibility into the right market at the right time, asset owners and energy consumers can discover new revenue streams, enhance resilience, manage price volatility, and contribute to the transition to a net-zero future.

Unleashing Energy Innovation: The Story of GridBeyond

GridBeyond is a pioneering smart energy company, co-led by Michael Phelan and Richard O’Loughlin. Since its commercial launch in 2010, the company has been at the forefront of revolutionizing the energy sector through cutting-edge technologies and innovative business models. As a global leader in managing assets at the grid edge, GridBeyond has made significant strides in the transition to the next-generation electricity industry.

Beyond being the first to introduce a hybrid battery and demand network, GridBeyond's advanced AI-driven Distributed Energy Resource Management System (DERMS) and Virtual Power Plant (VPP) platform elevates asset management capabilities. By optimizing real-time energy usage, enhancing efficiency, and ensuring grid stability, the platform empowers businesses and utilities to achieve future-proof energy solutions that yield revenues, savings, and funding. Furthermore, GridBeyond supports the seamless integration of renewable energy sources into the broader energy landscape.

Through its technological excellence, consultative approach, and unparalleled expertise, GridBeyond is accelerating the shift toward a sustainable and greener future, making a lasting impact on the energy industry.

Asset Owner FTM: Maximizing the Value and Lifespan of Energy Assets

Asset Owner FTM is focused on helping utility-scale energy storage and distributed generation assets reach their full potential. The company works across various sectors, including wind, solar, hydro, battery, natural gas generation, and corporate power purchase agreements (PPAs). By partnering with renewable asset owners, operators, and developers, Asset Owner FTM ensures that generation assets of all sizes deliver the maximum value per megawatt (MW).

To achieve this, Asset Owner FTM offers a range of services designed to support its clients. They provide risk modeling and impact analysis to help clients understand potential risks and their effects on assets. With their forecasting capabilities, the company delivers insights that aid in making informed decisions and provides market intelligence to guide clients in navigating the energy landscape. They also focus on optimizing profits and managing risks related to price fluctuations.

Asset Owner FTM helps clients access various energy markets, enabling them to maximize their returns. They facilitate real-time market participation and automated trading strategies, making operations more efficient. With advanced analytics and visualization tools, clients are equipped with the resources they need to manage their assets effectively.

In terms of portfolio and risk management, Asset Owner FTM helps clients discover new revenue opportunities while keeping an eye on price volatility and managing curtailment for their generation assets. The company employs responsive controls that optimize asset performance throughout different times of the day, ensuring connection points aren’t overloaded.

Additionally, Asset Owner FTM assists clients in hedging their investments and crafting lucrative Power Purchase Agreements (PPAs) to boost profitability. They guide clients through various energy markets and grid programs to ensure they get the most out of their investments.

For battery storage, Asset Owner FTM aims to maximize long-term revenues while considering warranty, degradation, and operational constraints. Their managed AI solution combines expert knowledge with the latest technology, increasing efficiency and competitiveness in the ever-changing energy market.

Energy User BTM: Turning Energy Demand into Opportunity

Energy User BTM focuses on optimizing demand-side assets of all sizes, transforming energy consumption into valuable opportunities. GridBeyond leverages machine learning technology to empower industrial and commercial (I&C) businesses, enabling them to engage in a variety of programs designed to enhance energy automation, provide insights and benchmarks, and ultimately drive savings, revenues, and sustainability.

In sectors like aggregates, chemicals, crypto, data centers and telecoms, food and logistics, healthcare, retail and commerce, and many others, GridBeyond is committed to helping businesses enhance their sustainability efforts while unlocking new revenue streams and savings. For example, in the aggregates industry, which includes asphalt, cement, concrete, and silica sand, GridBeyond partners with businesses to improve their sustainability credentials while creating opportunities for financial growth.

The company adopts a holistic approach to energy management, ensuring that clients receive engineering excellence tailored to their specific needs. They provide comprehensive risk modeling and impact analysis, which help clients understand potential challenges and their effects on operations. Decision-making support is also a key aspect of their service, enabling businesses to make informed choices about their energy strategies.

GridBeyond works on optimizing energy procurement to achieve significant cost savings while integrating supply contracts seamlessly. They also assist with tariff forecasting, allowing businesses to anticipate market fluctuations. By providing market access and facilitating real-time participation, GridBeyond helps clients capitalize on energy market opportunities.

Michael Phelan: Board Director, CEO & Co-Founder

Michael Phelan brings over 22 years of extensive management experience in sales, marketing, and product development within the electronic and software sectors, specifically targeting the energy industry. As a visionary leader, Michael has a proven track record of driving growth and innovation in highly competitive markets.

A proud alumnus of University College Dublin, Michael earned his MBA in Business Administration, Management, and Operations. His rich experience and strategic vision continue to propel GridBeyond toward a sustainable and innovative energy future.

“Our mission is to empower our clients with the tools and insights they need to turn energy demand into valuable opportunities, driving progress toward a more sustainable and resilient future.”