AutoGrid Named Energy Productivity Innovation Challenge (EPIC) Winner

MARRAKECH, MOROCCO and REDWOOD CITY, CA--(Marketwired - Nov 15, 2016) - AutoGrid Systems, the Energy Internet leader, today announced that is has been was named a winner in the systems category of the Energy Productivity Innovation Challenge (EPIC). A global initiative devised and delivered by Energy Unlocked (a hub for innovation in global energy systems) and ClimateWorks, the winners were recognized at a ceremony hosted by the World Business Council for Sustainable Development on November 15 at the Low Emissions Solutions Conference, taking place during the COP22 UN climate summit in Marrakech, Morocco.

Energy Unlocked's EPIC 2016 competition aims to discover and promote new market entrants who can help homes, industry and big business use less energy, at lower cost and with a lower carbon footprint. Advances in predictive analytics, real-time optimization, edge computing, fintech and battery storage are creating new demand-side flexibility and compelling opportunities to modernize the way the world produces, buys and consumes energy.

Winners in the five EPIC categories -- homes, buildings, mobility, systems and finance -- were selected by an international jury assessing their impact on productivity, global transferability and innovation. Partners of the EPIC initiative include the Climate Group's EP100 initiative, the Global Alliance for Energy Productivity and the Alliance to Save Energy.

Using Flexibility Management to Increase Energy Productivity
AutoGrid was recognized for its suite of flexibility management applications, AutoGrid Flex™, which enable utilities and energy service providers to use the Energy Internet to predict, optimize and control any networked distributed energy resource (DER) -- including Combined Heat and Power (CHP) units, demand response (DR) programs, distributed solar, industrial lighting systems, battery storage systems and smart thermostats -- in real time and at scale. By enabling them to maximize the energy productivity of these DERs, utilities and energy service providers can better balance supply and demand on an increasingly complex, multi-directional and renewable energy powered grid.