Gridcog, a cleantech software firm, stated today that it has raised £3.3 million.
A framework for tracking and simulating clean energy has been created by Gridcog. It helps businesses planning to engage in sustainable energy projects to choose the best option for their specific needs, be it large-scale solar or electric vehicle charging, among other things.
It is necessary to take into account a wide range of extremely dynamic technological, physical, financial, and market factors in order to invest in the energy transition with confidence.
Prior to Gridcog, businesses wishing to undertake these investments were forced to rely on a variety of specialized instruments, spreadsheets, and pricy consultants.
Businesses can gain a comprehensive picture of their energy resources using Gridcog, including variable loads across different sites and energy markets, solar, wind, battery storage, electric vehicle fleets, and charging infrastructure.
With the use of live feeds of energy prices and other market factors, Gridcog’s platform enables customers to evaluate the performance of current solutions, model the effects of project and market changes, and see how their projects compare in various commercial situations.
For even the most complicated projects spanning the whole energy value chain, Gridcog assists businesses in modeling and testing the most commercially feasible options in a timely, transparent, and accurate manner.
Multi-asset, multi-site projects in the UK, Europe, Australia, New Zealand, and Japan are managed by Shell, Mitie, and EY using Gridcog.