Wednesday, October 9, 2024
Infrastructure and TechnologyLatestNews

Smart battery solution aims to cut energy bills by 50%

Technology firm Allye has launched a new smart battery technology platform to provide greater flexibility and resilience at a local and community level for energy users.

The battery solution aims to “go beyond” the storage of clean energy off-peak and provide “intelligence needed to dispatch power when and where it is needed at peak times”.

It will work through smart technology and distributed batteries being deployed at scale across the entire electricity system to provide automated demand-side response, increased flexibility and a range of other services.

Through its intelligent energy platform and distributed battery systems, Allye aims to drive down energy bills by up to 50% for factories, businesses, the high street and eventually all types of homes, it said.

Allye Energy was founded by Jonathan Carrier, Jack Levy and Lorenzo Bergamaschi, who have worked in product development, systems engineering and battery technology from the automotive industry, having previously worked at firms such as Arrival, McLaren and Jaguar Land Rover.

Jonathan Carrier, co-founder and CEO of Allye said: “We want to be an ally to the grid network, to support the decarbonisation of the power system and deliver a step change in the digitalisation of electricity supply and demand. We believe our energy storage systems enable disruption with collaboration, driving efficiency across the value chain so that everyone can benefit resulting in significant savings for all, especially the end user.

“Our software-enabled hardware provides the grid with greater flexibility at a local level, by considering our systems as a collective, how they work together as a community to provide benefits for all. Our technology goes beyond the storage of clean energy off-peak, to the intelligence needed to dispatch power when and where it’s needed at peak times. We want to work with the grid at a national and regional level to provide greater flexibility, automation and services that alleviate network capacity constraints and reduce the billions in investment required to meet the demands of a fully electric and net zero future. We believe there’s another way”.

“Energy storage is the missing piece of the jigsaw alongside renewable generation. Allye will be an enabler for the energy transition, supporting the grid and helping businesses and households access cleaner, cheaper energy. A unique ‘energy-storage-as-a-service’ business model makes our systems affordable for every type of business and home. We need batteries at scale to drive down costs while maximising benefits for grid operators and DNOs through flexibility.”

Image courtesy of Allye

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