Giving renewable energy project developers more power by evaluating energy resources and production systems that are not centralized.
Decentralized energy resources (DER) and renewable energy production installations are much more profitable when paired with energy storage systems and other flexible loads. These hybrid systems make it possible to make more money on new energy markets while lowering costs and emissions and making energy more secure. The fact that these systems are hard to evaluate is still a problem. Because they don’t know enough or have the right skills, commercial and industrial energy consumers find it hard to find good partners or get stuck in a complicated process with too many different players (engineering consultancy, contractors, operators, etc.). This wastes time and makes things less clear. It also makes the solution less profitable, since each actor tends to sell their ready-made solution or area of expertise. Optiwize® is a web-based AI solution that is driven by data and gives guidance to business and industrial decision-makers on how to analyze, install, and control the best renewable energy generation and storage systems on-site. Optiwize® finds the best investments in new and clean energy technologies by putting together global measurement data on site energy consumption, weather conditions, GHG emissions, energy prices, and other financial information. It does this in real time by calculating the optimal setpoints that meet the organization’s environmental and financial goals. By doing this, Optiwize® offers a way to use and store energy on-site that is efficient, profitable, and good for the environment.
Positive facts about Optiwise®
Up to 20% CO2 emissions reduction compared to non optimal achieved installations
Up to 30% CO2 emissions reduction compared to no installation
Up to 30% energy cost reduction, up to 20% new revenues on energy markets
Return on Investment in 1-2 years
Optiwise® website : https://likewatt.com/