With the massive influx of distributed energy resources over the past five years, utilities are facing greater risks of destabilization than ever before. In addition, asset owners - both the grid and customers of the grid - are demanding new business models to monetize existing assets.
A best-in-class software platform that optimizes electricity supply and demand using networks of load-side assets and storage, as well as generation.
During a series of “Deep Dive” studies on Smart Grid and The Future of the Grid, Chrysalix recognized a pain point that the grid was facing and identified loads as a logical, low-cost solution. When Enbala presented, we immediately saw the alignment with our own research.
Enbala’s biggest strength is its ability to optimize a complex problem and package it in such a way that it is non-intrusive to asset owners and highly valuable to both utilities and new energy service providers.
With Enbala’s success, we will see a more efficient grid operation, a lower cost of electricity, reduced GHG emissions and a new type of company that does not exist in the world today.