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Empowering renewable energy project developers through the assessment of decentralized energy resources and production systems
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Optiwise®
Empowering renewable energy project developers through the assessment of decentralized energy resources and production systems
Label Date
July 22, 2020
By
Likewatt
From
France
Maturity stage
TRL 7 - Prototype testing in the real world
Decentralized energy resources (DER) and renewable energy production installations are much more profitable when coupled to energy storage systems and other flexible loads. These hybrid systems allow revenue stacking on new energy markets whilst reducing emissions and costs and increasing energy security. A challenge however remains in the complexity of the assessment of such systems. Due to their lack of awareness and skills, commercial and industrial energy consumers struggle to find appropriate partners or stuck in an intricate procedure with too many different actors (engineering consultancy, contractors, operators, etc.). This results in losing time and transparency and leads to a less profitable solution as each actor tends to sell their off-the-shelf solution or expertise. Optiwize® is a data-driven AI web solution providing decision makers in commercial and industrial sites autonomous guidance to analyse, implement and control optimal onsite renewable energy generation and storage installations. Assembling global measurement data of site energy consumption, meteorological conditions, GHG emissions, energy prices and other financial information, Optiwize® detects the most suitable investments in new and clean energy technologies and maintains maximum profitability of the achieved installation on real time by calculating optimal setpoints in line with the organisation's ecological and economical targets. In doing so, Optiwize® provides an efficient, profitable and sustainable solution for on-site energy use and storage.
The Environmental Benefits
- •Up to 20% CO2 emissions reduction compared to non optimal achieved installations
- •Up to 30% CO2 emissions reduction compared to no installation
The Financial Benefits
- •Up to 30% energy cost reduction, up to 20% new revenues on energy markets
- •Return on Investment in 1-2 years
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Company Profile
Likewatt
Cutting-edge solutions for optimal design and operation of decentralized renewable energy systems.
Headquarters
69003 Lyon, France
Type
Startup or self-employed
Networking Partner
International Cleantech Network
The International Cleantech Network (ICN) is a global network of 13 cleantech clusters on the international forefront of providing innovative and sustainable solutions to meet the growing demand for green technologies.
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82
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Likewatt has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.