carbonTRACK’s technology delivers the intelligent energy management systems that facilitate embedded networks, Virtual Power Plants and smart grids, enabling individuals, communities, businesses and countries to harness legacy and renewable energy and harvest the benefits.
Australian energy company carbonTRACK has joined the major BankEnergi III consortium which recently won an Innovate UK grant to develop an industry-leading end-to-end energy trading solution in London's South Bank area.
The Consortio-led BankEnergi III group aims to create a local energy economy in South Bank by deploying an end-to-end solution that enables energy to be traded from building to grid supply point. The peer-to-peer energy network will allow members to trade energy with each other, creating a local energy economy and giving them an option to avoid big energy suppliers.
carbonTRACK, through its local arm carbonTRACK UK, will leverage its global expertise to deliver a behind-the-meter solution with demand response and Virtual Power Plant (VPP) capabilities at London South Bank University. The site will connect into the wider energy ecosystem through a ground-breaking open energy data integration layer linked into carbonTRACK’s VPP solution for interfaces with various route-to-market providers.
carbonTRACK Managing Director Spiros Livadaras said the consequent balancing of energy would set the standard to solve grid constraints caused by an ageing and under-capacity energy distribution infrastructure. “It’s widely recognised that a flexible approach to managing the whole energy system is a key strategy to achieve the UK’s target of carbon-neutrality by 2050,” he said.
Innovative Australian energy retailer Mojo Power has chosen energy industry disrupter carbonTRACK to put carbonTRACK’s intelligent energy management systems in the hands of its customers.
carbonTRACK https://carbontrack.com.au/ provides an ‘always on’ smart gateway for a house or business to remotely monitor and control electricity use, allowing smart home control, such as switching schedules, customisable alerts etc, through a smartphone. These tools will provide Mojo customers with a high level of control, thus potentially lowering costs, as well as enabling Mojo to provide a better service through Virtual Power Plant (VPP) functionality.
Sydney-based Mojo Power has signed a memorandum of understanding with carbonTRACK to deploy carbonTRACK’s technology in a live deployment with targeted customers. carbonTRACK’s system will equip Mojo customers to automatically turn off or defer intense energy usage during peak price periods. Once the benefits are proven, Mojo will deploy the system more widely for its customers.
Australian energy storage company Redflow Limited (ASX: RFX) and smart energy system company carbonTRACK today announce an agreement that will enable Redflow zinc-bromine flow batteries to work with carbonTRACK’s energy management system.
This collaboration will deliver Virtual Power Plant (VPP) functionality on Redflow battery systems, enabling customers to leverage carbonTRACK’s intelligent control algorithms to optimise the benefits of Redflow’s flow batteries by tailoring the total power system to each customer’s needs.
carbonTRACK and Redflow will initially explore opportunities to collaborate in the strategically important South African market where both companies have built a presence over the past few years. Challenges caused by the notorious unreliability of South Africa’s national electricity grid provide multiple opportunities for Redflow’s energy storage solution to work with carbonTRACK’s intelligent energy utilisation software. Potential South African target customers include commercial and large residential deployments as well as off-grid energy systems.