Allye Energy Limited
Country: United Kingdom
Award:
"Revolutionizing Energy Storage Solutions Now"
Allye Energy is developing smart energy storage solutions for the local grid and communities, solving constraints and lowering costs to create a new $1 trillion market for virtual energy storage and digital energy services. As the “AWS of energy storage”, Allye’s local energy management platform comprises software controlled, shared battery storage either behind-the-meter or in-front alongside distribution network transformers. Through multi-user forecasting Allye’s platform optimises energy at a local level, to increase flexibility, automate demand-side response and reinforce the network through voltage control and constraint management. Just like the shift from storing photos on a hard drive to the cloud, Allye provides virtual energy storage for end users, hosted and managed by community batteries, at 100x lower cost than physical storage. Allye’s platform coordinates a network of distributed batteries to create a whole new market to access, share and monetise energy across communities, lowering energy costs and liberating the market.