- BG
- Company Name
- OrxaGrid
- Headquarters location
- London, United Kingdom
- Year founded
- 2017
- Keywords
- Click to Edit
- Company Headline
- OrxaGrid supports the global drive towards sustainability through their smart grid energy optimisation platform, leveraging sensor data and unique energy optimisation algorithms.
- Company Description
-
OrxaGrid is an award-winning innovative startup which supports the global drive towards sustainability and a better energy future by providing a combination of sensors and unique data science algorithms.
Problem:
- Electric utilities and large energy consumers are facing increasing challenges in utilising affordable, sustainable and reliable electricity
- Demand for energy is increasing globally through electrification of transportation (Electric Vehicle charging), heating and other industries
- An ageing electricity network is struggling to integrate low carbon technologies that are inconsistent and variable creating challenges to manage without outages
- Growing costs, competition and regulations mean that industries need to do more to reduce their energy footprint.
Solution:
Our IoT sensors report energy flow and performance of energy assets to our AI platform that utilises optimisation algorithms for pinpointing network imbalances, forecasting demand, estimating energy losses, and power outages. Our solutions primarily focus around 3 challenges: energy efficiency, fault prevention and asset health management