Electro Power Systems and AutoGrid join forces for the most comprehensive energy storage platform worldwide, from storage systems to predictive & control software technology
PARIS, FRANCE and REDWOOD CITY, CA. – December 22, 2015 – Electro Power Systems S.A. (“EPS”), listed on the regulated market Euronext Paris, with R&D and manufacturing in Italy, is the pioneer of technology-neutral, fully-integrated hybrid energy storage solutions for grid support and off-grid power generation, listed on the regulated market Euronext Paris, announces the partnership with AutoGrid Systems, a leader in big data analytics and control software for the energy industry.
EPS will use AutoGrid’s Predictive Controls™ technology to enhance EPS energy storage systems, providing utilities and grid operators with the ability to forecast, optimize and control their portfolio of storage systems, along with any other distributed energy resources such as solar and wind power systems, CHP plants and demand response resources, in real-time and at scale.
Moreover, these software capabilities will help customers to reduce demand charges and aggregate distributed energy assets into a single flexible dispatch-grade resource that can participate into utility demand response programs or to trade directly in electricity markets.