Gridcog energy solutions attract global customers
Software predicts better environmental, commercial outcomes
Gridcog takes a holistic approach to the clean energy transition, using its intelligent technology platform to plan, track and optimise distributed energy projects anywhere in the world.
There will be trillions of dollars of investment in distributed energy assets over the coming decades as the energy system becomes fully decentralised, fully electrified, and zero-emissions, and as we electrify everything and replace all the fossil fuel infrastructure in the world. We’re here to help the players rolling out new energy assets to get the best economic outcome for their stakeholders and the best environmental outcome to tackle the climate crisis.Pete Tickler and Fabian Le Gay BreretonCo-founders, Gridcog
The CEFC, through the Clean Energy Innovation Fund, has invested $925,000 in Gridcog, as part of two capital raisings that have attracted investment support from some of Australia’s leading tech and clean energy investors, including Alberts Impact Ventures, After Work Ventures, John Clifford, Kara Frederick from Tiger Financial Group and Deliveroo Australia CEO Ed McManus.
The Gridcog intelligent technology platform enables multi-market, multi-site and multi-asset energy project simulation, optimisation and tracking. Its software service enables emerging and established energy players to get the best commercial and environmental outcomes from distributed energy resources (DER).
Managing changing energy needs
The way electricity is produced and managed is changing, as millions of households and businesses take up DER such as rooftop solar, battery storage, thermal energy storage, electric vehicles and chargers, smart meters and home energy management technologies.
Energy generated through DER technologies is providing localised, lower cost electricity at a lower emissions intensity than electricity generated at large, centralised power stations.
Predicting outcome through simulation
The game changing Gridcog software creates a sophisticated digital twin of existing and future energy projects, so it can run thousands of simulation, optimising technology and commercial decisions across far more variables than was previously possible, to drive the best possible environmental and financial outcomes.
The technology is being used to simulate and optimise virtual power plants, community batteries, electric vehicle charging networks and behind-the-meter solar and storage systems.
Attracting global customers
Gridcog has attracted interest from customers across Australia, New Zealand and the United Kingdom. Gridcog clients include Ampol Australia, Origin Energy, Ausnet Services and Synergy as well as electric vehicle charging network Jet Charge and the RACV.
Gridcog announced in April 2023 that it had received a NSW Government grant to complete a 24/7 Carbon Free Buildings project in collaboration with energy management consultancy DeltaQ and global real estate services firm JLL. The project is aimed at helping commercial building owners measure property carbon footprints more accurately and build an understanding of how load profiles can be changed to maximise emissions reduction and optimise renewable energy use.
In 2022, Gridcog was named in the SET100 list – an annual compilation by the global innovation platform Start Up Energy Transition, which recognises energy transition startups that are transforming the industry and shaping the future of energy worldwide. This international recognition followed Tech23 naming Gridcog as one of Australia’s “game changing” deep tech companies in 2021.
Gridcog, previously known as Gridcognition, is the second energy tech startup from Peter Tickler and co-founder Fabian Le Gay Brereton. The team co-founded one of Australia’s leading sustainability and energy analytics businesses, Greensense.
Virescent Ventures manages the Clean Energy Innovation Fund on behalf of the CEFC.