EDF Energy has paved the way for its business customers to access additional revenue streams traditionally associated with generators and large suppliers, after signing a deal with Upside Energy. Through the partnership, Upside Energy’s cloud-based platform will be used alongside EDF Energy’s PowerShift flexibility platform, to give customers access to markets in which to sell … Continue reading Upside Energy signs demand side response deal with EDF Energy
We are excited to announce that Upside Energy are one of the 2018 Ashden Award Winners for Energy Innovation. Ten innovative organisations have been chosen from across the globe as the best in sustainable energy. Ashden work to encourage the growth of sustainable energy to tackle climate change and bring social and economic benefits to … Continue reading Upside Energy wins prestigious 2018 Ashden Award
Upside Energy took a significant step towards expanding the reach of its cloud platform when it was successful with three bids to Innovate UK’s recent Vehicle-to-Grid funding call. These projects will extend the flexibility Upside Energy can deliver to the energy system, and the value it can deliver to consumers and product manufacturers. The three projects, … Continue reading Upside Energy wins three Vehicle-to-Grid projects
Legal & General Capital, the principal investment arm of Legal & General Group, and SYSTEMIQ, a purpose driven investment and advisory firm established in 2016 to tackle system failures, have co-led the Series A investment in Upside Energy (“Upside”).
Upside Energy are delighted to announce that BEIS and Innovate UK have awarded £2.5m to a consortium led by Upside.
Innovate UK has supported Upside Energy from the beginning, from startup with an initial grant allowing us to employ our first member of staff through to providing access to business mentoring and connecting us to customers.
To find out more, read the full case study on Gov.uk
Following success at the regional finals in March, UK-based start-up Upside Energy has beaten over 130 competitors to be named national winner of the prestigious 2017 Shell Springboard programme at an event in London on 6 April. The award, worth a total of £150,000, was made in recognition of the groundbreaking work Upside Energy is doing using cloud technology to smooth the flow of energy across the electricity grid.
Next generation AI techniques for energy demand response
Upside Energy and Heriot-Watt University have been awarded a Knowledge Transfer Partnership (KTP) grant by Innovate UK to maximise the opportunities presented by the emerging energy demand response market.
The project will use machine learning, and distributed artificial intelligence methods to manage a portfolio of storage assets to provide real-time energy reserves to the grid.
Upside were recently announced as one of the winners of EDF Blue Lab, EDF Energy’s innovation accelerator, created to harness the latest technologies, developing energy services and testing the new business models of tomorrow.
Upside Energy has won the Smart Grid Technology of the Year and come Highly Commended in the Technology of the Year award, sponsored by Innovate UK, at the 2016 BusinessGreen Technology awards in London.