AutoGrid Launches AI Solution for Cleaner and Cost-effective Grid Operations

What’s Happening: AutoGrid, a leading provider of Virtual Power Plant (VPP) and Distributed Energy Resource Management Solution (DERMS), has launched AutoGrid Flex EV, an AI-powered solution aimed at enabling cleaner, more reliable, and cost-effective grid operations. The solution leverages the company’s track record of over a decade of experience harnessing EVs and other distributed energy resources (DERs) and utilizes the broadest network of automotive, charging, and device providers.

Why It Matters: With EV sales expected to exceed 50% of total auto sales by 2030, utilities are facing a rapid rise in electricity demand and an enormous opportunity to tap flexible capacity. AutoGrid Flex EV is designed to help utilities survive and thrive in the EV era by providing them with EV charging insights, demand forecasting, the ability to shape load and manage demand peaks, and a seamless customer experience. The solution promises to be the industry’s most complete solution across the DER spectrum.

Key Points:

  • AutoGrid Flex EV is an AI solution designed to enable cleaner, more reliable, and cost-effective grid operations.
  • The solution leverages AutoGrid’s over a decade of experience in harnessing EVs and other distributed energy resources (DERs) and utilizes a broad network of automotive, charging, and device providers.
  • AutoGrid Flex EV provides utilities with EV charging insights, demand forecasting, the ability to shape load and manage demand peaks, and a seamless customer experience.
  • The solution promises to be the industry’s most complete solution across the DER spectrum.
  • AutoGrid has successfully deployed a previous version of its Flex EV solution at scale at multiple utilities across North America and globally.
  • The new solution is a quantum leap for decarbonization and democratization of the grid.

Bottom Line: AutoGrid’s Flex EV solution promises to be the industry’s most comprehensive solution for enabling cleaner and cost-effective grid operations. With the rapid rise in electricity demand due to EV sales, utilities need solutions like AutoGrid Flex EV to tap flexible capacity, shape load, manage demand peaks, and provide a seamless customer experience. The new solution is a quantum leap for decarbonization and democratization of the grid.

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