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Details
Deep dive
Product Overview
The GridBeyond Point platform is designed to simplify energy management by using data from over 70 sources, including market prices, weather trends, and real-time asset performance. This solution uses AI and real-time insights to help businesses save energy, reduce costs, and boost profits.
To see the platform in action, check out this quick overview:
Watch the GridBeyond Platform and Services Demonstration
"GridBeyond can help you. We have the technology, tools and expertise in energy management required to simplify the process of capturing, monitoring and reporting on your energy and carbon use."
Source: gridbeyond.com
This platform is split into 3 distinct areas: TouchPoint, CentrePoint and ViewPoint.
TouchPoint
TouchPoint is the part of GridBeyond Point that links the platform to your site. It uses hardware—installed either physically or wirelessly—to connect to your equipment. Once it’s set up, TouchPoint sends and receives data, so you can control your energy assets in real time. This means you always know what’s happening with your energy and can make quick changes when needed.
CentrePoint
CentrePoint is a cloud-based system that uses AI and machine learning to look at loads of data (over 70 sources) and figure out the best ways to manage your energy. It can even trade energy automatically, making sure your business gets the most value from its energy flexibility. It does the hard work so you don’t have to.
ViewPoint
ViewPoint is the part of GridBeyond Point that helps you get the best return on your energy investments. It provides all the details you need about your energy programs, savings, trades, and overall performance. Whether you’re managing a single battery or a portfolio of assets across multiple sites, ViewPoint gives you full transparency to make informed decisions.
ViewPoint uses AI and data science to forecast market prices and optimize your energy trading. It ensures your assets are dispatched at the right time to maximize revenue, taking into account things like warranties and technical limits.
With tools powered by machine learning, ViewPoint offers up-to-the-minute data about your energy operations. This makes it easier to track performance and spot opportunities.
It also focuses on optimizing each asset individually. This ensures every battery or energy system gets the attention it needs to deliver the highest returns.
Why It Stands Out
What makes ViewPoint unique is its focus on transparency and independence. By treating each energy asset separately, it ensures your investments are fully optimized while keeping technical constraints and long-term maintenance in mind. This approach helps businesses make smart decisions about their energy portfolios without compromising efficiency or profitability.
Curious to see how GridBeyond ViewPoint works in action? Watch the video demonstration below:
View the GridBeyond ViewPoint Demonstration
Source: GridBeyond
How GridBeyond Point Works: Step-by-Step
"Discover why GridBeyond is the partner of choice to help you boost your profits, maximize financial returns, and confidently handle the complexities of the energy market."
Source: GridBeyond
1. Start with Your Assets
The journey begins with your energy assets—whether they involve energy generation, storage, or industrial loads. GridBeyond’s technology focuses on integrating your assets to maximize flexibility and returns. The TouchPoint system works with your existing equipment, allowing for a smooth and easy setup with minimal effort.
2. Unified Connection to the Platform
Once connected, your assets are linked to the GridBeyond platform. This unified system enables participation in key energy programs such as demand-side response (DSR), energy trading, and other flexibility services. The platform allows businesses to adapt easily as energy markets change, ensuring flexibility and control.
3. Intelligent Forecasts and Automation
GridBeyond Point uses AI and machine learning to process data sources, including grid data, market trends, and weather forecasts. By analyzing this data, the platform provides:
Asset optimisation
Price optimisation
Real-time energy trading
Participation in balancing services and DSR
This automation ensures energy flexibility is used efficiently and profitably.
4. Delivering Benefits Back to Your Organisation
GridBeyond helps businesses unlock operational and financial advantages, such as:
Improved energy efficiency
Cost savings through price optimization
Revenue growth from energy trading and market arbitrage
Access to ancillary services and balancing programs
5. All Visible Through the ViewPoint Portal
The ViewPoint portal is your window into energy performance. It enables you to:
Monitor and compare individual assets or projects.
Track energy consumption, generation, and costs.
Create detailed reports for stakeholders.
6. Always Supported by the GridBeyond Team
Behind the scenes, GridBeyond’s 24/7 Network Operations Centre ensures smooth operations. The team monitors grid activity, manages trading, and provides Virtual Energy Manager support to help you maximize the platform’s potential.
7. Paving the Way for a Sustainable Future
GridBeyond is designed for a decarbonized, decentralized, and digitalized energy grid. By integrating renewable energy sources and optimizing their use, the platform reduces dependency on fossil fuels. Businesses benefit from increased sustainability without compromising performance or profitability.
Source: GridBeyond
Recent Funding Success
GridBeyond has successfully raised $55 million in a Series C funding round. The funds will help the company scale its business, expand internationally, and further enhance its AI-powered platform, which bridges the gap between distributed energy resources and electricity markets.
The funding round was led by Alantra’s Energy Transition Fund, Klima, with participation from investors like Energy Impact Partners, ABB, Constellation, and Yokogawa Electric Corporation. GridBeyond plans to use the funding to strengthen its U.S. presence, enter new international markets, and invest in research and development to advance its solutions.
GridBeyond has seen rapid growth, with its annual revenue increasing by an average of 70% over the past three years. In 2023, the company doubled its global team, launched new products, and acquired Veritone Business Energy to meet the rising demand for intelligent energy solutions.
Sources: esgtoday.com, businesswire.com
Pricing
GridBeyond does not publicly list the pricing details for their platform. If you're interested in learning more about the cost of GridBeyond Point and its services, it's best to reach out to them directly through their website.
Closing Insights
GridBeyond Point stands out as a smart, innovative energy management solution for businesses navigating today’s complex energy landscape. What makes GridBeyond Point truly impressive is that it goes beyond just offering advanced AI and automation technologies. While these features are undoubtedly powerful, the platform's real strength lies in how accessible and practical it is for tackling everyday energy challenges faced by businesses. It’s designed to seamlessly integrate into existing systems, making it user-friendly even for teams that may not have deep technical expertise. By focusing on real-world applications—like optimizing energy costs, managing demand, and supporting renewable integration—GridBeyond transforms complex energy challenges into manageable solutions.
If your organization is looking to reduce its carbon footprint while maximizing energy efficiency and financial returns, GridBeyond Point seems like a solid option to explore.