Battery optimisation and trading intelligence platform OptiGrid has announced a new partnership agreement with specialist energy solutions provider Acacia Energy.
The collaboration will accelerate the rollout of batteries for Acacia Energy’s commercial and industrial (C&I) customers and small-scale renewable energy developers and support their participation in the NEM.
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Under this partnership, Acacia Energy will resell OptiGrid’s OptiBidder platform, which has AI-powered forecasting and optimisation algorithms that optimise the operations of batteries to maximise the revenue for Acacia Energy’s C&I and grid-connected battery customers in the NEM.
OptiGrid CEO Sahand Karimi said, “Our partnership with Acacia Energy is a step forward in demonstrating how we’re making battery optimisation and trading intelligence more accessible to asset owners, developers and operators.”
“Australia’s distribution networks are full of battery development potential. With greater value capture and smarter optimisation, the C&I and sub-5MW segments stand out as a major opportunity.”
“Working with Acacia Energy means we can support distributed battery developers and commercial customers to provide them with the insight and performance they need to invest confidently in batteries and accelerate Australia’s clean energy transition.”
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Acacia Energy CEO Stephen Thomson said, “Commercial businesses and small-scale renewables developers need certainty that their investment in batteries will deliver financial returns. OptiGrid maximises that value to our customers by being the best forecasting and optimisation platform that is built for the National Electricity Market.”
“Some of the largest energy users in Australia, such as cold storage, agriculture and manufacturing customers, are under significant pressure to reduce their operating costs in the face of high power prices. By investing in batteries and rooftop solar, they can use energy stored for their day to day operations and trade any excess energy with the wholesale market.”
