carbonTRACK UK joins BankEnergi III consortium & wins Innovate UK grant
Birmingham, UK, June 17, 2020– BankEnergi III consortium wins Innovate UK grant to develop an industry leading ‘end to end energy trading’ solution. The Consortio led project will develop an end to end solution allowing energy to be traded from building to grid supply point.
carbonTRACK will leverage all its global expertise to provide a behind-the-meter solution with demand response and virtual power plant capability at the London South Bank University. The site will be used to demonstrate connection into the wider energy eco system through a ground-breaking open energy data integration layer which will integrate into carbonTRACK’s VPP solution and create interfaces with various route to market providers. The resulting balancing of energy will set the standard to solve grid constraints caused by an aging and under capacity infrastructure. A whole energy system and flexible approach is widely recognized as a key strategy in delivering the UK’s carbon neutral target by 2050.
The consortium consists of:
- CONSORTIO LTD
- 4D ENERGY ADVISORY LIMITED
- carbonTRACK UK LTD
- FINTRICITY GROUP LIMITED
- IBECCS LTD
- LONDON SOUTH BANK UNIVERSITY
- TONIK ENERGY LIMITED
- WALES & WEST UTILITIES LIMITED, and
- POWER TRANSITION LTD
About carbonTRACK UK
carbonTRACK UK, headquartered in Birmingham, is supporting the UK’s innovation priorities. Since its Clean Growth category win of the UK Tech Rocketship awards, interest in carbonTRACK’s decentralised energy management solution has been growing.
Its technology is connecting energy generators, energy distributors and energy consumers – delivering embedded networks, Virtual Power Plants and facilitating smart grids. It enables a distributed energy future.