Enabling people to get paid for not using energy
Founding Year: 2014
The UK’s electricity grid is under stress. At peak times, it runs very close to full capacity – creating risks of blackouts, increasing the cost of electricity and driving up our use of dirty, carbon-emitting energy generation.
National Grid is addressing the problem by paying large energy users to reduce their demand at peak periods. But why should only large businesses benefit from this market?
Upside aims to open this market up to everyone. We enable households and small businesses to get paid to reduce their energy usage at peak time by operating a cloud service that coordinates the charge and discharge cycles of the batteries they own.
Everyone wins: people pay less for their energy, CO2 emissions are reduced and the grid runs more reliably and efficiently.
Team Members: Graham Oakes (PhD Geophysics, DIC, FBCS, CEng); Matt Potts (MSc Computer Science); Matt Fisher (MSc Computer Science)