Irish Energy-As-A-Service company GridBeyond is expanding its footprint in Australia and meeting the ever-increasing need for grid balancing services across the National Electricity Market (NEM) with the opening of a new office in Sydney, NSW.
The company, which is headquartered in Dublin and has existing overseas offices in the UK (London), the US (Houston), Canada (Toronto) and Japan (Yokohama), launched operations in Australia just over a year ago and has been growing steadily supporting Australian businesses through its AI-powered demand response and virtual power plant (VPP) services and storage asset optimisation.
While these systems enable large energy consumers to access the most rewarding demand response programmes and generate an additional revenue stream by intelligently dispatching flexibility and adjusting electricity consumption for a short period, they also support grid operators to balance supply and demand of power. This will increase Australia’s energy resilience in the coming years as old carbon-intensive energy sources such as coal-fired power stations are decommissioned and more renewable energy sources and storage are integrated into the mix as the country transitions to a Net Zero economy.
Its new Australian headquarters in Sydney, which was officially opened by Irish Minister for Enterprise, Trade and Employment, Simon Coveney T.D. during his recent trade visit to Australia, will be an interface for GridBeyond’s Australian customers. The company has plans to double its headcount in Australia by the end of the year to support the demand for its technology and services in this fast-growing market.
Speaking about the opening of their new office, GridBeyond Australia Sales Director Lisa Balk said:
“Closing out our first year here in Australia couldn’t be more fitting than with the opening of a new Head Office in Sydney. We have been fortunate to have built on our portfolio globally and enter the Australian market stronger than we could have predicted. With a steadily growing portfolio of clients, supported by a specialist team of people within GridBeyond here in Australia, we look forward to continued growth across the Energy industry through supporting large C&I businesses to monetise their assets and assist to offset rapidly growing energy bills. Meeting Minister Coveney and receiving his well wishes was a personal career highlight for me. GridBeyond would also like to thank the Enterprise Ireland team for their continued support throughout this year.”
Eoin Hughes, Enterprise Ireland A/NZ’s Energy Lead added: “Awareness of demand response programmes as an additional revenue generator, grid stabilizer and renewable energy facilitator is growing in the local market thanks to companies like GridBeyond, who are educating large energy consumers and providing the technology to access these programmes. It’s an exciting time for the company who is helping to lead the charge in this area here in Australia”.
To learn more about Gridbeyond’s technology platform for managing distributed and flexible energy resources, visit www.gridbeyond.com to book a 20-minute eligibility assessment.
