GridPoint
GridPoint uses intelligent software to analyze data from HVACs, refrigerators, and lights to pinpoint inefficiencies, achieving over $1 billion in energy savings and avoiding over 13 billion pounds of CO2 emissions.
Services
GridPoint provides a unified platform that serves businesses and utilities by connecting both sides of the meter. The company offers various services including real-time visibility into facility operations and equipment performance, automated anomaly detection, HVAC health monitoring, and advanced scheduling. Additionally, GridPoint offers energy metering, asset control, automated demand response, and energy optimization. These services help manage critical equipment such as HVAC systems, lighting, refrigeration, and kitchen equipment, with a focus on enhancing energy efficiency, operational efficiency, and sustainability.
Energy Savings and Environmental Impact
GridPoint has made significant contributions to energy savings and environmental sustainability. The company has achieved over $1 billion in energy savings for its customers and has helped avoid over 13 billion pounds of CO2 emissions. Additionally, GridPoint has reduced energy consumption by over 7.5 billion kWh. These achievements highlight the company's focus on sustainability and its role in contributing to grid resiliency and achieving sustainability goals.
Technological Capabilities
GridPoint employs intelligent software to analyze data from HVACs, refrigerators, and lights to pinpoint inefficiencies. The platform captures real-time granular equipment level information, building performance data, historical data, and utility grid status. GridPoint IntelligenceTM automates building operations to maximize efficiency and offers automated anomaly detection to identify and address inefficiencies. Enhanced by HVAC advanced scheduling, the software enables precise adjustments based on time-of-use schedules, occupancy, sensors, and daylight.
Industry Applications
GridPoint serves multiple industries, including food and beverage, retail, and convenience stores. The company's solutions assist in managing energy usage, operational efficiency, and sustainability within these sectors. For instance, GridPoint provides HVAC monitoring to extend system life and improve performance, offers refrigeration monitoring to prevent food spoilage, and develops energy strategies to manage demand based on peak pricing and extreme weather conditions. These tailored solutions ensure industry-specific needs are met while contributing to overall energy efficiency and sustainability.
Sustainability Initiatives
GridPoint aims to deliver a gigawatt scale distributed virtual power plant (VPP) by 2035, contributing to a more resilient and sustainable energy grid. The company helps buildings become grid-interactive and supports grid resiliency through automated demand response programs, which help avoid outages and generate financial incentives for participating businesses. GridPoint also offers decentralized network solutions for grid-interactive buildings, unlocking potential for decarbonization and enhanced sustainability. These initiatives underscore GridPoint's commitment to promoting energy efficiency, sustainability, and operational efficacy.