20.6.2022
- Press Release

gridX announces new innovation - Build energy applications in days

The energy industry must urgently decarbonize. Therefore, we need to drive electrification across sectors and source electricity from renewables. This shift gives rise to an increasing number of asset types, partnerships and use cases. Different makes of electric vehicles, charging points, inverters, batteries and heating appliances and various forms of communication within and between energy systems make the work of every player along the energy value chain increasingly complex.

 

In addition, end users want to play a more active role in the energy transition and therefore want intuitive and holistic energy management solutions from a single source. In short, the role of energy players is changing and if companies don’t innovate, they will fall behind. 

gridX's manufacturer-independent XENON platform takes a huge step in quickly and seamlessly integrating devices and systems, and enhancing the flexibility, reliability and sustainability of the grid, while minimizing disruption to companies’ operations. It allows energy to be managed at all levels in real time. XENON also breaks new ground with its ease of installation and rapid time to market. By using modules – building blocks to energy management applications – companies are able to go-to-market more quickly, cover common use cases while also individualizing their solution, and only pay for what they use.

However, with ever stricter carbon emissions targets and consumers’ increasing focus on sustainable solutions, the need to get clean energy projects quickly off the ground and onto the market has never been more urgent. Yet at the same time, companies also want to be able to differentiate themselves by offering unique solutions that they can call their own. Customization and speed, however, are not two terms that usually go hand in hand.

A new way to access XENON

The answer to these conflicting forces comes with the launch of gridX's latest innovation – XENON self-service. It provides a new way to access all the features of XENON, but with greater ease, speed and cost-efficiency, The self-service portal allows businesses of all sizes, from early-stage startups to large corporations, to connect, monitor and control  distributed renewable energy assets and rapidly build energy applications – simply by pressing a few buttons.

Guiding users through self-service configuration and automatic setup and development of energy management applications enables companies to seamlessly create or adapt their offerings and rapidly scale clean energy projects. The zero-touch solution lowers the barriers to entry to digital energy solutions, meaning applications can be built more quickly and cost-effectively. Companies like municipal utilities, startups or scaleups particularly benefit from the robust, scaleable, high-performance and future-proof platform-as-a-service.

How it works

Customers will be able to sign-up for XENON and start creating and operating new energy applications themselves within minutes. XENON’s multi-user feature allows users of one company to collaborate directly within the platform. XENON allows users to bring their devices online. Users can then build custom solutions by combining any of the 14 available modules or even implement their own logic via the gridX API.

“By reducing the complexity and efforts involved in the development of energy applications, companies of all sizes along the energy value chain can use XENON self-service to offer custom solutions, adapt business models and get clean energy projects off the ground," says Andreas Booke, Founder and Managing Director of gridX. "This means that companies can create new revenue streams and enhance customer value, while simultaneously reducing carbon emissions across the industry. By simplifying access to XENON, we enable any company in the industry to build scalable and green energy products.”

About gridX

gridX is a leading smart grid company in Germany based in Aachen and Munich that was founded in 2016 by David Balensiefen and Andreas Booke. With its IoT platform XENON, gridX enables manufacturer-independent monitoring and management of distributed energy resources. XENON allows partners to develop and scale energy management solutions faster than ever before. By partnering with gridX, Fastned is able to install more charging points at sites without the need for costly grid extensions, and the Viessmann Group is able to offer its customers intelligent and integrated home energy management systems.