From factories to office buildings, these companies are developing digital solutions to help improve energy efficiency, integrate renewable energy, and prevent outages.
Renewable energy is gaining momentum in powering the global economy, with solar and wind forecasted to make up 95% of energy capacity additions through 2025. To handle the increasing renewable energy power load, power infrastructures require a digital update.
Energy management software is a crucial part of the emerging power infrastructure. These platforms provide tools for grid operators, plant supervisors, and building managers to improve operational efficiency, enhance grid planning, reduce costs, and manage potential outages.
From utility giants to commercial real estate firms, companies are looking for ways to automate and streamline energy operations. In 2020, National Grid’s venture arm National Grid Partners increased investment in the energy tech space by 43% year-over-year, citing a strong emphasis on automation and machine learning to improve the next-generation power grid.
We used CB Insights data and the Energy Management Software Expert Collection to identify companies focused on developing energy management software for applications ranging from grid & utilities to smart cities.