Startup Profile

Orange Power Ltd

London, United Kingdom

AI powered autonomous energy trading, controlling and settlement system

Company Details

Investment Deck

The Problem:

1. Grid connection offer is now 6-8 years of waiting time. 2. Customers can not easily share and control EV, Heatpump, Solar battery devices on Second by Second basis and sell flexibility back to grid

The Solution:

1. With Software(Dynamic load management)+Hardware(Battery+EV charger) based solution,Our Ultra fast charging sites run almost decoupled with minimum disturbance to grid. This will allow 8-16 times more Ultra-fast chargers with V2G capability without connection delayed(or with existing connection capacity offer) 2. We coordinate and aggregate the energy flexibility across industrial sites and thousands of households when grid is stressed and we settle the service with grid for our customers

The Differentiator:

1. We are the only few solutions that offer microgrid based solution for upgrading Ultra Fast charger sites with minimum cost 2. We are the only aggregator that can offer second by second metering and control for millions of assets simultaneously

Biggest Achievement:

1. Scale from 200 customers to 37,000 customers in 3 months time. 2. £450K revenue 2023 3. Contracts with National grid, and 4 other Distribution Network Operators 3. Part of Ofgem 6 million, 15 million innovation fund projects 4. UK top 10 Clean Tech finalist 5. Tech National Rising stars finalist 6. Team of experts from National grid, Google deepmind, Microsoft.

Programme themes:

Advanced mobilityReducing emissionsLow carbon power

Team members:

Justin Ma