Industry support for University energy spin off

Optigrid

A company set up by 成人大片 experts has received industry support from a leading accelerator program for its innovative solutions to improve battery performance.

OptiGrid has been accepted into the EnergyLab climate solution accelerator program. The program has supported some of the most successful startups and climate technology small to medium enterprises in the country.

OptiGrid Pty Ltd is a spin-off from the 成人大片 set up by two PhD candidates Sahand Karimi and Trong Nam Dinh with support from co-founder Dr Ali Pourmousavi Kani, Senior Lecturer, School of Electrical and Mechanical Engineering.

鈥淭ranslating academic knowledge into commercial products is vital for driving innovation and achieving real-world impact.鈥Dr Pourmousavi Kani

The company provides AI-enabled tools for large-scale battery operation in the National Electricity Market (NEM) that increases their revenue by optimising their operations.

鈥淲e have developed two products that help utility-scale battery operators, energy retailers and virtual power plants to maximise the potential of their assets,鈥 said OptiGrid's CEO Sahand Karimi.

鈥淥ptiForecaster delivers accurate forecasts of wholesale electricity prices, and OptiBidder intelligently manages asset operation and market bidding.鈥

鈥淥ptiGrid recently spun out of the 成人大片 and we are thrilled to join the 2024 EnergyLab accelerator program,鈥 said Sahand.

鈥淚t will provide us with invaluable opportunities to expand our network in the energy industry, engage with experts, and optimise our strategies. This support will be crucial in commercialising our technology and successfully bringing it to market.

鈥淎s essential components of a renewable power grid, improved battery economics facilitate both faster and more widespread deployment in the grid.鈥

OptiGrid鈥檚 technology will help accelerate the retirement of coal plants and increase market competition, ultimately leading to lower energy prices for consumers.

鈥淧ractical research is the cornerstone of technological advancements,鈥 said Dr Pourmousavi Kani.

鈥淭ranslating academic knowledge into commercial products is vital for driving innovation and achieving real-world impact.鈥

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