Allye Launches Battery Solutions to Assist in Energy Transition – Cuts Energy Costs by Up to 50%: Balances Grid and Drives Affordability

On Tuesday 20th June, 2023, Allye, a new distributed energy start-up, launched smart energy systems to ensure that the energy transition is affordable and accessible to help support the grid, accelerating decarbonisation and lowering bills for customers. Allye provides distributed energy storage (ESS) at the grid edge, aiming to electrify every business and home, allowing greater access to clean, green, renewable energy and creating a sustainable community at scale.

The company will develop a range of intelligent battery systems for industrial, commercial and residential markets, with the first systems for industrial users being available in Q3 2023, targeting a total installed capacity of over 2GWh. A common technology platform with cloud-based software intelligence using machine learning will be used to optimise when energy is stored or distributed, easing the strain on the grid and driving down household energy bills.

Allye co-founder and CEO, Jonathan Carrier, said: “We want to be an ally to the grid network, to support the decarbonisation of the power system and deliver a step change in the digitalisation of electricity supply and demand. We believe our energy storage systems enable disruption with collaboration, driving efficiency across the value chain so that everyone can benefit resulting in significant savings for all, especially the end user. Our software-enabled hardware provides the grid with greater flexibility at a local level, by considering our systems as a collective, how they work together as a community to provide benefits for all.”

Power systems across Europe are rapidly decarbonising, with wind generating more electricity than gas for the first time in the UK during Q1 2023. However, increased renewable generation leads to a greater risk of imbalance between supply and demand, causing curtailment and higher costs to the grid. Allye’s solution is to provide automated demand side response, increased flexibility, and a range of services to deliver behind-the-meter ESS at scale, so the whole system can benefit and drive down electricity costs for end users.

Allye’s platform and distributed battery systems will help drive down energy bills by up to 50% for factories, businesses, the high street and eventually all types of homes, while supercharging the transition to renewable energy. The company has been founded by Jonathan Carrier, Jack Levy and Lorenzo Bergamaschi, who bring experience in product development, systems engineering and battery technology from the automotive industry.

Jonathan Carrier concluded: “Energy storage is the missing piece of the jigsaw alongside renewable generation. Allye will be an enabler for the energy transition, supporting the grid and helping businesses and households access cleaner, cheaper energy. A unique ‘energy-storage-as-a-service’ business model makes our systems affordable for every type of business and home. We need batteries at scale to drive down costs while maximising benefits for grid operators and DNOs through flexibility.”

Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.

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