Autonomy Mobility World Expo 2024

Allye Energy

CATEGORY

E-mobility & infrastructures

COMPANY NAME

Allye Energy

COMPANY NAME

United Kingdom

NUMBER OF EMPLOYEES

10

SUMMARY APPLICATION

We are an Allye for the grid, the people and the planet. Our mission is to bring power to the people, democratising cleaner, cheaper energy through technology for the many, not the few. Allye provides distributed energy storage at the grid edge to provide collective flexibility to the electricity network, helping accelerate decarbonisation of the grid while lowering energy costs for industrial, commercial and residential customers by up to 50%. Our smartly designed energy storage systems reimagine how batteries are connected, distributed and used. Flexible and modular, our batteries are self-learning, intelligently managed via the cloud to maximise cycle life and arbitrage on electricity prices. Using digital twins, we deploy machine learning and AI to optimise behaviour and performance as a collective of assets, to deliver benefits at an individual level to the end user and the energy network at a system level. The Max is a 320kWh BESS using repurposed EV batteries that is 2-2.5x cheaper and 60% lower embedded CO2 than other short duration ESS. It features mixed lithium-ion chemistry (LFP+NCA) for greater life and performance with independent pack control allowing for dual bi-directional capability to simultaneously charge and discharge. The Max is mobile, towed by a standard vehicle with a regular licence, and modular allowing capacity and power output to be expanded. It is intelligently managed via the cloud to and using our smart algorithm arbitrages behind the meter to reduce energy bills and decarbonise operations for C&I businesses. It also can act as buffer storage for EV charging to allow charging to be deployed anywhere require, off-grid and even where grid constraints limit the roll-out of AC and DC charging. Our smart energy storage systems help to deploy EV charging infrastructure where the capacity might not be available or is limited. We can also help reduce DUoS charges, manage capacity constraints, arbitrage on electricity pricing to lower costs and provide auxiliary charging direct from the battery.

Supporting document