Monday, 07 September 2020 10:47

Australia’s CarbonTRACK joins UK BankEnergi III consortium Featured

By
carbonTRACK Managing Director Spiros Livadaras carbonTRACK Managing Director Spiros Livadaras

Australian energy company carbonTRACK has joined the UK BankEnergi III consortium which recently won an Innovate UK grant to develop an “industry-leading” end-to-end energy trading solution in London's South Bank area.

carbonTRACK has announced that through its local arm carbonTRACK UK, it will leverage its global expertise to deliver a behind-the-meter solution with demand response and Virtual Power Plant (VPP) capabilities at London South Bank University.

The site will connect into the wider energy ecosystem through a “ground-breaking” open energy data integration layer linked into carbonTRACK’s VPP solution for interfaces with various route-to-market providers.

carbonTRACK Managing Director Spiros Livadaras said the consequent balancing of energy would set the standard to solve grid constraints caused by an ageing and under-capacity energy distribution infrastructure.

“It’s widely recognised that a flexible approach to managing the whole energy system is a key strategy to achieve the UK’s target of carbon-neutrality by 2050,” Livadaras said.

carbonTRACK provides an ‘always on’ smart gateway that allows business premises to remotely monitor and control electricity use, using smartphone-controlled facilities management tools to switch schedules, customise alerts, and says these tools will provide BankEnergi customers with a “high level of control, for energy trading and lowering costs, as well as enabling BankEnergi to provide a better service through Virtual Power Plant functionality”.

The BankEnergi III consortium consists of Consortio, 4D Energy Advisory, carbonTRACK UK, Fintricity Group, Beccs, London South Bank University, Tonik Energy, Wales & West Utilities and Power Transition.


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Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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