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AI-driven EMS optimises modular BESS (repurposed EV batteries) for real-time energy management, boosting grid stability, reducing costs, and generating revenue via flexibility
About
NeosPower offers a pioneering, vertically integrated solution for the UK's energy sector. Our innovation centres on modular, 100kW distributed Battery Energy Storage Systems (BESS), ingeniously crafted from repurposed EV batteries, ensuring both low capital expenditure and strong sustainability. This hardware is powered by our proprietary, AI-driven Energy Management System (EMS), which provides real-time optimisation of energy assets (including solar, EV chargers, HVAC) and enables aggregation of these small units beyond the 1MW threshold. This allows participation in lucrative UK flexibility and balancing markets, generating substantial returns for asset owners, with CAPEX recovery in 2 years and an IRR greater than 30%. This approach directly addresses critical UK grid challenges such as network inadequacy and intermittency, helping to reduce constraint costs without requiring system access, thereby aligning perfectly with National Grid's 'Net Zero Grid Challenge' and the broader UK energy transition towards a smarter, decentralised grid
Key Benefits
NeosPower offers significant key benefits for its target market of businesses, farms, and property owners in the UK, alongside broader advantages for the national energy infrastructure:
For Businesses and Property Owners:
• Reduced Costs & Enhanced Profitability: Our proprietary, AI-driven Energy Management System (EMS) allows customers to save on energy bills by optimising self-consumption and avoiding penalties for overconsumption. Crucially, it unlocks new revenue streams by enabling participation in lucrative UK flexibility and balancing markets, with projected earnings of €150,000-€300,000 per MW annually, leading to CAPEX recovery in just 2 years and an IRR greater than 30%. Integrated DC superchargers also provide additional income.
• Sustainability & Efficiency: By utilising repurposed EV batteries for our modular 100kW Battery Energy Storage System (BESS) units, NeosPower ensures a low CAPEX (€150,000-€200,000 per MWh) and strong alignment with UK sustainability goals, including the European Green Deal. This approach helps maximise the use of renewable energy sources and improves overall energy efficiency.
• Flexible & Hassle-Free: We offer various financing options like "POD rent," "BSS Rent," or "BSS Purchase" to suit different cash flow requirements, coupled with a 10-year no-degradation maintenance contract. Our systems are easy to install, integrate behind the meter, and feature IoT connectivity for real-time monitoring and remote management via online portals and mobile apps.
For the UK Energy Grid (Broader Impact):
• Grid Stabilisation & Capacity Unlocking: NeosPower directly addresses the UK grid's "intermittency and instability" by providing dynamic load balancing and new capabilities for managing two-way power flows. Our distributed BESS units can reduce network constraint costs without requiring system access and increase power carrying capacity, which aligns with National Grid's "Net Zero Grid Challenge" and helps alleviate the £1 billion annual cost of curtailing excess renewable energy.
• Accelerating Net-Zero: Our solution supports the rapid integration of renewable energy projects, many of which are currently stuck in grid connection queues. By providing scalable, cost-effective, and non-invasive grid reinforcement, NeosPower contributes directly to the UK's ambitious decarbonisation targets and the evolution towards a "Whole System" energy approach.
Applications
NeosPower's target market in the UK primarily consists of businesses and property owners.
Specifically, this includes:
• Factories, aiming to reduce operational costs and enhance energy efficiency.
• Agriculture, seeking to optimise renewable energy usage and improve their return on investment (ROI).
• Photovoltaic Farms/Roofs, looking to increase revenue streams from their energy assets.
• Building Owners, with goals to achieve sustainability targets and improve property value.
• More broadly, this encompasses Small to Medium-sized Enterprises (SME), such as hotels and other factories, with connected power of 100kW+.
Customers in this market must meet minimum requirements, such as having a 100 kW grid connection or at least 100 kWh of energy consumption. NeosPower's solution is explicitly designed for the B2C (business-to-consumer) and small-scale B2B (business-to-business) segments, differentiating it from competitors who typically focus on larger, industrial-only clients.
The core value proposition for these target market entities is to enable them to save on energy bills, generate additional revenue by participating in energy flexibility markets, and enhance overall energy efficiency and sustainability.