Demand Energy has developed DEN.OS platform, which maximizes the economic returns of behind-the-meter storage systems alone, or in combination with distributed generation.
Enel will work with Demand Energy to extend the use of DEN.OS energy management software, which allows real-time optimisation of storage systems.
The platform delivers analytics and control required to aggregate energy management across several facilities. It allows real-time integration into the rich data stream of a buildings internal load dynamics and external economic ecosystem.
Based on patent-pending controls and economic optimisation technology, DEN.OS energy management system supports the design, integration and operation of energy assets and services on both sides of the utility meter.
Demand Energy undertook 24 projects since its creation in 2008, totalling 3 MW/9 MWh of installed capacity in the US and Latin America. It also has a pipeline of over 30 MW/100 MWh.
The acquisition is part of Enel's digital drive to boost growth and performance.
Enel global renewable energies head Francesco Venturini said: "Through this transaction we will be able to greatly strengthen our position in the growing battery storage market with a complementary partner and innovator.
“By combining our global presence and expertise in systems integration with Demand Energy’s software and established product offering, we will expand the development of renewables and storage both in the US and globally, delivering a clean, reliable, high-tech and cost-effective energy solution.”
