Enel X’s challenge
The batteries enable CIT to reduce its electricity bills by allowing it to store energy when it is abundant and costs are lower to use it when costs are higher (such as in the heat-intensive summer months).
Designed to maximise the economic value of battery systems, Enel X’s DER.OS software uses advanced machine-learning and AI algorithms to analyse unlimited data including CIT’s on-site energy demand, weather forecast inputs, electricity grid conditions and more.
By analyzing this data, DER.OS then optimises CIT’s battery system’s charge and discharge strategy to adapt to site demand and market price changes. DER.OS also interacts with Enel X’s Virtual Power Plant (VPP) platform, so that it can access Demand Response programs which feed CIT’s extra stored energy back into the grid if needed, providing a new revenue stream. The VPP will be aggregated to allow the Australian Energy Market Operator (AEMO) to better manage supply and demand on the grid.