GridNavigator Releases Cloud-Based Energy Usage Monitoring Tool

GridNavigator is a startup providing ways to best use energy, and has made a new announcement about a product they hope will change the way that people look at energy: a forecasting service that provides end users with an intraday demand management program.

The program is designed to give users a way to keep tabs on the demand for power in real time by demonstrating "critical energy spikes, usage patterns and specific events that contribute the most to peak demand surcharges" according to the company.

The feature will be added to their existing cloud-based service, CarbonIndex.com.

The management of this start up is excited about the prospects of their newest offering.

“We use the cloud to run quantitative models on time series data, which generates intraday energy forecasts for our customers that are more timely and accurate than competitive offerings,” said Al Cabrini, CEO at GridNavigator. “Using this insight, our customers can do intraday strategic demand limiting and load shedding across facilities and systems.”

The release also generates interest outside of the company. "GridNavigator has developed a unique technology to predict future energy and power demand, which is more accurate than using only historical or static data,” said Angela Estey, an Account Manager at the Trane (News - Alert) Corporation. “This helps users of a BMS to take corrective actions before it is too late and to more effectively budget their demand cost.”