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| Feature | ||
|---|---|---|
| Rating |
3.5
|
4.3
|
| Reviews | 8 | 15 |
| Category | Energy and Climate | Energy and Climate |
| Description |
Every battery company spends tens of millions of dollars a year on experiments. Simulations that replace experiments reduce these costs but are currently underutilized in industry because they are hard to create and run. We make simulations accessible to every engineer, by helping them to create models from their own data, then run large scale simulations in the cloud to explore the full design space. |
Rewbi uses AI to optimize grid-connected battery storage. We generate revenue by charging when electricity is cheap and discharging when electricity is expensive. We rent battery storage for a fixed fee per month, and we earn 2x that fee in monthly revenue by dispatching the battery optimally. Today, power companies use human traders to manually track grid conditions and update the battery’s dispatch schedule. However batteries can adjust their power output 100x faster than traditional power generation (e.g. hydro, coal, nuclear, gas), with the ability to go from full-speed charging to full speed discharging in under a minute. Electricity prices change every 5 minutes, often by 300% or more. Our AI better tracks 100s of live inputs, and it makes decisions faster than a human operator (with lower overhead!), improving revenue 2x. |
| Website | https://ionworks.com/ | https://www.rewbi.com/ |
| Positives |
"Has significantly improved our team's productivity."
Daisy Bashirian - 5/5
|
"Clean UI and powerful features. Exactly what we needed."
Dr. Ola Hahn - 5/5
|
| Negatives |
"Too complex for our needs. Not user-friendly."
Prof. Herminio Dooley Jr. - 1/5
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"Performance issues during peak usage times."
Alvah Dickens MD - 1/5
|
| Details | View Full Review → | View Full Review → |
