Manchester energy project gets £180k funding
Qbots, a start-up which is working with a range of building owners in Greater Manchester, has won government innovation funding to develop its cost-saving smart energy management software.
Founded in 2017, Qbots specialises in intelligent battery storage management, working on commercial-scale projects in Manchester and Exeter.
The company has recently won £180,000 from Innovate UK’s infrastructure systems competition as part of its Q-PLUS project in Manchester.
Working in collaboration with the University of Manchester, the project combines smart energy management software with battery storage to help building owners optimise their electricity consumption and shift their demand on the grid away from busy periods, cutting costs and reducing emissions in the process.
Qbots’ solution uses unique artificial intelligence based algorithms and machine learning that adapts to the needs of individual businesses. The company is already working with property company Bruntwood, key universities and hotels in Greater Manchester.
Citing figures from Manchester Climate Change Agency, which estimate that nearly half of Manchester’s total carbon emissions in 2016 were from commercial buildings, Qbots hopes its software will contribute towards the city’s carbon targets.
Vijay Natarajan, co-founder and marketing director of Qbots, said: “The funding will enable us to make use of University of Manchester’s world-class battery storage research facilities and will help create new jobs in the region within automation and data analytics.”
Battery storage is one of a number of technologies that is revolutionising the energy system. In July last year, the government launched a new energy plan with the aim of giving homes and businesses the power to store energy and develop a ‘two-way relationship’ with the grid through smart tech.
Posted under Environmental Technologies and Renewable Energy, Energy and Renewables and Environmental Technologies on 10 January 2018