G&W Electric’s investment will allow Intelligent Generation to grow its customer base for energy storage value stack services and G&W Electric’s market for intelligent microgrids.
Bolingbrook, Illinois, May 23, 2022 – G&W Electric, a global supplier of electric power equipment since 1905, and Intelligent Generation (“IG”), a Chicago-based energy storage optimization platform that empowers businesses to engage the clean energy grid, announced today the completion of a $3.6 million strategic investment. This investment from G&W Electric will allow IG to expand the sales and technology capabilities for its patented POWR:Suite platform to increase its market share in the rapidly growing market for energy storage optimization services. G&W Electric, who is developing its own microgrid to power its Bolingbrook, IL headquarters, is also working with IG to develop a common go to market strategy for intelligent microgrids. In addition to this investment, G&W Electric and IG have entered into a licensing agreement that allows G&W Electric to bundle the IG POWR:Suite into G&W Electric’s microgrid offerings.
“Intelligent Generation has always been a company of firsts,” said Jay Marhoefer, co-founder and CEO of Intelligent Generation. “IG patented the energy storage value stack in 2010. We monetized the first behind-the-meter energy storage systems for commercial and industrial customers in both PJM and MISO. IG’s solution dramatically improves return on investment to customers wanting to invest in more reliable and resilient electric power, and we have a perfect partner in G&W Electric to grow this market.”
“The Intelligent Generation POWR:Suite platform is the key ingredient that transforms microgrids from providing resiliency alone, to generating revenue for grid services while saving significant money on energy costs,” said John Mueller, Chairman and owner of G&W Electric Company. “We view IG’s software and intellectual property as a best-in-class addition to G&W Electric’s industry leading distribution grid solutions.”
For more information on this announcement, visit gwelectric.com or intelgen.com.
Visualization of energy storage software and grid optimization tools similar to the capabilities supported by IG’s POWR:Suite platform.
How IG’s Energy Storage Software Enhances Grid Operations
Intelligent Generation’s POWR:Suite platform enables businesses to use their onsite energy assets more effectively by optimizing when to use, store, or deliver energy back to the grid. This software plays an important role in helping organizations participate in grid service markets and improving the value they receive from their distributed energy resources. G&W Electric supports these software-driven strategies by providing the medium-voltage equipment and grid solutions that help ensure safe, reliable operation for facilities deploying advanced energy technologies.
Benefits for Commercial Energy Storage Systems Through This Partnership
Commercial energy storage systems play a valuable role in helping businesses manage energy costs, improve resiliency, and participate in market programs. IG’s platform was designed specifically for commercial and industrial applications, enabling customers to unlock higher performance from their storage investments. Through this strategic partnership, G&W Electric strengthens its ability to support C&I organizations with the distribution equipment and solutions needed to integrate these systems safely within their electrical infrastructure.
Strengthening the Future of Grid Optimization Software
As grid optimization software continues to evolve, platforms like IG’s POWR:Suite are becoming essential tools for facilities seeking both reliability and financial returns from their energy assets. This investment reflects G&W Electric’s commitment to supporting technologies that complement its distribution grid solutions and help customers operate more intelligently within the clean energy grid.
About G&W Electric and Its Role in Grid Optimization Software
Since 1905, G&W Electric has helped power the world with innovative power grid solutions and products. With the introduction of the first disconnectable cable terminating device in the early 1900s, G&W Electric began to build a reputation for innovative engineered solutions to meet the needs of systems designers. With an ever-present commitment to customer satisfaction, G&W Electric enjoys a worldwide reputation for quality products and superior service. For more information on G&W Electric visit their new website at www.gwelectric.com. Follow G&W Electric on Twitter @GW_Electric and on LinkedIn.
About Intelligent Generation and Its Energy Storage Software
Chicago-based Intelligent Generation is an industry-leading energy storage optimization platform that empowers businesses to engage the clean energy grid. Started in 2009, IG’s patented POWR:Suite platform has delivered both electricity bill savings and power market revenues to commercial and industrial customers. IG presently has projects in both the PJM and MISO regional transmission organizations.
FAQs – Details on G&W Electric’s Strategic Investment in IG
How does this investment benefit commercial energy storage systems?
IG’s platform is designed for commercial energy storage systems that rely on efficient energy management and demand charge management. The investment helps expand access to software that improves financial returns for C&I facilities using renewable energy sources and distributed energy resources.
What role does grid optimization software play in this partnership?
Grid optimization software like IG’s POWR:Suite helps facilities make smarter decisions about energy consumption, load shifting, and peak demand. The investment allows IG to enhance its platform capabilities while enabling G&W Electric to better support customers integrating advanced energy technologies.
How does IG’s software improve the economics of energy storage projects?
IG’s platform analyzes storage capacity, energy consumption, and market conditions to improve project economics through energy savings and grid services participation. This helps businesses achieve cost savings and better utilize their energy storage solutions without major infrastructure changes.
How will this investment impact the future of grid operations and distributed energy resources?
By supporting IG’s energy storage software, the investment enables more facilities to take advantage of renewable energy sources, demand response programs, and intelligent energy management tools. As adoption grows, it strengthens the overall performance of the electrical grid and encourages smarter use of energy assets.
