Watershed Case Studies GridPoint: Pioneering Climate Action through Energy Optimization

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	GridPoint: Pioneering Climate Action through Energy Optimization Watershed

GridPoint: Pioneering Climate Action through Energy Optimization

Watershed

Technology Category	Networks & Connectivity - Routers & Bridges Sensors - Autonomous Driving Sensors
Applicable Industries	Buildings Utilities
Use Cases	Building Automation & Control Continuous Emission Monitoring Systems
Challenge	GridPoint, under the leadership of CEO Mark Danzenbaker, is committed to accelerating the energy transition and decarbonizing the energy supply. The company's mission is not only to reduce its own Scope 1-3 emissions but also to drive the adoption of its products that result in emissions avoided as a result of companies using GridPoint products at scale. The challenge lies in convincing commercial businesses to adopt their energy optimization platform. While some businesses have a vested interest in sustainability, many are primarily interested in lowering their energy bills and reducing their carbon footprint. GridPoint's challenge is to provide a solution that meets these needs while also contributing to the broader goal of energy transition and decarbonization. Read More
About Customer	GridPoint's customers are primarily commercial businesses looking to lower their energy costs and reduce their carbon footprint. These businesses come to GridPoint because they want to lower their Scope 2 emissions. While some have a vested interest in sustainability, many are primarily interested in the financial benefits of energy efficiency. These businesses value the ability to control building performance based on a variety of factors, such as energy savings, utility signals, or carbon intensity. They appreciate the reliability that GridPoint's solution brings to the broader energy system, helping to avoid price spikes, scarcity, and brownouts & blackouts. Read More
Solution	GridPoint's data-driven energy optimization platform connects businesses, buildings, and the grid, helping commercial businesses save on energy costs and decarbonize while helping utilities better manage energy demand. The platform gives customers the option to control building performance based on a variety of factors, such as energy savings, utility signals, or carbon intensity. This approach not only helps businesses reduce their Scope 2 emissions and lower their energy bills but also contributes to the broader energy system's reliability. By avoiding price spikes, scarcity, and brownouts & blackouts, GridPoint's solution is creating more reliability in the broader energy system. The company is driving change one building at a time, with nearly 18,000 buildings across North America already using their products. Read More Log in to view content
Contents

Technology Category

Networks & Connectivity - Routers & Bridges

Sensors - Autonomous Driving Sensors

Applicable Industries

Buildings

Utilities

Use Cases

Building Automation & Control

Continuous Emission Monitoring Systems

Challenge

GridPoint, under the leadership of CEO Mark Danzenbaker, is committed to accelerating the energy transition and decarbonizing the energy supply. The company's mission is not only to reduce its own Scope 1-3 emissions but also to drive the adoption of its products that result in emissions avoided as a result of companies using GridPoint products at scale. The challenge lies in convincing commercial businesses to adopt their energy optimization platform. While some businesses have a vested interest in sustainability, many are primarily interested in lowering their energy bills and reducing their carbon footprint. GridPoint's challenge is to provide a solution that meets these needs while also contributing to the broader goal of energy transition and decarbonization.

About Customer

GridPoint's customers are primarily commercial businesses looking to lower their energy costs and reduce their carbon footprint. These businesses come to GridPoint because they want to lower their Scope 2 emissions. While some have a vested interest in sustainability, many are primarily interested in the financial benefits of energy efficiency. These businesses value the ability to control building performance based on a variety of factors, such as energy savings, utility signals, or carbon intensity. They appreciate the reliability that GridPoint's solution brings to the broader energy system, helping to avoid price spikes, scarcity, and brownouts & blackouts.

Solution

GridPoint's data-driven energy optimization platform connects businesses, buildings, and the grid, helping commercial businesses save on energy costs and decarbonize while helping utilities better manage energy demand. The platform gives customers the option to control building performance based on a variety of factors, such as energy savings, utility signals, or carbon intensity. This approach not only helps businesses reduce their Scope 2 emissions and lower their energy bills but also contributes to the broader energy system's reliability. By avoiding price spikes, scarcity, and brownouts & blackouts, GridPoint's solution is creating more reliability in the broader energy system. The company is driving change one building at a time, with nearly 18,000 buildings across North America already using their products.

Impact #1	GridPoint's energy optimization platform has not only helped businesses save on energy costs and reduce their carbon footprint but also contributed to the broader energy system's reliability. The platform's ability to avoid price spikes, scarcity, and brownouts & blackouts has created more reliability in the broader energy system. This has resulted in a win-win situation for both the businesses and the environment. Furthermore, the company's commitment to its mission has resonated with its employees and investors, preparing the business for a future where minimizing emissions is increasingly important. The company's success in driving the adoption of its products at scale demonstrates the potential for technology, partnerships, and collaboration to bridge the gap between business needs and environmental goals.

Impact #1

GridPoint's energy optimization platform has not only helped businesses save on energy costs and reduce their carbon footprint but also contributed to the broader energy system's reliability. The platform's ability to avoid price spikes, scarcity, and brownouts & blackouts has created more reliability in the broader energy system. This has resulted in a win-win situation for both the businesses and the environment. Furthermore, the company's commitment to its mission has resonated with its employees and investors, preparing the business for a future where minimizing emissions is increasingly important. The company's success in driving the adoption of its products at scale demonstrates the potential for technology, partnerships, and collaboration to bridge the gap between business needs and environmental goals.

Benefit #1	In 2022, GridPoint helped its customers save more than $149M in energy costs
Benefit #2	GridPoint's solution helped avoid over 1.9 billion pounds of CO2e
Benefit #3	The company's products are now used in nearly 18,000 buildings across North America

Benefit #1

In 2022, GridPoint helped its customers save more than $149M in energy costs

Benefit #2

GridPoint's solution helped avoid over 1.9 billion pounds of CO2e

Benefit #3

The company's products are now used in nearly 18,000 buildings across North America

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Overview

GridPoint: Pioneering Climate Action through Energy Optimization

Operational Impact

Quantitative Benefit