BANFF, CANADA, October 2024 — Edo, a leader in energy efficiency and demand flexibility solutions, proudly announces its victory at the Grid Innovation Pitch Competition, held during GridFWD 2024 at the Banff Centre in Banff, Canada. Edo’s innovative solutions for demand-side response and virtual power plants (VPPs) earned the top spot among eight competitive finalists, marking a significant milestone in the company’s efforts to modernize grid infrastructure across the U.S. and Canada. 

The Grid Innovation Pitch Competition, an annual highlight of the GridFWD conference, recognizes cutting-edge companies pioneering new approaches to transmitting, distributing, and managing electric power. Accurant International, a leading supporter of the Grid Innovation Pitch Competition, played a key role in making this year’s event a success. Edo's winning pitch showcased its cloud-based platform's ability to transform commercial buildings into dynamic grid assets, optimizing energy efficiency, enhancing resilience, and supporting grid reliability. 

“We’re honored to receive this recognition from the Grid Forward community,” said Courtney Blodgett, Co-Founder and Director of Strategy. “Our solution is designed to help utilities and commercial buildings work together to unlock the potential of demand flexibility, creating a more reliable and sustainable energy future.” 

The competition highlights new technologies critical to grid modernization, with a focus on enhancing system capacity through solutions like smart loads, DERMS, VPPs, and AI-driven decision-making tools. Edo’s platform resonated with both the judges and the audience by showcasing the potential of demand flexibility in commercial buildings, emphasizing how these buildings can be transformed into dynamic grid assets to drive efficiency and reliability. 

Highlights about Edo from the Winning Pitch: 

Demand flexibility solutions leveraging distributed energy resources and real-time data for smart load management. 

Virtual Power Plants aggregate buildings as reliable grid resources, contributing to energy market stability. 

Advanced technology seamlessly integrates with utility systems to optimize energy dispatch and forecasting. 

“Edo’s technology addresses some of the most pressing challenges in grid modernization, specifically, providing visibility and control to the demand side,” said Edo's Managing Director, Hendrik Van Hemert. “We’re excited to continue driving innovations that support the energy transition and help utilities and building owners meet their decarbonization goals.”