The project is the first operating asset for Lunio Energy, which is part of Lunio Group, an Australian technology and infrastructure group whose other products include Canopy, an AI-powered vegetation monitoring tool for electricity utilities, and Streamline, a dynamic pricing platform for transport and logistics operators.
OptiGrid’s OptiBidder platform, which uses AI-powered forecasting and optimisation algorithms, determines charge and discharge decisions and submits bids across energy and contingency FCAS markets.
The platform currently manages a portfolio of more than 170MW of assets across hybrid and standalone BESS projects in Australia. OptiGrid’s investors include the Clean Energy Finance Corporation, IP Group, Hostplus, UNSW, Adelaide University and EnergyLab.
Lunio Energy CEO Seth Thuraisingham said the choice of optimiser was based on demonstrated performance.
“We selected OptiGrid to optimise trading of the Strathalbyn battery after OptiBidder showed strong results on the capture rate through our evaluation. Their team also brought real depth on the NEM and how batteries operate in South Australia, which gave us confidence through the investment decision.”
