ABB has made a minority investment in UK-based startup Gridcog to strengthen modelling capabilities that support the deployment of renewable generation, energy storage, industrial microgrids, distributed energy resources, alternative energy procurement strategies and energy-as-a-service solutions.
As electrification accelerates and renewable energy accounts for more than one-third of global power generation, energy systems are becoming increasingly complex. This is driving demand for flexible, decentralised energy resources that require more detailed technical, financial and environmental analysis.
Gridcog’s software platform enables scenario modelling, design and simulation, helping developers and industrial users build more consistent and transparent business cases for renewable and energy transition projects across different geographies, energy markets and asset types. The platform quantifies both financial performance and carbon emissions impacts, supporting commercial and industrial customers in developing data-driven net-zero roadmaps.
ABB is leading the funding round, joined by Axpo, DNV and Verbund Ventures. Existing shareholders Albion and Clean Energy Finance Corporation will remain key investors in the company.
The investment was made through ABB Electrification Ventures. Financial terms were not disclosed.
