US power marketer Gridmatic has partnered with US energy consultancy firm Vega Energy Advisors to roll out its grid optimizer platform.

The Gridmatic AI Load Optimizer is designed to help large energy users reduce costs by automating their participation in electricity markets. The platform will target businesses such as Bitcoin miners and data centers that have flexible energy usage.

Through its system, Gridmatic claims it can cut energy costs for consumers by more than five percent, allowing large energy users to reduce costs through artificial intelligence and market forecasting.

The core of the Load Optimizer is Gridmatic’s proprietary forecasting engine. The tool allows automated participation in ERCOT’s day-ahead market, emergency response service, and other grid services, aiming to turn operational flexibility into a revenue-generating asset.

The platform is currently available to retail customers in ERCOT with support for automated trading and participation in various energy programs aimed at improving grid efficiency and reliability.

“We designed the AI Load Optimizer to be a one-stop solution for large energy users with flexible loads,” said Jackson Vo, president of Retail at Gridmatic. “Together, these programs offer a comprehensive strategy for managing energy costs and capturing new sources of value with minimal operational effort. Customers don’t need to change their operations; just define their parameters and we take care of the rest.”

The deal with Vega will support Gridmatic in bringing the platform to market. The company offers a range of services from demand response program design to operational optimization and market strategy. “Monetizing the Day-Ahead vs. Real-Time energy spread is a game-changer for us,” said Scooter Womack, founder and managing partner of Vega. “It enables us to provide a differentiated offering to our customers beyond standard energy contracts. Everyone wins.”

The platform has already been rolled out in partnership with several companies, including Data Factory, a Texas-based Bitcoin mining and data center operator.

Commenting on the efficacy of the platform, Guillaume Goualard, COO and co-founder of Data Factory, said: “Working with Gridmatic has allowed us to unlock new value from our operations with almost zero lift from our team. The AI Load Optimizer unlocks hidden value by monetizing flexibility that would otherwise go untapped.”

Gridmatic has signed several power deals with data center customers. Most notably, in June, it signed a 10MW Power Purchase Agreement with Sol Systems in Texas, with a portion of the power supplied to data center developer EdgeConneX under a 24/7 carbon-free energy agreement. Gridmatic and EdgeConneX first implemented the 24/7 CFE program in 2021 as part of a pilot tied to one data center site in the ERCOT market.