Tempus Energy is a mission based company committed to helping resolve climate change. Electricity emits around 30% of carbon dioxide, yet renewable generation creates some challenges for grid operators as renewables only generate power when the sun shines and the wind blows. Electricity customers of all sizes can help smooth out the peaks and troughs created by renewables by being flexible with their electricity load, for example from air conditioning, chillers, refrigeration and pool pumps. So far in most markets around the world there has not been financial incentives to be flexible.  

Tempus Energy provides a service that rewards demand flexibility in partnership with retailers exposed to the electricity spot price. Tempus Energy’s Optimiser technology solution helps integrate more renewable generation to the grid, reduces carbon dioxide and lowers customer bills. It uses machine learning techniques to predict closing electricity market prices before market closure in order to determine when to shift customer load between different price periods, with the objective of matching electricity demand with high-levels of renewable energy. This approach is good for the environment, saves customers money and reinforces the business case for renewable generation. Coming to Adelaide from London in 2017, Tempus Energy will help the city achieve its carbon neutral target.