Upside Energy Ltd

clock • 1 min read

For the grid to remain stable, supply and demand for electricity must be kept in balance. National Grid currently spends £850m p.a. on services to maintain this balance, many of them delivered by operating traditional fossil fuel generation at reduced capacity. This is inefficient, and both expensive and responsible for significant greenhouse gas emissions. Providing such services from demand side, e.g. reducing demand at peak times, would result in a cheaper and less polluting solution.

Upside Energy has developed an innovative cloud service that coordinates energy stored in uninterruptible power supplies, solar PV systems, electric vehicles, domestic heating systems, etc. This creates a 'Virtual Energy Store' (VES) that enables us to sell a range of balancing services to grid and distribution network operators and energy suppliers, starting with frequency regulation services to National Grid. We then redistribute 75 per cent of our revenue back to the original equipment owners: households and small businesses.

We have also developed an open innovation model that will allow us to gain exclusive licences on a large portfolio of algorithms developed by our partner universities.

More on Investment

Guinness GI acquires Foresight Capital Management

Guinness GI acquires Foresight Capital Management

Foresight Capital Management hailed for position as' recognised thought leaders' in responsible investment

Cristian Angeloni, Investment Week
clock 12 June 2026 • 1 min read
'Climate debt': Investments by super-rich linked to nearly $1tr in annual climate damages

'Climate debt': Investments by super-rich linked to nearly $1tr in annual climate damages

Investments in high-emitting activities by the ultra-wealthy are linked to disproportionate levels of climate harm, Greenpeace Africa report claims

Stuart Stone
clock 10 June 2026 • 4 min read
'Climate Chaos': World's top 65 banks committed over $900bn to fossil fuel firms in 2025

'Climate Chaos': World's top 65 banks committed over $900bn to fossil fuel firms in 2025

Financing for coal, gas and oil rose for second successive year in 2025, led by continued investment from banks in the US and Japan

Michael Holder
clock 09 June 2026 • 5 min read