Innovation Offers

Amber Electric

Amber Electric
Australia
Solution Type: Others, Ready Product/ Solution
Collaboration: Business Collaboration (Joint Venture), Others
Amber Electric

1. Technology overview

Amber is building an electricity future that actually works for customers. Amber uses real-time wholesale pricing to help customers use cheap renewables when they are produced – saving money for customers and bringing more renewables online. The rapid influx of renewable electricity is completely changing the economics and dynamics of the grid system. To let customers benefit from this change, we need to make them equal participants in the market, rather than an afterthought.

2. Highlighted features & specifications

Access to wholesale energy prices
Customers pay the market price for electricity without retail markup, reflecting real-time demand and supply.

Wholesale Electricity Access
Amber Electric provides direct access to wholesale electricity prices, allowing customers to benefit from fluctuating market rates with a flat monthly subscription fee.

SmartShift for battery automation
Automates home battery systems to charge or discharge based on wholesale electricity prices for optimized savings.

SmartShift Technology
SmartShift optimizes battery usage by automatically charging and discharging at cost-effective times based on real-time wholesale prices and household energy needs.

Amber for EVs
Amber's smart EV charging technology allows electric vehicle owners to charge at the lowest rates by utilizing excess solar energy and optimizing charging times.

Amber app
Provides real-time electricity price tracking, usage insights, and forecasts to help customers manage and reduce their energy costs.

Amber Electric

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