Carbon management platform Gravity has launched an Energy Management Marketplace to help clients automatically identify opportunities to reduce energy use and costs.
The marketplace draws on carbon accounting data already collected by Gravity’s platform – such as utility bills and fuel invoices – to recommend alternative energy solutions providers enrolled in the system. It also suggests financing options and generates projections of expected savings, which can be tracked after project implementation.
Gravity said its platform integrates data from more than 9,000 utility and telematics providers, using AI-powered scanning of bills to track energy consumption and costs. The marketplace, available only to existing Gravity customers, matches businesses with providers based on location, operational footprint and other parameters.
The company estimates its featured project providers have already delivered $16 million in savings for clients, including aluminium and concrete producers, electronics distributors, construction contractors and private equity firms. Suggested improvements span more than 50 categories, including solar and battery storage, fleet electrification, LED retrofits and cooling tower optimisation.
“We only bring in implementation partners with proven solutions, strong track records and the ability to deliver clear business value,” said Akshai Baskaran, Vice President of Energy Management at Gravity. Chief Executive and co-founder Saleh ElHattab added: “Inefficient energy use wastes $2 trillion annually. Beyond the climate consequences, this is spend that can be reinvested elsewhere to improve bottom lines.”
Gravity said it is seeking additional providers for vetting and possible inclusion in the marketplace.
