
1. Technology overview
Gridwiz is a South Korean energy solutions and smart grid technology company headquartered in Seoul. It describes itself as Korea's number one demand response aggregator with the largest load management capacity, and serves around 18,000 customers by linking demand response, energy storage, renewables and EV charging infrastructure on one energy platform.
In its demand response service, Gridwiz pools the electricity that customers save during grid peaks, sells that capacity in the power market and returns revenue to customers, without requiring them to invest in equipment. The company says it has a technological edge in an AI-based virtual power plant platform and operates large ESS fleets, renewable energy systems and the Skyblue EV charger brand. Customers are commercial and industrial electricity users, while capacity is traded in the Korean power market.
2. Highlighted features & specifications
- Demand response aggregation: pools customer load reductions and sells them in the power market.
- Revenue sharing: returns market revenue to customers with no equipment investment.
- AI-based VPP platform: coordinates DR, ESS and renewable resources from operational data.
- ESS operation: optimises large battery storage fleets for customers.
- EV charging integration: Skyblue chargers and standards-based charger communication.
- Data center services: AI DC Map beta shows data center sites and grid infrastructure.
3. Potential application
Power corporations in Vietnam could run demand response programmes with factories and commercial buildings during dry-season peaks. Industrial park operators could aggregate tenant loads and batteries into a virtual power plant. Data center developers could use grid and site data to plan connection and flexible capacity.
4. Benefits
Customers earn revenue from the power market without capital investment in new equipment. Participation in demand response lowers energy costs and supports a more stable grid during peaks. Gridwiz reports more than 704 million kWh of generation avoided and more than 1.7 billion kWh discharged from the ESS fleets it operates, showing operational scale. One platform also covers storage, renewables and EV charging for RE100 goals.
5. Market trends & opportunities
Rising peak demand, data center growth and variable renewables are making demand flexibility a cheaper alternative to building peaking plants. Vietnam's Power Development Plan VIII calls for demand response and storage, and the direct power purchase mechanism for large users opens room for aggregators that can monetise flexible load.
6. Other information
Gridwiz is headquartered in Seocho-gu, Seoul, and publishes IR disclosures as a listed company. In August 2026 it raised about 25 billion KRW through convertible bonds for BESS and AI data center investment, and its news mentions BESS projects in Australia. In October 2025 Gridwiz was named an industry partner of NTU's TrueVPP Sandbox under Singapore's EMA virtual power plant regulatory sandbox.
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