Bidgely Selected as 2021 S&P Global Platts Global Energy Awards Finalist

Company recognized for successful deployment of artificial intelligence and data analytics solution across utility organizations

NEW YORK--(BUSINESS WIRE)--Bidgely has been named a finalist in the 23rd annual S&P Global Platts Global Energy Awards. The 2021 Finalists were announced by program host S&P Global Platts, the leading global provider of energy and commodities information and spot market benchmarks. Often described as “the Oscars of the energy industry,” the S&P Global Platts Global Energy Awards recognizes achievements in innovation, leadership, and company performance in 22 categories spanning the entire energy complex.

“We are honored to be named a finalist in S&P Global Platts Global Energy Awards ‘Grid Edge’ category alongside fellow industry innovators for our work in advancing today’s electric grid,” said Gautam Aggarwal, chief business officer of Bidgely. “For the last decade, Bidgely’s UtilityAI platform has remained at the forefront of grid edge innovation. We provide utilities and energy retailers enterprise analytics tools to transform energy data into personalized customer experiences and actionable insights for achieving strategic goals such as grid planning, load shifting, decarbonization and electrification.”

Most recently, as the COVID pandemic greatly affected both energy supplies and demands, Bidgely’s UtilityAI platform enabled utilities to leverage digital communications in real time and implement new programs that addressed current challenges. Designed to more effectively engage with a broader range of customers, specifically low-to-medium income households, Bidgely’s platform helped utilities not only maintain operations during unprecedented times but also support their most vulnerable customers.

Jenny Salinas, Vice President, Marketing, S&P Global Platts commented, “This year’s complement of 196 finalists truly indicates the outstanding innovation and supreme leadership occurring in so many sectors across our industries. Companies are tackling critical issues such as emissions control, digitization, investment to improve the quality of life, and so much more. We are proud to honor these individuals and companies on their achievements.”

The Global Energy Awards’ independent panel of esteemed judges will select winners for each award category from the corresponding group of finalists. The ‘Energy Company of the Year’ will be chosen from the entire list of finalists.

The ‘Climate Leader Award-Power’ is unique as its finalists and winner are selected by S&P Global Sustainable1, which measures the public disclosure of global power companies included in the S&P Global LargeMidcap Index and the annual research engagement of S&P Global Trucost.

The winners will be announced at the S&P Global Platts Global Energy Awards black-tie gala on December 9^th in New York City. This year, the event will be held in person at Cipriani Wall Street and will follow all COVID related guidelines. Expected attendance is 400 energy, financial, and business executives.

To view the complete list of Award categories and finalists, as well as more information on the Awards and upcoming ceremony, visit the website: www.globalenergyawards.com.

To learn more about Bidgely’s Grid Edge Analytics, visit bidgely.com/solutions/enterprise-analytics-workbench.

About S&P Global Platts

At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We’re the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing, and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture, and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for companies, governments, and individuals to make decisions with confidence. For more information, visit http://spglobal.com/platts.

About Bidgely

Bidgely is an AI-powered SaaS Company accelerating a clean energy future by enabling energy companies and consumers to make data-driven energy-related decisions. Powered by our unique patented technology, Bidgely's UtilityAI™ Platform transforms multiple dimensions of customer data - such as energy consumption, demographic, and interactions - into deeply accurate and actionable consumer energy insights. We leverage these insights to empower each customer with personalized recommendations, tailored to their individual personality and lifestyle, usage attributes, behavioral patterns, purchase propensity, and beyond. From a Distributed Energy Resources (DER) and Grid Edge perspective, whether it is smart thermostats to EV chargers, solar PVs to TOU rate designs and tariffs; UtilityAI™ energy analytics provides deep visibility into generation, consumption for better peak load shaping and grid planning, and delivers targeted recommendations for new value-added products and services. With roots in Silicon Valley, Bidgely has over 17 energy patents, $50M+ in funding, retains 30+ data scientists, and brings a passion for AI to utilities serving residential and commercial customers around the world. For more information, please visit www.bidgely.com or the Bidgely blog at bidgely.com/blog.