YSTC Energy

YSTC Energy

YSTC Energy is a company dedicated to building a bio-inspired smart grid by developing self-adaptive and self-cooperative grid terminals

Company Details

Location
Melbourne, Australia
Founded
2023
Employees
4-10
Funding
Bootstrapped

Management Team

Yiting (Lotus) ZHAO avatar

Yiting (Lotus) ZHAO

Co-founder

    Xin (Morse) LI avatar

    Xin (Morse) LI

    Founder, CEO

      Gong (Sean) JIAN avatar

      Gong (Sean) JIAN

      COO

        Bo (Limber) LI avatar

        Bo (Limber) LI

        CIO

          Yaling GUO avatar

          Yaling GUO

          CTO

            Learn more

            About YSTC Energy

            The problem we're solving:

            Addressing the issue of the traditional grid's lack of management capabilities for non-uniformly dispatched power systems at the grid terminal.

            Our solution:

            We have developed an integrated software and hardware control solution that can be independently utilized in end power units, including homes, small businesses, and micro-commercial entities. This solution is designed based on the characteristics of the power grid, enabling previously uncontrolled grid terminals to estimate and assume their designated roles within the power grid from a centralized dispatch perspective.

            Through active analysis of its own needs, the surrounding power environment, and the conditions of the spot power market, the control solution regulates the charging and discharging of energy storage in the grid terminals. This ensures economical, stable, continuous, and secure energy consumption for end power consumers while maintaining relatively stable power flow and grid stability.

            Our differentiator:

            The existing smart grid construction solutions are predominantly based on centralized management, relying on powerful central computing platforms to control and manage multiple terminal systems in order to achieve predetermined objectives. In contrast, we propose a novel approach to grid management known as social management. This approach incorporates distributed autonomous management, multi-device active collaboration, hierarchical guidance and control, and other combined technical means. By leveraging the interaction and collaboration among power entities within the power system, our aim is to strike a balance between individual and collective interests while accomplishing management objectives.

            The key advantage of social management lies in its ability to alleviate the central authority's burden of managing a vast number of individuals, as individuals are continually influenced by other members within the group. This ensures that individual behaviors remain aligned with the intended trajectory while simultaneously expanding the group's coverage. Throughout the entire operational cycle of the system, social management demands significantly fewer resource inputs compared to centralized management, yet its effectiveness surpasses that of the latter. This advantage becomes particularly prominent as the scale of management expands.

            Our biggest achievement:

            1. YOUNG GREEN TECH (YGT) COMPETITION FINALS

            2. MUSE DESIGN AWARDS 2022 SILVER WINNER

            3. LONDON DESIGN AWARDS 2022 SILVER WINNER