- WAE Technologies (WAE) launches Elysia®, the latest in Battery Intelligence for the energy storage market, automotive and micromobility
- Drawing on more than a decade of high-performance battery expertise from the racetrack and mining Elysia brings game-changing insight to the most fundamental asset for an energy storage business
- Elysia offers state-of-the-art, embedded and cloud-based products bringing a quantum leap in battery knowledge, management and optimisation
- Elysia Cloud Platform helps battery system Original Equipment Manufacturers (OEMs), battery operators and financiers turn data into actionable battery insights, designed to forecast and extend battery life and enhance safety
- Elysia Embedded is a suite of battery management algorithms that can allow OEMs to increase discharge and recharge rates, while allowing an up to 30% increase in battery life and 10% increase in battery usable capacity
- Elysia will be exhibiting on stand 478 at the EES show in the Munich Messe from 14th-16th June
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Tuesday, 13th June 2023: WAE Technologies (WAE), the world-leading technology and engineering services business, has recently launched Elysia, its Battery Intelligence software designed to unlock significant improvements in the life, safety, usable energy, power, and recharge times of any battery system. The announcement comes as the Elysia software is shown at the Electrical Energy Storage (EES) show in Munich from 14th-16th June.
Elysia brings game-changing battery insight, management, and optimisation of batteries to the home and grid level energy storage market for the first time. Elysia draws on WAE’s unrivalled experience in high-performance batteries, gleaned from the sole supply of batteries to ground-breaking electric motorsport series, as well as the design and development of batteries for electric hypercars and 1.4 MWh packs for 250 tonne mining trucks.
This unique expertise, amassed over more than a decade at the apex of battery advancement, has seen WAE push the limits of performance, longevity and charging in the harshest environments on the planet – with software playing a vital role.
Elysia is the first mass market software offering from WAE, combining a suite of innovations that can unlock the true potential of any battery.
Elysia features state-of-the-art embedded and cloud-based products which together provide customers – including global BESS OEMs, operators, and battery asset financiers – with not only unprecedented access to battery insights, but the ability to manage, optimise and enhance performance across the battery’s entire lifecycle,
Furthermore, the improved insight and control provided by Elysia, enables service stacking, increasing ROI without negatively impacting safety or lifespan.
The core offering is based around two key products:
Elysia Embedded is a suite of state-of-the-art battery management algorithms, which run locally on the Battery Management System (BMS). Its best-in-class BMS algorithms help OEMs to increase usable energy, enable faster charging, and maximise battery power, enabling them to maximise ultisation of the battery asset and enable greater flexibility in the services the battery can deliver, without compromising safety or battery life.
Whereas conventional battery management systems traditionally require extensive data from testing and limits specified by cell suppliers to build software that controls how the battery is used, Elysia Embedded’s algorithms offers customers the ability to unleash untapped potential through intelligent ‘physics-informed’ models. Whilst this approach has formed an integral part of WAE’s motorsport capability, these algorithms have been designed to run on standard low-cost chips as typically found in mass-market battery management systems. In applications to date, this has shown the ability to bring up to a 30% increase in battery life and 10% potential increase in battery usable capacity, whilst also enabling dramatically reduced fast charge times and higher peak power output when compared to traditional battery management algorithms.
Elysia Cloud Platform is a cloud-based system which uses proprietary digital twin technology. It helps OEMs, battery energy storage operators and asset financiers turn data into actionable insights, designed to enable these customers to forecast and extend battery life. By providing a complete picture of the battery’s state of health, it brings much-needed unparalleled accuracy in tracking and reducing degradation, as well as increasing revenue, by enabling service stacking on top of the original purpose of the battery storage facility.
The Elysia cloud platform gives the ability to forecast life accurately and operate batteries well below 80% state of health, maximising return on investment. The software can also assist in-life fault-finding, allowing preventative actions to avoid already rare thermal events.
Elysia is built upon a unique combination of AI and data science, fused with electrochemical modelling expertise, whilst being grounded in unrivalled real-world battery engineering and development experience.
Elysia Commercial Lead, Joe Jones, said: “We have managed batteries in the most extreme climatic conditions on earth, from 250 tonne mining trucks, hauling hundreds of tonnes of iron ore in 55 degree heat in Australia, to off-road racing on arctic tundra in Extreme E. By comparison the operating environment for a static storage battery are much tamer, but the size, operating locations of the batteries and the value of the assets involved makes managing them properly even more important.
Elysia is now bringing this technology from the racetrack to the stationary storage market, with unique capabilities offering unprecedented insight and foresight, unleashing untapped performance, life and safety to the energy storage market and every battery on the planet.”
He continued:
“We are providing easy to interpret, actionable battery insights to give OEMs and battery asset financiers unprecedented transparency, allowing them to transform the value it delivers over the course of its life through value stacking and increasing the flexibility of the asset. This means we don’t just present data to the battery operator but suggest courses of action in the operation of that asset to avoid issues, whilst also increasing profitability through better asset utilisation.
When batteries are operating within people’s homes or in large grid installations safety is obviously critical and our software allows better performance while also helping to avoid the already rare thermal events, which harm confidence at a consumer and investor level.”
Elysia will be exhibiting on stand B2.478 at the EES show in the Munich Messe from 14th-16th June.
ENDS
Media contacts:
pr@elysia.co
Notes to Editors
About Elysia, Battery Intelligence from WAE (“Elysia”):
Elysia is a world-leading Battery Intelligence offering from WAE Technologies (WAE), bringing the very latest in battery software to the mass automotive and e-mobility market. Drawing on more than a decade of high-performance battery expertise from WAE – which has designed, developed, and manufactured the world’s most advanced batteries for multiple sectors, from global electric motorsport programmes to electric hypercars and mining trucks – Elysia brings game-changing insight to the burgeoning global electric vehicle space.
Combining a quantum leap in battery software embedded in the vehicle, which features best-in-class BMS algorithms, with a powerful cloud platform, delivering standard-setting insights, Elysia not only gives OEMs, fleet operators and battery asset financiers unprecedented access to battery insights but the opportunity to enhance life, safety, and performance during the battery’s life.
Together, Elysia’s unique software and cloud offering has the potential to unlock longer battery life, faster charging speeds along with increasing battery power and range, while at the same time leveraging never-before-seen through-life monitoring. This newfound transparency on battery health gives certainty to battery warranties, accuracy for residual value calculations and supports new models of battery financing.
Elysia: Potential, unlocked. Advantage, delivered.
For more information, see www.elysia.co. Follow on LinkedIn, Twitter, Instagram.
About WAE Technologies (“WAE”):
WAE is a world-leading technology and engineering services business delivering pioneering innovation to improve performance, efficiency and sustainability to a global customer base.
Combining cutting-edge technological advances and the industry’s best engineers with precision and speed to market derived from the ultra-competitive environment of motorsport, WAE’s capabilities cover a wide range of disciplines. The company provides ground-breaking innovation covering advanced battery and electrification technologies and product development; aided by advanced simulation, testing, rapid prototyping and volume manufacturing. Working in close collaboration with our customers, WAE remains committed to meeting the continued sustainability challenges of the 21st Century.
The company can trace its foundations back to 2010 when Williams Grand Prix Engineering Limited began diversifying its operations; a division which later became Williams Advanced Engineering. WAE has grown from an embryonic business in 2010 to a company which employs over 600 people engaged in leading-edge and transformative technologies for a growing list of Tier 1 clients. Following the acquisition by Fortescue, which completed in March 2022, WAE will continue to service its existing customers and commercialise new technology opportunities, in addition to playing a key role in supporting Fortescue’s decarbonisation strategy.
The Company was honoured with the Queen’s Award for Enterprise in Innovation 2018. For more information see www.wae.com, follow on Twitter LinkedIn and Instagram.