Press Release


20 March 2026  •  London, UK

Gyre Energy Cuts Electricity Costs by 38% at First Commercial Cold Storage Deployment

• Oxford-founded startup combines physics-based AI with thermal energy storage to cut electricity costs by 38% at first commercial deployment

• A proven breakthrough in cooling optimisation: physics-grounded control paired with low-cost thermal storage

• Platform deployed across sites in the UK, Africa, and the Caribbean with a growing global pipeline

Cooling platform delivers proven cost savings while protecting product, with payback under 18 months

London, UK — Gyre Energy today announced results from its first commercial deployment at a 2,900 square foot frozen cold storage facility operated by a major food distributor in the UK. The cooling platform, which combines physics-based AI and thermal energy storage, delivered a 38% reduction in electricity costs and a 35% reduction in daily energy consumption. Results were validated using the International Performance Measurement and Verification Protocol (IPMVP), the global standard for energy savings verification. In addition, Gyre Energy’s system was able to improve temperature stability at the facility by 91%, enabling protection of product while decreasing energy costs.

Cooling accounts for up to 20% of global electricity demand, and the International Energy Agency (IEA) projects demand will triple by 2050, driven by food logistics growth, data centre expansion, and a warming climate. In cold storage, cooling represents up to 90% of site energy demand. Yet facilities worldwide are running on ageing infrastructure and manual, inflexible cooling strategies that leave significant energy efficiency savings untapped.

Gyre Energy’s platform combines physics-based AI with thermal energy storage to optimise cooling infrastructure. The AI draws on energy market and operational cooling data to model each cold room individually, continuously optimising equipment runtime and energy consumption. Gyre Energy installs thermal storage onto existing pallet racking systems inside warehouses. The thermal storage charges with cold energy, and discharges, reducing how often the equipment needs to run, cutting both equipment runtime and electricity costs without taking up any additional space. Critically, the system maintains strict temperature stability throughout, reducing the risk of product loss and ensuring goods remain within required thermal limits. The platform can be rapidly installed without major electrical retrofit and delivers a payback period of under 18 months.

Gyre Energy was founded in 2024 by three Oxford MBAs with backgrounds in machine learning, energy systems and clean technology commercialisation. The team of nine includes AI and ML PhDs from Oxford and Limerick Universities, refrigeration and controls engineers, and commercial specialists. The company was selected as a MIT Climate Solver (from nearly 2,900 organisations globally), was a winner of the OxBridge AI Challenge (from over 220 startups), is listed on the SET100 top energy startups in 2026 and has been awarded multiple Innovate UK grants. The company collaborates with the University of Oxford’s Department of Engineering and have filed two US patents covering optimisation algorithms for refrigeration and thermal storage control.

With these results validated, Gyre Energy is now deploying across 15 cold storage sites in the UK, Africa, and the Caribbean, with a growing pipeline in the Middle East, Asia Pacific, US and continental Europe. The company is actively engaging with grocery retailers and logistics providers globally. The same underlying technology is directly applicable to commercial buildings and data centres, where cooling can account for up to 40% of total energy demand. Gyre Energy is in early discussions with operators in these complementary sectors.

About Gyre Energy

Gyre Energy is a climate technology company cutting energy costs and emissions from cooling. Founded in 2024 by three Oxford MBAs, the company combines physics-based AI with thermal energy storage to optimise cooling for cold storage, logistics, grocery retail, and other cooling-intensive commercial facilities. Gyre’s platform is deployed across the UK, Africa, and the Caribbean, with expansion underway in the Middle East, Asia Pacific, and Europe.

Media Contact: contact@gyreenergy.com  |  www.gyreenergy.com