Entrix provides AI-based optimization technology for battery storage assets across various European energy markets. The platform maximizes revenues through multi-market flexibility trading in wholesale and ancillary services. They offer full-service support covering advisory, onboarding, and 24/7 operational management for grid-scale and co-located storage projects.
Funding
Funding not disclosed
Founders
Product
Problem
Grid-scale battery storage systems face challenges in maximizing revenue due to fluctuating energy prices and the complexities of trading capacity across various energy markets. Optimizing returns while considering asset degradation and specific hardware requirements adds further complexity.
Solution
Entrix offers an AI-powered optimization and trading platform designed to maximize the revenue potential of grid-scale battery storage. The platform utilizes advanced algorithms to trade energy capacity across multiple markets in real-time, adapting to changing market conditions and asset-specific requirements. By considering factors such as asset degradation and intended lifetime, Entrix tailors trading strategies to ensure optimal returns throughout the battery's lifecycle. The solution unlocks the full value of flexible energy assets by identifying and capitalizing on the most attractive opportunities in the energy system.
Target Audience
The primary customers are project developers and investors in grid-scale battery storage systems seeking to optimize the value of their energy assets.
Features
- AI-based algorithms for real-time energy market predictions and asset optimization
- Automated trading across frequency response, wholesale, and other relevant revenue streams
- Customized trading strategies tailored to specific battery hardware and project requirements
- Asset lifecycle perspective to maximize long-term returns while minimizing degradation
- Integration with project developers, investors, and technology providers for comprehensive expertise