About Flower

Flower develops forecasting, optimization, and trading software to enhance the stability of electricity grids by managing the uncertainties associated with renewable energy production. Their technology enables energy assets to actively participate in grid frequency regulation and price stabilization, generating additional revenue for asset owners.

```xml <problem> The increasing reliance on renewable energy sources introduces significant uncertainties into electricity grids due to the intermittent nature of solar and wind power generation. These fluctuations can destabilize grid frequency, prices, and overall energy supply, affecting grid operators, energy producers, and consumers. </problem> <solution> Flower provides forecasting, optimization, and trading software that enables energy assets to actively stabilize electricity grids amidst the variability of renewable energy. The platform allows diverse energy resources, including battery energy storage systems (BESS), solar, wind, and demand response assets, to participate in grid frequency regulation and price stabilization. By leveraging advanced forecasting algorithms, Flower's software optimizes the dispatch of these assets, enhancing grid resilience and creating new revenue streams for asset owners. The company's solutions facilitate the integration of renewable energy sources while maintaining grid stability and economic viability. </solution> <features> - Advanced forecasting models for predicting renewable energy production and grid demand - Optimization algorithms for real-time dispatch of energy assets to balance supply and demand - Automated trading capabilities for participation in frequency regulation and energy markets - Support for a wide range of energy assets, including BESS, solar, wind, and demand response - Grid-scale BESS solutions, including development and optimization - Integration with existing grid infrastructure and market systems </features> <target_audience> Flower's primary customers include grid operators, energy producers (solar, wind), owners of battery energy storage systems, and aggregators of demand response resources. </target_audience> ```

What does Flower do?

Where is Flower located?

Flower is based in Stockholm, Sweden.

When was Flower founded?

Flower was founded in 2020.

How much funding has Flower raised?

Flower has raised 121650000.

Location

Stockholm, Sweden

Founded

2020

Funding

121650000

Employees

238 employees

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Flower

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Executive Summary

flower.se 10K+

Founded 2020 – Stockholm, Sweden

Funding

Estimated Funding

$100M+

Team (100+)

No team information available.

Company Description

Problem

The increasing reliance on renewable energy sources introduces significant uncertainties into electricity grids due to the intermittent nature of solar and wind power generation. These fluctuations can destabilize grid frequency, prices, and overall energy supply, affecting grid operators, energy producers, and consumers.

Solution

Flower provides forecasting, optimization, and trading software that enables energy assets to actively stabilize electricity grids amidst the variability of renewable energy. The platform allows diverse energy resources, including battery energy storage systems (BESS), solar, wind, and demand response assets, to participate in grid frequency regulation and price stabilization. By leveraging advanced forecasting algorithms, Flower's software optimizes the dispatch of these assets, enhancing grid resilience and creating new revenue streams for asset owners. The company's solutions facilitate the integration of renewable energy sources while maintaining grid stability and economic viability.

Features

Advanced forecasting models for predicting renewable energy production and grid demand

Optimization algorithms for real-time dispatch of energy assets to balance supply and demand

Automated trading capabilities for participation in frequency regulation and energy markets

Support for a wide range of energy assets, including BESS, solar, wind, and demand response

Grid-scale BESS solutions, including development and optimization

Integration with existing grid infrastructure and market systems

Target Audience

Flower's primary customers include grid operators, energy producers (solar, wind), owners of battery energy storage systems, and aggregators of demand response resources.