Highcast provides an AI‑driven software platform that creates a digital twin of a factory’s energy consumption and forecasts electricity prices up to 14 days ahead. By combining a unified cost index with constraint‑aware optimization, it recommends production schedule adjustments that lower electricity expenses and carbon intensity while respecting operational limits. The solution includes a real‑time recommendation interface and a reporting dashboard for energy managers and production planners.
Funding
$2.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Industrial plants face volatile electricity prices, complex multi‑contract energy purchases, and limited visibility into how production decisions impact energy costs, leading to reduced margins and competitive risk.
Solution
Highcast offers an AI‑driven software platform that creates a digital twin of a factory’s energy consumption and integrates market price forecasts up to 14 days ahead. The platform calculates a unified electricity cost index for each production unit, accounting for supply, transport, taxes, and contract specifics. Using constraint‑aware optimization algorithms, it identifies feasible production flexibilities—such as shifting batch start times, modulating equipment speed, or leveraging storage—to schedule operations when electricity is cheapest and least carbon‑intensive. Operators receive actionable recommendations and a shared reporting dashboard that quantifies expected savings and carbon impact, enabling data‑driven decisions without disrupting production.
Target Audience
Primary customers are energy managers, industrial production planners, and plant directors in energy‑intensive manufacturing facilities seeking to reduce electricity expenses and carbon footprints.
Features
- AI‑based price and consumption forecasting delivering cost visibility 14 days in advance
- Constraint‑aware optimization engine that respects production schedules, equipment capacities, and operational limits
- Scenario simulation tools to evaluate multiple production plans and select the most cost‑effective option
- Real‑time recommendation interface for floor operators and energy managers
- Centralized reporting dashboard with common cost indicators and carbon‑intensity metrics
- Integration layer for existing ERP/SCADA systems to ingest production data and export optimization results