This energy management platform optimizes smart charging, heating, and cooling for electric vehicles and smart appliances. It partners with manufacturers and energy retailers to enable efficient, cost-effective, and environmentally friendly energy consumption for EV owners and households.
Funding
Funding not disclosed
Founders
Product
Problem
The increasing adoption of electric vehicles (EVs), heat pumps, and other smart appliances is straining energy grids and creating challenges for efficient energy consumption. Fluctuating energy prices and the growing need for sustainable energy solutions require intelligent management of distributed energy resources.
Solution
Hiven provides a B2B2C Home Energy Management solution that optimizes energy consumption for electric vehicles, heating, and cooling systems. The platform connects various home appliances to the cloud, enabling intelligent automation based on real-time data and machine learning algorithms. Hiven's solution maximizes self-consumption of solar power, optimizes energy usage based on dynamic tariffs and green energy availability, and facilitates flexibility trading by aggregating distributed energy resources into a Virtual Power Plant (VPP). This allows energy retailers, EV manufacturers, and heat pump manufacturers to offer market-leading customer offerings that reduce costs, lower CO2 emissions, and generate new revenue streams through demand response and grid balancing services.
Target Audience
Hiven's primary customers are energy retailers, EV manufacturers, EV charger manufacturers, and heat pump manufacturers seeking to enhance their product offerings with smart energy management capabilities.
Features
- Cloud connectivity for a wide range of devices including EVs, chargers, heat pumps, solar inverters, and home batteries via a single API integration
- Dynamic price optimization based on real-time tariffs (SPOT, Time-of-Use) and local grid fees
- Solar optimization to maximize self-consumption and automated selection of optimal energy flow (sell, use, or store)
- Green energy optimization using real-time data and forecasts of the power system's energy mix
- Virtual Power Plant (VPP) aggregation for demand response and flexibility trading
- Forecasting of energy demand and estimation of tradable flexibility
- API documentation for developers to integrate Hiven's solution into existing UIs
- End-to-end accountability ensuring user comfort and compliance with local regulations