HubWatt is a platform that enables local producers of solar energy, including businesses and individuals, to easily monetize their surplus photovoltaic energy. By facilitating local energy exchange, HubWatt aims to reduce energy bills, strengthen local energy resilience, and decarbonize society.
Funding
Funding not disclosed
Founders
Product
Problem
Local solar energy producers, including businesses and individuals, face challenges in effectively monetizing surplus photovoltaic energy due to complexities in local energy exchange and regulatory hurdles. This often leads to underutilization of renewable energy and lost revenue opportunities.
Solution
HubWatt offers a platform designed to facilitate local energy exchange, enabling producers of solar energy to easily monetize their surplus photovoltaic energy. The platform provides tools for analyzing valorization scenarios, deploying energy operations, and optimizing energy management in real-time, considering seasonal variations and consumption peaks. HubWatt simplifies energy transactions, connecting producers with local consumers and maximizing the return on investment for renewable energy installations. The platform also ensures financial security by allowing producers to retain the EDF Obligation d’Achat tariff as a last resort for surplus energy not consumed locally.
Target Audience
HubWatt primarily serves businesses, industries, farmers, solar installers, and financial investors seeking to maximize returns on renewable energy assets through efficient local energy exchange.
Features
- Advanced analysis tools to determine the optimal valorization strategy, including individual or collective autoconsumption and total sales.
- Management of administrative, technical, and legal procedures for project deployment, including the creation of energy communities and setting resale prices.
- Real-time monitoring dashboard for tracking and optimizing energy production, providing access to live statistics and community management tools.
- Algorithms that optimize project parameters, ensuring simplified and maximized production management.
- Facilitation of energy redistribution to other buildings or sites within a group, optimizing the use of produced energy.
- Simplification of administrative, legal, and accounting processes related to individual and collective autoconsumption operations.