Powernaut provides a cloud‑based Virtual Power Plant platform that aggregates distributed energy resources into a single control point. It uses forecasting and optimisation to automate portfolio balancing and integrates with trading desks for market participation. The solution enables retailers and independent power producers to create flexible products, capture additional revenue, and manage assets from one workspace.
Funding
$2.6M 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
The increasing reliance on decentralized renewable energy sources introduces grid instability due to their inherent unpredictability. Existing grid infrastructure struggles to adapt to the fluctuating supply and demand, hindering the efficient integration of renewables and potentially leading to costly imbalances for energy suppliers.
Solution
Powernaut offers a Virtual Power Plant (VPP) solution that connects and manages decentralized renewable energy resources, enabling real-time prediction and optimization of energy supply and demand. The platform seamlessly integrates with diverse renewable energy sources, leveraging advanced forecasting algorithms to predict their behavior and proactively correct portfolio imbalances. By providing tools to steer assets in real-time and activate crucial flexibility, Powernaut empowers energy suppliers to optimize trading, manage portfolios effectively, and turn potential surpluses into profitable opportunities. The open VPP architecture facilitates the transition to a more sustainable energy market by making sustainability economically viable.
Target Audience
Powernaut primarily targets energy suppliers and resource managers seeking to integrate and manage decentralized renewable energy resources efficiently, optimize energy trading, and contribute to a more sustainable energy market.
Features
- Seamless connection to diverse renewable energy resources, including solar, wind, and hydro.
- Advanced forecasting algorithms for accurate prediction of renewable energy generation.
- Real-time asset steering and flexibility activation capabilities.
- Portfolio imbalance correction mechanisms to ensure grid stability.
- Open VPP architecture for easy integration with existing energy infrastructure.
- Optimization tools for energy trading and portfolio management.