Provides a SaaS platform for power-intensive industries to automate and optimize electricity scheduling, load forecasting, and bid generation for balancing markets. Reduces grid imbalances, lowers electricity costs, and enables the integration of renewable energy by maximizing industrial flexibility and real-time load control across multiple locations.
Funding
$2.4M 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.
CCFounders
Product
Problem
Power-intensive industries face challenges in optimizing electricity consumption, managing grid imbalances, and integrating renewable energy sources, leading to increased costs and hindering sustainability efforts. Existing energy management systems often lack the real-time data integration and automation needed to effectively leverage industrial load flexibility for balancing markets. This results in missed revenue opportunities and increased risk in volatile energy markets.
Solution
SnerpaPower offers a deep-tech SaaS platform that enables power-intensive industries to automate and optimize electricity scheduling, load forecasting, and bid generation for balancing markets. The platform leverages real-time data streams and proprietary algorithms to minimize grid imbalances, reduce electricity costs, and maximize the integration of renewable energy sources. By providing a comprehensive overview of electricity consumption and flexibility potential across multiple plants, SnerpaPower empowers industries to unlock new revenue streams from balancing services and accelerate their digital transformation towards a net-zero energy system. The system facilitates optimized sector coupling and affordable green hydrogen production.
Target Audience
SnerpaPower primarily targets power-intensive industries such as data centers, aluminum smelters, and hydrogen producers seeking to optimize their electricity consumption, reduce costs, and enhance their sustainability efforts.
Features
- Automated load forecasting and electricity scheduling to minimize deviations and manual processes
- Real-time surveillance of load control with automatic notifications for proactive risk management
- Bid generation module for live connection to balancing markets and automatic bidding strategies
- Comprehensive reporting on costs, revenues, and performance metrics for informed decision-making
- Integration of market and industry expertise to ensure market presence is based on up-to-date knowledge
- Algorithms tailored to the processes of each industrial plant to ensure that flexibility provision is not negatively impacting their core services or products.
- Secure infrastructure, organizational practices, product design, internal procedures, and data & privacy protocols