SnerpaPower
SnerpaPower provides an AI-powered energy management platform that helps power-intensive industries like data centers, aluminum smelters, and hydrogen producers optimize electricity consumption, reduce costs, and generate new revenue by participating in balancing markets. The platform automates load forecasting, scheduling, and bid generation while monitoring risk in real time, and it currently manages over 10 TWh of annual industrial consumption across roughly 15 Nordic sites.
- Artificial Intelligence
- Data & Analytics
- Clean Technology
- Energy
- Enterprise Software
- Software Only
Funding
Raised to date
€5.6MRaised 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.
Est. $6.1Macross 3 rounds
EIT€3M · Seed
Announced Aug 2026 · from article date
Disclosed cumulative: $6.1M
Founders
Product
Problem
Power-intensive industries such as data centers, aluminum smelters, and hydrogen producers face rising electricity costs and increasing pressure to participate in grid balancing, yet their complex operations make manual scheduling and flexibility trading risky and inefficient. Without automated tools, these companies struggle to optimize consumption, minimize imbalance penalties, and capture new revenue from flexibility markets without disrupting core production.
Solution
SnerpaPower delivers an AI-powered energy management platform that connects industrial operations with electricity contracts and markets in real time. The system continuously forecasts demand, automates scheduling, and generates profitable bids for balancing services while respecting each plant's operational constraints. By consolidating consumption data with market and exogenous data, the platform enables automated decision-making around electricity usage, helping customers reduce total power costs and unlock flexibility revenue without jeopardizing production. The platform also provides risk management surveillance and automated reporting, giving industrial users a single tool to manage electricity across multiple plants and locations.
Target Audience
Primary customers are power-intensive industrial operators including data centers, aluminum and metals producers, and hydrogen or power-to-X facilities across the Nordic region and Europe.
Features
- Automated load forecasting and scheduling algorithms that continuously update schedules and submit them to TSOs, distributors, or energy suppliers before gate closure
- Bid generator that dynamically calculates available flexibility and pricing based on real-time asset monitoring, with configurable boundary conditions for full operator control
- Risk management module with automatic alarms and notifications for schedule deviations, high prices, and costly power peaks
- Reporting module that automatically tracks KPIs including consumption, schedule quality, imbalances, power peaks, costs, and revenues
- One-stop platform supporting multiple plants in different market locations with consolidated real-time data access
- Security-first architecture covering infrastructure, organizational, product, and data privacy layers