Summary
- Profile Type
- Technology offer
- POD Reference
- TOGR20250424011
- Term of Validity
- 24 April 2025 - 24 April 2026
- Company's Country
- Greece
- Type of partnership
- Commercial agreement with technical assistance
- Targeted Countries
- Sweden
- United Kingdom
- Germany
- Netherlands
- Austria
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General information
- Short Summary
- A small Greek enterprise with expertise in green technologies for energy efficiency and energy saving wishes to establish collaboration with foreign partners (particularly in Sweden, Netherlands, Germany, Austria, and the UK) who would be interested in acquiring the Greek client’s software applications.
- Full Description
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This spin-off company was established in 2022 by the information technologies institute of one of the leading research and technology centres in Greece, with the goal of advancing energy management solutions. The energy sector is currently undergoing rapid changes, with forced carbonization (a process that accelerates the transformation of organic materials into carbon-rich materials under controlled conditions of heat and pressure), and the explosion of both renewable energy sources (RES) and electromobility, which are expected to lead to the saturation of the main electricity grid. In view of this, the company has developed various technology solutions for the decentralisation, production, storage, and consumption of energy at the local level.
The company specializes in developing integrated hardware and software platforms that transform small and medium-sized energy consumers into next-generation microgrids. These platforms enable optimized energy management, real-time monitoring and control, and facilitating the integration of various energy production and storage technologies, as well as electric vehicle charging systems.
The technologies on offer have the following features:-
- day-ahead dynamic programming-based optimization and real-time-enabled compensation of divergences due to disturbances caused by variances in weather and user behaviour, for microgrids and virtual power plants
- integration of photovoltaic plants from multiple inverter manufacturers and provision of accurate artificial intelligence-based renewable energy source forecasting
- optimal sizing tool for residential photovoltaics and energy storage systems (ESS). By harnessing time series data, it delivers exceptional accuracy by relying on weather application programming interfaces (API) for precise power generation estimates. The tool incorporates customizable user profiles featuring diverse load curves, tailoring results to individual users. Furthermore, it facilitates the modeling of energy-intensive loads, including heat pumps and electric vehicles (EV), offering a comprehensive approach to residential energy system optimization.
The founding team is comprised of individuals with considerable expertise in electrical engineering and computer science. Their combined technical and business skills enable them to develop highly-efficient energy management solutions. Through its innovative approach, the client aims to empower their customers by transforming complex energy needs into efficient, resilient solutions, contributing to a sustainable future.
Within only a year of operations, their innovative solutions for optimal energy resource management in microgrids and virtual power plants received transnational recognition, with an award from an accelerator competition in southeastern Europe.
The client has already built up a significant presence in Greece. But it has ambitions to reach other European countries. Therefore, it is seeking foreign partners particularly in Sweden, Netherlands, Germany, Austria, and the UK who would be interested in acquiring the Greek client’s energy management systems under a commercial agreement with technical assistance. - Advantages and Innovations
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The software provides the most efficient energy management within a microgrid system, and can be adapted to various end-users, both private and public, ranging from individual residences to larger premises such as health establishments, commercial units, offices, and industrial plants. For example, in a household where there is a photovoltaic panel and a battery, the installation of this artificial intelligence-based technology allows the consumer to gain complete autonomy from the central power supply grid, while saving 20% on their annual consumption. Beyond this significant economic benefit, the company’s solutions help maximise the reliability of a microgrid, which in the case of hospitals for instance is vital, for both the consistency of the energy supply, but also in order to maximise the lifetime of the equipment used.
The application incorporates artificial intelligence-generated predictive models, that allow the system to know what the microgrid will produce, and what it will consume. Based on this prediction, it creates the best possible scheduling of electrical loads, so that the consumer does not need to rely on the central grid, but is covered by its own energy resources. Potential future applications for this software include offshore users such as ships and also even as far as space. - Stage of Development
- Already on the market
- Sustainable Development Goals
- Goal 12: Responsible Consumption and Production
- Goal 9: Industry, Innovation and Infrastructure
- Goal 7: Affordable and Clean Energy
- Goal 11: Sustainable Cities and Communities
- IPR status
- IPR granted
Partner Sought
- Expected Role of a Partner
- The client is seeking foreign partners, particularly in Sweden, Netherlands, Germany, Austria, and the UK, who would be interested in acquiring the Greek client’s technology under a commercial agreement with technical assistance. The Greek company would provide comprehensive technical support in order to assist the purchaser in the transfer and application of the energy management technology on offer.
- Type and Size of Partner
- SME <=10
- SME 50 - 249
- Big company
- SME 11-49
- Type of partnership
- Commercial agreement with technical assistance
Dissemination
- Technology keywords
- 004006001 - Energy management
- Market keywords
- 02007016 - Artificial intelligence related software
- Sector Groups Involved
- Energy-Intensive Industries
- Renewable Energy
- Digital
- Targeted countries
- Sweden
- United Kingdom
- Germany
- Netherlands
- Austria
