REDEFINING ENERGY MARKETS
Active in six countries across Europe, Nano Energies uses predictive modeling to trade electricity in a sustainable way, striving to make energy flows more efficient.
The organisation. which was founded in 2008, is a holding of three subsidiaries all with the aim of improving the energy market.
Their team of analysts and mathematicians at Nano Energies Trade discovered many inefficiencies within the grid and found ways to use energy flexibility within producers and consumers to improve grid performance and also help to manage the supply from renewable energy sources.
Digital Energy Services function as a flexibility aggregator, reduces customers’ bills as they are encouraged to use energy when there is a surplus in the grid and the tariffs are cheaper. At the same time, producers of energy are encouraged to make more energy at times when there is lack of electricity in the grid. They are then able to sell it at a higher price.
The grid itself is more balanced and safer because smart use of energy decreases the need for significant investment and the construction of new infrastructure, such as peak power plants or battery storage.
The company, with a base of 4000 customers , also operates Nano Green, the only provider of 100 % renewable energy from local and independent sources in the Czech Republic. The venture supplies electricity to households and businesses, giving them the opportunity to use clean energy without installing their own rooftop solar or other energy sources.
An upcoming pilot project will explore localised, peer-to-peer, production through a system that allows businesses and households to pick the specific type and location of renewable energy source they want to receive.
Nano Energies CEO, Stanislav Chvála, said: “We believe there is the potential to change the way energy is consumed and produced and our vision is to motivate people to use it in a smarter way.
“We are exploring innovations that are going to help change the energy market and find ways to integrate new technologies that are going to be make it easier to supply more renewable energy in the future.”
Joseph Rowntree Charitable Trust
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