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The global energy market is changing due to increase in volatile production from renewable sources such as wind and solar power. At the same time investments in reserve capacity is decreasing due to low electricity prices. There Corporation turns existing, electricity heated homes into virtual power plants that can provide reserve-capacity. There’s Energy Management platform brings internet-of-things to existing heating and cooling systems, that creates value from using hidden, existing energy resources.
Energy companies & hardware manufacturers
Turnover: EUR 1M (expected 2016)