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SAMAWATT

Wind & solar park operators have the risk of intermittent power production. When the forecasted energy deviates from the actual production, these deviations are penalized by the market operator because they bring about grid imbalances.
We developed OptimalAsset, a SaaS that reduces the grid imbalance penalties for renewable assets operators significantly. Our innovation is a self-learning optimization engine combining production and market price uncertainties that sends automatic market orders
Our predictive analytics and optimization software as a service significantly reduces grid imbalance penalties for renewable asset operators

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SAMAWATT

2019

2019 Finalist Switzerland

Sub industry

Efficiency

Additional Industries
Enterprise Software
Financial Technology

Mission

MassChallenge strengthens the global innovation ecosystem by accelerating high-potential startups across all industries, from anywhere in the world.