Why we've invested in enspired
Trend
Volatility in electricity intraday trading is increasing due to the growing share of renewable generation, while at the same time an increasing proportion of fluctuating generation is privately owned without its own trading organization. The intraday market is becoming increasingly important for the integration of renewables. The trend on the financial markets is towards fully automated algo-trading.
Problem
Only the enterprise cooperation are currently active on the intraday market; it is not yet clear which assets and business models will provide the flexibility; however, it is clear that all those who can provide flexibility must monetize their assets on the intraday trading market.
Solution
Enspired offers asset owners AI-supported, fully automated algo-trading including market access to EPEX, Nordpool, e.g. as Trading-as-a-Service.
About enspired
When the energy transition is a matter of the heart, but no one is answering the flexibility question on the market, you need to join forces with the most knowledgeable individuals in the industry to automate the gap in the playing field. By employing artificial intelligence and vast amounts of data, we turned this responsibility into a quantifiable purpose. And this is precisely what we did. As a startup, we faced every obstacle in the book: insufficient funding, personal sacrifices and bureaucratic limitations. Less than three years later – having put a whole new infrastructure, platform and distribution system in place as a leading fully digital power trading
We're very pleased to have EnBW New Ventures as an investor. They continue to support us through our growth phases and each financing round and are a truly reliable partner