The energy transition is taking place in electric distribution grids. Renewable energy generating plants and charging possibilities for electric vehicles must be integrated. The expansion of the power grids will become increasingly difficult. 400 billion euros need to be invested in renewing the grids in Europe alone by 2020. Intelligent control concepts can help reduce the costs in smart grids.
envelio offers grid operators the Intelligent Grid Platform or IGP, a digital assistance system for technical planning and operations processes. The IGP software, which functions as a service, links the application of mathematical optimization and analysis processes on the basis of artificial intelligence from the five founders' dissertations. Current manual processes in distribution grids will be automated, optimized, and sped up through machine learning. For the first time ever energy grid operators will be able to plan and operate sustainable and flexible grids cost-effectively. This allows more renewable energies to be more quickly integrated into the energy system.
envelio is funded by EXIST and has entered the market in a pilot phase with initial customers.