Summary:
Greenely is a Swedish energy tech startup with an ambitious vision: to revolutionize how households manage energy consumption.
They offer a unique platform that combines energy analytics, optimization services, and virtual power plant (VPP) technology.
Greenely empowers customers to save money on their energy bills, earn revenue by contributing to grid stability, and become part of a larger sustainable energy ecosystem.
Their goal is to become the largest residential VPP in Europe, driving the energy transition by empowering individuals to participate in a cleaner energy future.
Greenely has secured €8 million in Series A funding to expand their platform across the Nordic region and beyond, paving the way for international expansion.
Greenely: Revolutionizing Home Energy Management with AI and Virtual Power Plants
Swedish startup Greenely is on a mission to change how we consume and manage energy. With a fresh €8 million Series A funding round, they're expanding their energy management platform across the Nordic region, aiming to reach millions of households and support Europe's energy transition.
Greenely's platform offers a unique blend of energy consumption analytics, optimization services, and virtual power plant (VPP) technology to help customers save money and contribute to a greener future. Here's how it works:
- Free and premium energy analytics: Get insights into your energy usage and identify areas for improvement.
- Energy optimization services: Greenely helps you optimize charging schedules for electric vehicles, reduce energy demand, and access government payouts for participating in grid stability.
- Home battery integration: Install a home battery to store energy for later use, respond to wholesale electricity price fluctuations, and further optimize energy consumption.
- VPP technology: Become a part of Greenely's VPP network, contributing to grid stability and potentially earning revenue through government payouts.
Key benefits for customers:
- Reduced energy bills: Average savings of €250 per customer per year, with potential savings up to €500 for EV owners.
- Earn revenue: Generate income by participating in Greenely's VPP and contributing to grid stability.
- Simplified energy management: One platform for managing energy use, optimizing consumption, and accessing government incentives.
Greenely is not just another energy supplier; it's an energy platform. Their goal is to provide a platform that benefits all consumers, regardless of their current energy supplier, empowering them to save money and contribute to a sustainable energy future. They're aiming to become the largest residential VPP in Europe, tackling the energy transition head-on.
The future of Greenely:
- International expansion: Expanding into Finland, Norway, and other European markets with high smart meter penetration.
- Building the largest VPP: Aiming to create the largest residential VPP in Europe, enabling millions of households to participate in grid stability.
- Driving Europe's energy transition: Empowering individuals to contribute to a greener future by optimizing their energy consumption and earning revenue through their energy use.
Greenely's innovative approach is attracting attention and investment. Their platform has the potential to revolutionize how we interact with energy, empowering individuals and helping Europe reach its ambitious decarbonization goals.
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