Business Creation
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Stemy

Maximising consumers' energy efficiency while streamlining the energy flexibility of the grid

Stemy logo

Country:

Spain

Thematic field:

Smart and Efficient Buildings and Cities

Market segment:

Municipality, Non-residential building, Power Distribution, Residential building

The start-up

Stemy Energy was created with the mission to reduce the energy bill of end-users, reduce their carbon footprint, and promote a more sustainable energy system, using learning tools to participate in the ancillary services market in real-time whilst managing the demand simultaneously.

The need

Renewable energy sources produce variable energy that depends on weather conditions. High renewable quotas are mandatory in EU policies. Flexibility in demand is essential to keep electricity systems in balance with high renewable shares.

The solution

SPLODER monitors distributed energy resources, weather conditions, building performance, energy markets and customers’ load behavior. Using several self-learning algorithms, it optimizes the energy infrastructure of the end-user to obtain the most from energy markets (wholesale, ancillary services markets and local markets). The platform then sends commands to the IoT devices or any other platform to apply the result of the optimisation.

The value proposition

• Reduces customers’ energy bills.
• Earns revenues from flexible markets.
• Increases energy efficiency by 30% while reducing CO2 by 40%.