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nex­tract ener­gy

Maurits Zevering, Daniel Benkhoff, Mariia Semenenko

Opti­miz­ing ener­gy stor­age tech­nolo­gies with AI to res­cue excess green elec­tric­i­ty from loss due to grid bot­tle­necks.

Con­nect with the team

Mau­rits Zev­er­ing

Man­ag­ing Direc­tor: Finance & Strat­e­gy at nex­tract ener­gy Read more

Key Facts

  • Found­ing date: June’22
  • Loca­tion: Berlin, Ger­many

Part of Poly Cri­sis Pro­gram #4

Sus­tain­able Devel­op­ment Goals (SDGs)

Ambi­tion

Empow­er­ing renew­able ener­gy oper­a­tors to max­i­mize ener­gy yield while mit­i­gat­ing the loss of green elec­tric­i­ty caused by grid bot­tle­necks through pro­vid­ing action­able insights with AI pre­dic­tions. nex­tract ener­gy aims to increase the Ger­man renew­able elec­tric­i­ty pro­duc­tion by up to 4 per­cent.

Solu­tion

SaaS plat­form for opti­miz­ing load sched­ules, inte­grat­ing AI pre­dic­tions and algo­rith­mic stor­age opti­miza­tion, allow­ing oper­a­tors to mon­e­tize cur­tailed ener­gy by lever­ag­ing pre­dic­tive sched­ul­ing for opti­mal uti­liza­tion across dif­fer­ent stor­age medi­ums such as hydro­gen, dis­trict heat­ing, and bat­tery stor­age.