
SAMAWATT has developed OptimalAsset™, a plug-and-play automated trading software-as-a-service solution that monitors simultaneously the fluctuation in the renewable farm production and the dynamics of the wholesale electricity market supply, demand, and prices.
OptimalAsset™ enables renewable power producers to increase profitability by: i) empowering small players to access the wholesale electricity markets directly without passing through expensive intermediaries; ii) reducing grid imbalance penalties due to intermittent production by an order of magnitude; and (iii) enhancing the stability of the electricity grid, thus reducing the need to use carbon-intensive gas fired power plants to provide emergency electricity supply.
OptimalAsset™ enables renewable power producers to increase profitability by: i) empowering small players to access the wholesale electricity markets directly without passing through expensive intermediaries; ii) reducing grid imbalance penalties due to intermittent production by an order of magnitude; and (iii) enhancing the stability of the electricity grid, thus reducing the need to use carbon-intensive gas fired power plants to provide emergency electricity supply.
Location: Switzerland, Vaud, Eysins
Employees: 1-10
Founded date: 2018
Investors 4
Date | Name | Website |
- | Venture Ki... | venturekic... |
- | MassChalle... | masschalle... |
- | VentureLab | venturelab... |
- | SICTIC | sictic.ch |
Mentions in press and media 6
Date | Title | Description |
19.02.2025 | Swiss Startups: Pioneers of Innovation on the Global Stage | Switzerland is a small country with a big impact. Its startups are not just participants; they are leaders in innovation. From energy solutions to advanced technologies, Swiss startups are making waves worldwide. They are the architects of ... |
17.02.2025 | Tokyo experiences Swiss energy innovation | The Consulate of Switzerland, Swissnex in Japan is bringing some of Switzerland’s most forward-thinking startups in renewable energy, hydrogen, battery technology, and cleantech to the Hydrogen & Fuel Cell Expo 2025, a business platfor... |
10.05.2023 | Innosuisse Scale-up Coaching programme to boost 17 start-ups | |
07.08.2019 | Swissnex Startup Bootcamp: Off to San Francisco | |
17.05.2019 | Here is the 4th MassChallenge Switzerland Cohort | Normal 0 21 false false false FR-CH X-NONE X-NONE |
05.11.2018 | Swiss startup wins global cleantech competition |