Photo: Freepik
Austrian green energy producer Enery and Turkish software company SmartPulse have entered a strategic partnership to deliver advanced solutions for the management and trading of renewable energy and storage assets. The collaboration aims to amplify market results for renewable energy producers and battery owners, while strengthening integration into the regional energy markets.
Enery Portfolio Optimization (EPO) – the licensed power trader of Enery managing a portfolio of over 750 MW of renewables assets and 700 MWh of battery capacity, will enhance its services through SmartPulse’s multi-market optimization platform, which automates trading, delivers real-time dispatch, and provides analytics and forecasting. The Turkish software company’s services coupled with EPO’s market know-how accelerate revenue growth and strengthen financial outcomes, according to the announcement.
The combined offering will be available for standalone and co-located storage assets on the Romanian market as part of a wider regional partnership. The platform aims to ensure the highest profitability from day-ahead, intraday and ancillary services markets, while ensuring the optimal physical dispatch of the asset, the Austrian company pointed out.
Balancing group members gain access to market opportunities
The service captures the full spectrum of financial arbitrage opportunities, reserve and balancing energy market participation to maximize revenue potential, Enery added. By joining its balancing group, renewables producers and battery storage owners gain access to all markets opportunities, reduced balancing costs, and 24/7 monitoring and trading through an artificial intelligence–powered platform, the update reads.
The offering in Romania will be part of a wider regional partnership
“Our international expertise in storage and renewables optimisation combined with SmartPulse’s innovative platform allows us to be more flexible and deliver tailored solutions for each asset. This partnership ensures that our Romanian clients will receive the highest quality services and optimised profitability from their assets,” said Enery’s Head of Energy Trading Petya Dimova.
Romania is among most dynamic power markets in Europe
The two companies stressed that they are bringing international experience and know-how in optimizing the value of large-scale renewables and storage assets to the Romanian market. The joint approach ensures clients can focus on business development, operations, and maintenance, while entrusting the financial realization of their electricity to expert hands, they said.
“Romania is one of the most dynamic power markets in Europe, and we are proud to make it a priority in our growth journey. By partnering with Enery, we bring our technology together with their strong local expertise to deliver advanced optimization and trading solutions,” Head of Global Growth at SmartPulse Uygar Yörük stated.
Enery, an independent power producer, operates a diversified portfolio of 511 MW and has 212 MW under construction. Its development pipeline amounts to almost 10 GW across 10 countries in Central and Eastern Europe. In the region that Balkan Green Energy News covers, the company is active in Romania, Bulgaria and Slovenia.
SmartPulse, founded in 2018 in Istanbul, focuses on short-term power trading automation. The firm has just been acquired by Volue.
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