FREN
Dexter EnergyAmsterdam
Power trading
AI enabled production forecasts & trade strategies for renewable power trading
Company informationLocationAmsterdam
Websitehttps://dexterenergy.ai/
Email/
Founded2016
Employees40
FundraisingTotal Funding Amount €12.5M
Founders
Luuk VeekenCEO & Co-founder
Hubert Penn CCO & Co-founder
Tom LemmensCPO
About Dexter Energy
Issues resolved
The energy transition is disrupting the way energy companies trade & balance demand and supply. The increase of weather-dependent renewables, automation of trading and increasing IT complexity are resulting in exponentially growing balancing costs for energy companies.
Solution
Dexter’s trade optimization services solve the growing challenges renewable energy companies face in the short-term trading cycle:
- Accurate & explainable generation forecasting helps managing volumetric & price risk
- Automated bidding strategies turns volatile price risk into trade opportunities
- Access to leading AI product through an easy to use API helps manage an increasing IT complexity for virtual power plant operators
