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PoderoRemote
Power retail
Utilities use Podero’s platform to synchronize consumer devices, electricity markets, and software systems (energy management, pricing) to offer highly competitive electricity contracts.
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LocationRemote
Founded2022
Employees17
Fundraising$6.4M
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Christoph BernkopfCEO & Co-Founder
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Louis JabbourFounder's Associate
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Moritz SchraderHead of Product & Co-Founder
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About Podero
Issues resolved
Utilities face constant pressure in a rapidly evolving and developing industry. Mandatory dynamic tariffs, highly volatile markets and a massive increase in flexible devices require utilities to act quickly. Additionally, traditional energy retail models need to be complemented by technology solutions, but many players lack the resources and expertise to make the transition from energy retailer to technology company. At the same time, electricity prices are volatile and competition from innovative players adds to the pressure from a technological point of view and to retain customers.
Solution
Podero steers end-users’ devices through a white-label, ready-to-use app that synchronizes energy consumption with their PV production (HEMS), the spot markets, and the balancing energy market. By steering each device to take advantage of energy market volatility, end customers can cut costs by up to 27,4%.
Podero enables utilities to trade the aggregated device flexibility. Podero forecasts the devices load curves, aggregates them, calculates the trading potential and transmits it to utilities virtual power plants which execute the trade. This allows utilities to offer best-in-class tariffs and generate new revenue streams from trading profits, helping them to reach their margin objectives.