Mission:
Contributes to transition:
Contributes to SDG(s):
Dexter Energy developed an AI platform that processes large amounts of data daily, including 1,000 GB of weather data and market information. Based on these analyses, the system generates highly accurate forecasts, which energy companies can use to optimise their trading strategy. This technology allows companies to save up to 35% on balancing costs, making more efficient use of renewable energy sources and making the energy market more stable.
Dexter Energy's AI solution has a broad and lasting impact:
● More efficient use of renewable energy: better forecasting will optimise the use of renewable energy sources.
● Reducing CO2 emissions: By better coordinating energy production and use, unnecessary emissions from fossil plants are reduced.
● Lower energy costs: Energy companies can save up to 35% on balancing costs, which can indirectly lead to lower energy tariffs for consumers.
Dexter Energy works with leading energy companies and research institutions to continuously improve its AI technology. The investments by PDENH played a vital role in further developing the prediction models and implementing the technology at scale. This allows Dexter Energy to continue to increase its contribution to the energy transition and prove that financial returns and sustainability go hand in hand.
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