CleanTech & Energy
Artificial Intelligence & Machine Learning
Data & Analytics

Astrolabium

Astrolabium

Astrolabium

We develop AI technology to help companies manage energy market risk.

Astrolabium logo
  • Company

    Astrolabium
  • Founders

    Tomás Almeida, Reha Discioglu
  • Year

    2022
  • Website

  • E-mail

  • Hub

    Asprela I
  • Industries

    CleanTech & Energy
    Artificial Intelligence & Machine Learning
    Data & Analytics

SUMMARY

We built advanced AI models that simulate the Portuguese and Spanish energy market precisely, offering them through a risk management web platform that allows power producers and consumers to estimate how fluctuations in the energy markets will affect their operations in the short and medium term.

PROBLEM

The difficulty of small and medium-sized power producers and consumers to estimate how the energy market will behave and to quantify its risks, to decide on a correct risk management strategy to protect their margins.

SOLUTION

It provides the simulations of the entire energy market for the following 7 days: all types of price auctions, the generation of different types of energy, the power consumed by the grid, etc. These are probabilistic simulations that allow users to see what's the risk of an extreme event and how it will affect their portfolios, allowing them to take decisions in advance to mitigate those risks or take advantage of those opportunities presented.

JOIN US

Being part of UPTEC means belonging to an ecosystem where entrepreneurs from anywhere in the world can take risks, build and learn.