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Submitted URL: https://companionenergy.eu/
Effective URL: https://www.companion.energy/
Submission: On December 09 via api from US — Scanned from CA
Effective URL: https://www.companion.energy/
Submission: On December 09 via api from US — Scanned from CA
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Why Product Benefits How it works FAQ Content hub Book a demo Why Product Benefits How it works FAQ Content hub CLEANER ENERGY, AT A LOWER COST Software to manage industrial energy flexibility in the age of renewables. Discover how Meet companion.energy OUR SOFTWARE FLEXIBILIZES YOUR SITE'S ENERGY CONSUMPTION Industrial energy management is getting more complex, but this complexity offers opportunities. By integrating your energy data with the market, we forecast your energy cost balance - tailored to your specific contract mix - and distill precise signals for energy optimization. Get started and use more renewable energy, saving up to a third of your current costs. Book a demo Watch our explainer video benefits 01. CUT YOUR COSTS Keeping energy costs under control is key for staying competitive. The growing share of renewables in our energy mix causes energy prices to fluctuate. Prices drop when there is an abundance of sun and wind, but spike when these resources are scarce. Flexible energy usage allows you to shift your consumption to specific moments when prices are low. This strategy can reduce your energy costs by 10-30%. 02. LIMIT ENERGY COST FLUCTUATIONS Fluctuating energy prices are hard to anticipate, making it difficult to predict and manage your budget. You can hedge against these fluctuations, but its effectiveness depends on how accurately you can forecast and steer your energy use. Deviations from forecasts can also trigger costs in itself (imbalance costs). With flexible energy usage, you can shift your consumption to align more closely with your forecast and budget. 03. ELIMINATE YOUR EMISSIONS Achieving Net Zero energy is a complex journey. Securing sufficient renewable energy production is usually the first challenge. Once that's in place, the next crucial step is aligning your energy consumption with the amount of renewable energy you have installed or contracted. Flexible energy usage allows you to focus your consumption at times with high(er) levels of clean energy. product THE DATA BACKBONE THAT CALCULATES YOUR OPTIMIZATION SIGNALS IN REAL-TIME Our software translates your unique operational context and contract mix into an accurate energy model. The model supports multiple flexible asset types, on-site energy generation, hedging, PPAs, as well as various offtake and injection contracts. This model is then forecasted to output a series of optimization signals for steering your flexible assets. These signals are accessible either through an API for direct integration with your hardware and software systems, or via our BI suite for detailed reporting purposes. 01 Energy Costs Breakdowns of costs by site and contract, including forecasts and budget comparisons. 02 Risk Exposure Analyses covering day-ahead and intraday exposure, down to the level of individual assets. 03 Energy-related Emissions Renewable energy matching based on market availability and location, while tracking any remaining emissions. how it works FROM REACTIVE ENERGY CONSUMPTION TO PROACTIVE FLEXIBILITY Using advanced analytics, we transform your energy management system for more flexible use of energy resources. product SEAMLESS DATA INTEGRATION FOR REAL-TIME INSIGHT Companion enriches your own operational and financial energy data with vital market information. Data integration: * Operational data: from your on-site data captation systems and production planning. * Financial data: from your energy contracts, hedging decisions, invoices and intraday, day-ahead and futures markets. * Additional data: such as renewable energy forecasts, grid emissions and weather information. The output is a real-time balance of your energy use, costs, and emissions that you can break down in detail. forecasting ACCURATE FORWARD-LOOKING VIEW Companion.energy deploys state-of-the art predictive models to forecast your energy usage, costs, and emissions with high accuracy. This approach makes it possible to calculate optimization signals that shift your strategy from a reactive approach to proactively anticipating the future. output signals FLEXIBLE ASSETS AND THIRD PARTY INTEGRATIONS Companion.energy delivers real-time optimization signals through an API, enabling smooth integration with your flexible assets and operational processes. Moreover, these signals can also be interfaced to third parties for demand response (with aggregators), collaborative forecasting (with utilities) or reporting (with compliance tools). use cases FOCUS ON ELECTRIFYING AND ELECTRIFIED SECTORS Our software is already applied by customers in a broad range of industries. Part manufacturing Biotech Electric utilities Telecommunications & data centers Charge point operations Part manufacturing Deploying electric ovens flexibly, taking into account updated hedging strategies, to increase ROI on electrification investments. Biotech Steering water purification and cooling buffers flexibly to unlock day-ahead price arbitrage. Electric utilities Creating win-wins for electric utilities and their large commercial and industrial consumers. This is done through collaborative forecasting and flexible management of assets, aimed at reducing portfolio imbalances. Telecommunications & data centers Moving towards 24/7 Carbon-Free Energy by shifting from monthly energy management to automated, minute-by-minute control that is seamlessly integrated. Charge point operations Managing dynamic market exposure by flexibilizing longer charging sessions. 1 / 5 Getting started A CLEAR, STRAIGHTFORWARD ONBOARDING PROCESS Our approach is tailored to your specific roadmap and needs. 0 1 2 3 4 5 01 intake meeting intake meeting A FREE DISCOVERY CALL Let’s discuss and benchmark your current energy context, either virtually or in person. We'll explore your unique energy needs from various angles including procurement, risk management, operations, and sustainability. Book a demo 02 Integration with network administrator Integration with network administrator ALIGNMENT WITH YOUR IT/OT ARCHITECTURE We align with your IT specialists to prepare a smooth and stable integration with your existing IT/OT system. Book a demo 03 we make you an offer we make you an offer TAILORED OFFER We develop a commercial offer that is tailored to your needs and preferences. Book a demo 04 data integration data integration INPUT DATA INTEGRATION AND MODEL TRAINING We integrate all relevant data sources into our software and thoroughly test their integrity and reliability. Following this, we begin training our forecasting models to ensure they make accurate predictions. Book a demo 05 up and running Up and running IMMEDIATE IMPACT We provide dedicated support in 'hypercare mode' during the integration of our output signals. This approach helps to minimize risks and allows you to start benefiting from optimized energy management as soon as possible. Book a demo FAQ IS COMPANION.ENERGY FOR ME? If you're dealing with an increasingly complex energy situation, then absolutely. Our software works best with a mix of different energy contracts, and different flexible energy assets. WILL IT WORK IF I DON’T HAVE 100% FLEXIBILITY? Absolutely. It's common for companies to have limited flexibility due to various operational or commercial constraints, preventing full shifts in energy usage. Our software is tailored to understand and work within these restrictions. WE TRY TO BE 100% HEDGED, SO DO I HAVE ANY RELEVANT PRICE FLUCTUATIONS? Most likely, yes. Even with a strategy to hedge completely, price fluctuations can still occur and impact how you manage your flexible assets. For instance, distribution and transmission tariffs are increasingly based on specific times and locations, which can vary significantly. I’M ALREADY WORKING WITH AN ENERGY CONSULTANT. HOW IS THIS DIFFERENT? If you have a good energy consultant, they’ll give you great advice on topics like your energy contract mix, energy efficiency projects, electrification roadmaps etc. Our software complements their services by enabling you to granularly adjust your energy use in real-time, based on their recommendations. This allows for detailed control of your energy operations minute-by-minute. BOOK A FREE DISCOVERY CALL WITH FOUNDERS THOMAS & JONAS Ready to use more renewable energy while paying less? Contact us to learn more about Companion.energy. Schedule a call Email us Why companion? Product Benefits How it works Book a demo Sign up for our knowledge articles Join our newsletter to stay up to date on features and releases. By subscribing you agree to with our Privacy Policy and provide consent to receive updates from our company. Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. Follow us Privacy PolicyTerms of ServiceCookies Settings © 2024 Companion.energy BV, BE 0791.776.356, Sint-Pietersnieuwstraat 11, 9000 Ghent, Belgium; hello@companion.energy By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information. DenyAccept Privacy Preference Center When you visit websites, they may store or retrieve data in your browser. This storage is often necessary for the basic functionality of the website. The storage may be used for marketing, analytics, and personalization of the site, such as storing your preferences. Privacy is important to us, so you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website. Blocking categories may impact your experience on the website. Reject all cookiesAllow all cookies Manage Consent Preferences by Category Essential Always Active These items are required to enable basic website functionality. Marketing Essential These items are used to deliver advertising that is more relevant to you and your interests. They may also be used to limit the number of times you see an advertisement and measure the effectiveness of advertising campaigns. Advertising networks usually place them with the website operator’s permission. Personalization Essential These items allow the website to remember choices you make (such as your user name, language, or the region you are in) and provide enhanced, more personal features. For example, a website may provide you with local weather reports or traffic news by storing data about your current location. Analytics Essential These items help the website operator understand how its website performs, how visitors interact with the site, and whether there may be technical issues. This storage type usually doesn’t collect information that identifies a visitor. Confirm my preferences and close