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Celebrating the 1-year anniversary of Optimal Bid!
This article was written by our colleague Johan de Vries, Tech lead & Data Scientist - Operations Research at Dexter Energy Services. The last few years have seen a dramatic increase in renewable energy production worldwide and in Europe in particular. This...
read moreNewion led a €2 million investment round in Dexter Energy – to accelerate the energy transition
Amsterdam, March 18th, 2020 — Dexter Energy, a fast-growing startup that uses AI to help energy companies optimize their portfolios, has received a €2 million Series A investment led by Newion, an early-stage investor in B2B software companies. Existing investors...
read moreDexter forecasts imbalance prices for the ‘KPN neighbourhood battery’
KPN, a top tier telco provider in the Netherlands is developing the ‘KPN Buurtbatterij’ (‘Neighborhood Battery’) concept. The batteries, which are installed throughout the Netherlands, are primarily used as back-up generation in case of power interruptions. With the...
read moreCooperation: Dexter Energy & EWS Schönau [VIDEO]
EWS Schönau is a green energy company from Germany providing 200’000+ households with green, locally sourced power and gas. EW Schönau has the ambition to build a product whereby green energy is being shared between prosumers - in real-time and locally. To...
read moreWhat types of forecasting does Dexter offer? [VIDEO]
Our forecasts help our customers to optimize their imbalance positions. For this we offer two different products. We offer load forecasts on the supply and demand side: Solar and wind B2B, telemetry B2C, synthetically profiled customers Prosumers, both large and small...
read moreHow much more precise is the forecasting of Dexter? [VIDEO]
With our load forecasting models, we can reduce imbalance costs up to 35%. Our imbalance forecaster is 80% accurate. With our imbalance forecaster, we can realize a gross margin of 65k per year when trading a 1MW / 1MWh our battery.
read moreHow does the algorithm of Dexter work? [VIDEO]
The algorithm uses a very large amount of data. Think of weather data, proprietary data, grid data behavioural data in combination with historic consumption and production data from the customer. We then process that data to improve the quality of it. In a next step...
read moreWhat problem does Dexter solve? [VIDEO]
Energy companies are facing growing costs as a result of the energy transition. Here’s why: In the electricity system, production and consumption have to be equal at all times. If the system is not in balance, the grid operator has to intervene. This results in extra...
read moreDexter and the future of renewable energy [interview Luuk Veeken]
Dexter and the future of renewable energy When it comes to energy, renewable is the future. Moving away from the current fossil fuel economy can make our communities healthier, reduce pollution, and create more and better jobs. This means that the quest for...
read moreResidential solar and managing summerly imbalance
This week the IEA (International Energy Agency) published its 2019 Renewables report. The report foresees strong growth in renewables - driven by decentral solar power. We are seeing an increase in summerly imbalance costs driven by residential solar, which if the IEA...
read moreDexter raises investment to scale forecasting software solution
Dexter Energy Services, AI-based energy forecasting software provider, receives a substantial investment. The investing consortium is led by PDENH, co-invested by smart energy accelerator Rockstart and informal investors Stephen Asplin and Andreas Gelfort. The capital...
read moreDexter appointed by Greenchoice to dispatch wind-battery-combination
Greenchoice, a large provider of green energy in the Netherlands, has selected Dexter Energy Services to provide forecasting software for a wind-battery-combination. The windpark consists of 8 windmills, which generate 68GWh on average per year. The 10MW (10MWh)...
read moreHVC chooses Dexter to forecast 39 MWp solar power
HVC is expanding its renewable generation portfolio by developing three solar parks in 2018 of in total 39 MWp. HVC chose Dexter as forecasting partner for day-ahead and intra-day power nominations. On the 27th November 2018 the first solar park in Boekelermeer has...
read moreDexter’s pitch at Demo Day – Smart Energy Accelerator of Rockstart
Dexter Energy Services was selected to participate in the smart energy accelerator program 2018 at Rockstart. Halfway the program, the energy start-ups were invited on stage to tell their story to the industry, investors and partners. Hubert, COO of Dexter, about...
read moreDexter joins Rockstart accelerator smart energy 2018
Last week the Dexter team started with the Rockstart program. Together with 8 other start-ups (Greener, Fibresail, AMMP, Flexidao, NetAnders and others) we started to work on our customer journey, team building & B2B sales. What adds even more value than the...
read morePicnic and Engie choose Dexter’s algorithm to dispatch smart grid battery
We are proud to announce that Dexter is part of a large smart grid pilot in Rotterdam. Together with online supermarket Picnic and energy company ENGIE we will help integrating Picnic's energy-related assets, including 160 PEV's (Picnic Electric Vehicle's). Dexter's...
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