4 Top Energy Storage Software Solutions developed by Startups

Curious about new technological advancements in the energy industry? Explore our analysis of 143 global startups & scaleups and learn how their energy storage software solutions impact your business!

Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover four hand-picked startups developing energy storage software solutions.

Out of 143, the Global Startup Heat Map highlights 4 Top Energy Storage Software Solutions

The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.

The Global Startup Heat Map below reveals the distribution of the 143 exemplary startups & scaleups we analyzed for this research. Further, it highlights four energy startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these four startups & scaleups in this report. For insights on the other 139 energy storage software solutions, get in touch with us.

EnergyStorageSoftware_in_Energy_Heatmap_StartUsInsights-noresize

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Interested in exploring all 140+ energy storage software solutions?

 

Nikola Power builds Energy Storage Management Systems

Energy storage management systems increase the value of energy storage by forecasting thermal capacities within electricity grids, batteries, and renewable energy plants. They provide real-time data and information, relieve transmission and distribution network congestion, maintain Volt-Ampere Reactive (VAR) control. Together, startups working on energy storage solutions aim to simplify energy storage management.

US-based startup Nikola Power offers intelligent energy storage software that ensures efficient battery management for renewable energy sources and grids. The startup uses proprietary algorithms to dynamically control the battery performance. It also optimizes savings in behind-the-meter storage systems.

Peak Power enables Energy Storage Optimization

The integration of renewable energy grids with traditional energy networks poses a challenge for grid stability. This is why energy storage optimization is a hot topic. This software solution applies complex algorithms, like the particle swarm optimization algorithm, to configure the capacities of networks and commercial buildings. As a result, these systems maximize storage benefits and minimize energy losses and volatility.

Canadian startup Peak Power develops a software platform called Synergy to counterbalance peak demand for electric utilities and commercial buildings. It responds in real-time to market signals, forecasts peak events, determines operation times, and optimizes the use of storage capacities in distributed energy resources (DERs).

Energsoft provides Energy Storage Analytics

As energy producers work to decrease the use of fossil fuels, there is a need for continuous analysis of power capacities to eliminate disparities between energy demand and supply. Energy storage analytics leverages big data and machine learning to extract energy storage insights in real-time and empower users to access analytics and insights.

Based in the USA, Energsoft is a startup developing a cloud-hosted AI platform to tackle the challenges of data collection, stitching, and analysis for sustainable batteries. Employing deep learning techniques, the startup detects design problems, monitors battery conditions, and prompts users for making upgrades.

TWAICE creates Energy Storage Simulation

Energy storage simulation addresses the issues and bottlenecks in energy storage facilities by replicating the behavior of energy networks. Based on incoming power data, it is designed to predict lifetime performance and return on investment (ROI) for batteries and storage facilities. Storage simulation also enables cities to identify deficit demand and plan renewable grids to support the affected regions.

German startup TWAICE leverages the power of digital twin technology to simulate electric batteries. They combine the data collected from the battery management system, model libraries, and external data sources to build a high-precision model. The startup also performs additional analytics to increase the efficiency, reliability, and durability of energy storage systems.

Discover more Energy Startups

Energy startups such as the examples highlighted in this report focus on energy software to optimize networks and simulate scenarios, as well as energy analytics and management. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore energy technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Energy Innovation Report to save your time and improve strategic decision-making.

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