Sympower

Reducing households’ energy bills

Climate-KIC Start-Up

Location: Estonia

Sympower’s goal is a low-carbon, high-tech future. By providing typical households with a free smart system that integrates with heating and cooling devices and shifts the usage to cheaper hours (without compromising comfort), Sympower reduces households’ energy bills.

finalist-small

SEMI-FINALIST

Venture

Competition

Birmingham

2015

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Sympower’s virtual power plant connects thousands of household heating/cooling devices, optimizing their behavior in real-time. Electricity system operators can balance the supply and demand of electricity via Sympower’s platform as opposed to the current way of balancing the system, which is mostly done with polluting fossil fuel plants running in an inefficient way. Sympower reduces the need for highly polluting “peaking” plants, allows existing plants to run more efficiently, and facilitates the integration of renewables, all in all significantly reducing carbon emissions and enabling a transition to a low-carbon, high-tech future.

Contact:

Georg Rute – georg@sympower.net – +372 5699 6942

www.sympower.net

www.twitter.com/sympowerltd

www.facebook.com/sympowerltd

Team Members: Simon Bushell (CEO and Co-founder), Georg Rute (CTO and Co-founder)