SAMAWATT SA

SAMAWATT has developed OptimalAsset, a plug-and-play automated trading software-as-a-service solution that monitors simultaneously the fluctuation in the renewable farm production and the dynamics of the wholesale electricity market supply, demand, and prices. OptimalAsset enables renewable power producers to increase profitability by: i) empowering small players to access the wholesale electricity markets directly without passing through expensive intermediaries; ii) reducing grid imbalance penalties due to intermittent production by an order of magnitude; and (iii) enhancing the stability of the electricity grid, thus reducing the need to use carbon-intensive gas fired power plants to provide emergency electricity supply.