Member Spotlight: AmperonMonday, March 13th 2023
Tell us about Amperon in 3 sentences or less.
Founded in 2018 by a seasoned data engineer and a veteran energy trader, Amperon incorporates the latest advances in machine learning to deliver the most accurate insights into grid operations. Our demand-forecasting platform is used by electricity retailers, energy traders, grid operators, large end-users and utilities worldwide to mitigate risk and improve operational planning. Our mission is to bring AI to global grids in the service of grid reliability, risk management, and sustainability.
What is Amperon’s role in the energy transition and how are you unique in the sector?
We’re the risk management solution for the energy transition. With the increase in EVs, rooftop solar and electrification of the grid, it is becoming increasingly hard to predict and meet demand. By incorporating the latest advances in machine learning into demand forecasts, energy market participants get more accurate insights into grid operations which leads to better risk management for businesses, as well as a greener and more stable grid for everyone.
What are the macro trends currently affecting you?
The electrification of the grid and rooftop solar are major trends affecting demand forecasts. The minute a new EV is purchased and plugged in or whenever that first solar panel is connected to a home, the demand for electricity changes forever. Being able to understand, anticipate and predict this change is critical to balancing the grid of the future.
What are the most recent updates from Amperon and what does 2023 have in store for you?
We will be launching renewable forecasts in early 2023. One of the biggest factors in predicting demand is how much wind and solar will be on the grid. By incorporating site-level generation data into our machine-learning models, we will be able to provide even more accurate forecasts to our customers.
Why did you decide to join Dynamo? What aspect of your membership are you happiest with?
Dynamo is a growing community bringing innovators and thought leaders together to work to solve some of the most pressing issues facing the energy industry. The team has been a great partner in reaching and engaging with new audiences and creating excellent content and events that complement Amperon’s strategic goals.
For media relations contactClaudia Prandoni Marketing & Communications Manager