
Nexum Energy
Nexum Energy is an innovative company specializing in the development of software solutions for the energy sector. Their solution, the Nexum VPP operator software, ensures the management of virtual power plants through the integration and centralized control of renewable energy power plants, energy storage systems, and controllable consumption as a unified energy resource.
The platform leverages advanced algorithms and artificial intelligence to forecast electricity consumption and production, optimize resources, and maximize efficiency. Nexum Energy helps aggregators, independent producers, suppliers, and grid operators better manage their energy resource portfolios and market operations.
Through automation, analytics, and centralized control, Nexum VPP contributes to the stability of the power system, and enhances the profitability of renewable energy sources. The company focuses on markets with a growing need for digitalization in the electricity sector.
Services:
- Software solution for managing virtual power plants
- Centralized control, coordination, and optimization of distributed energy resources
- Forecasting and monitoring of consumption and production a day ahead and in real-time
- Resource optimization
- Detailed reporting
Production capacities:
Nexum Energy is developing a software solution. Its production capacity is reflected in its team and a network of partners active in the electricity market, who either use the software or sell it.
Export markets:
Rapid scaling and expansion into other markets in the Western Balkans and across Europe are possible. Algorithms for accurate day-ahead market forecasting of production and consumption, as well as advanced optimization algorithms, are equally essential in all developed electricity markets. Due to these factors, adapting the software to a specific market can be carried out quickly.
Target markets:
- Aggregators acting as intermediaries in the electricity market
- Aggregators operating as virtual power plant operators
- Independent power producers
- Energy suppliers – companies providing electricity to end users
- Grid operators managing electricity transmission and distribution
- Energy-intensive industries seeking advanced software solutions for energy management
Statistics:
Key market indicators show that Nexum Energy’s service in the Western Balkans has the potential to achieve a 1% market share by 2026, with a value of €500,000. By 2030, this could increase to a 3% market share, reaching €5,000,000.
In the European market, Nexum Energy’s potential is reflected in a 0.1% market share by 2026, with a value of €2,000,000. By 2030, this could grow to a 1% market share, reaching €20,000,000.
Standards and certifications:
- ISO/IEC 27001: The Information Security Management System (ISMS) is crucial for ensuring the security of VPP software and protecting it from cyber threats.
- IEC 61970 & IEC 61968: These standards focus on application programming interfaces (APIs) for Energy Management Systems (EMS-API). They are essential for data exchange and integration within the VPP.
- IEEE 1547: This standard provides guidelines for connecting distributed energy resources (DER) to the power system. Ensuring compliance with this standard is crucial for the safe and reliable integration of DERs within the VPP.
- ISO 50001: It provides a framework for establishing energy performance improvements, which is useful for optimizing the operation of the VPP.
- ETSI TS 103 410: Guidelines for integrating demand-side flexibility, which is important for the efficient operation of the VPP.
NEXUM ENERGY
A: Obrenovićeva 46, 18 000 Niš, Serbia
M: +381 64 23 63 131 (Andrija Petrušić), +381 69 4 777 017 (Uroš Ilić)
E: info@nexumenergy.ai
www.nexumenergy.ai