While many companies and industries are still discussing the possibilities of artificial intelligence (AI), ESFORIN is taking a decisive step in cooperation with the start-up of TUM professor Alois Knoll, 1Alpha GmbH: Together, they continue to optimise ESFORIN’s use of AI in the energy industry, setting further standards for the digitalisation and automation of the energy sector. The collaboration addresses key questions for the future of the energy industry: How can we make electricity grids more resilient? How can flexibility, particularly in German industry, be activated by AI to reduce energy costs? And how can regulatory requirements and data sovereignty be combined with innovation?
"With this partnership, we are demonstrating that AI in the energy industry is not just a buzzword, but creates real added value for our customers and the energy transition", says Christian Hövelhaus, CEO of ESFORIN SE.
The challenges posed by the energy transition are enormous: renewable energies, volatile feed-in, complex grids and a highly dynamic electricity market require fast, data-driven decisions. This is precisely where the joint collaboration comes in: further improvement of a so-called AI-based real-time information and forecasting infrastructure that will initially enable electricity market participants to be provided with relevant information, thereby making the electricity market more efficient, flexible and thus more sustainable.
What others describe as a vision is becoming reality thanks to the collaboration between ESFORIN and the team at the Technical University of Munich:
- AI-supported forecasts for generation and consumption
- Real-time optimisation of grids and storage facilities
- AI-based trading strategies and algorithms as well as dynamic electricity tariffs
- Early warning systems and self-healing routines for greater resilience
- Digital twins for better investment decisions
With ESFORIN as a pioneer in algorithm-based flexibility marketing and the expertise of the Technical University of Munich, a leading university in the use of artificial intelligence, a consortium is being formed that combines not only technological excellence in AI but also practical implementation skills in the energy business. The project is being scientifically led by Prof. Dr.-Ing. Alois Knoll of the Technical University of Munich, a world-leading AI researcher who, together with his team, is responsible for AI optimisation.
With this partnership, AI is becoming more than just a buzzword for energy optimisation; it is a groundbreaking driver of the energy transition. ESFORIN and the TUM team of 1Alpha are demonstrating how “AI Made in Germany” is shaping in a leading manner the energy supply of tomorrow: scalable, secure and interna-tionally compatible.
