Hydrogrid

Hydrogrid is a technology company that provides a software-as-a-service (SaaS) platform, HYDROGRID Insight, for the hydropower industry. The platform is designed for hydro asset managers, production planners, and traders to optimize their operations.

The core of the business is a proprietary machine learning algorithm that delivers precise inflow and power price forecasts. This enables clients to automate production planning and optimize trading strategies across various power markets, including yearly hedging, day-ahead, and intra-day markets. The software also assists in navigating operational constraints and ensuring environmental compliance.

By integrating water management and production planning, the company helps hydropower plants to adapt to the increasing volatility of the energy market and the challenges posed by climate change. The goal is to maximize the value of water resources and enhance the operational efficiency of hydropower assets. The company serves clients globally, offering a tool to make data-driven decisions for both short-term and long-term planning.

Keywords: hydropower, energy trading, production planning, water management, machine learning, SaaS, power markets, asset optimization, renewable energy, data analytics