Methodology
& Definitions

01

Selection criteria

  1. 01
    Product type
    Packaged products Managed Services · OEM

    The software must ship as a scalable product without vendor lock-in, rather than an internal tool wrapped in a service contract.

  2. 02
    Core offering
    Software value-add Pure hardware & sensors

    The core value must lie in the software platform. Raw data telemetry hardware, pure IoT sensors, and data loggers without significant management software are out of scope.

  3. 03
    Asset class
    MW-scale assets EV and Residential

    In scope: BESS, renewables, hydrogen, heat and industrial loads.

  4. 04
    Buyer
    IPPs, aggregators, industrials Suppliers and retailers

    The buyer must own or operate flexible assets.

  5. 05
    Geography
    Europe HQ, multi-country Single-country or non-European

    A demonstrated multi-country footprint across the continent is required.

  6. 06
    Maturity
    Proven references Startups

    Early-stage vendors are reviewed again once multiple deployed references and a critical operational size have been reached.

02

Technologies

Markets & orchestration

Software that connects MW-scale energy assets to wholesale and balancing markets — covering algorithmic trade execution, VPP aggregation, industrial demand response, and grid-scale BESS optimization.

Sub-categories 5
Algorithmic Power Trading & ETRM Software for automated market access, algorithmic trading, and Energy Trade & Risk Management (ETRM). Manages spot/intraday bidding, position tracking, and imbalance risk across power portfolios without direct physical asset control.
Grid-scale BESS & Hybrid plants Dedicated software for maximizing revenue of utility-scale battery energy storage systems (BESS) and co-located hybrid renewable plants. Focuses on AI-driven multi-market dispatch while managing site-level constraints and battery degradation.
Demand Response & Load Flexibility Platforms tailored to monetize consumption flexibility from industrial, commercial, and municipal loads. Focuses on safe load curtailment, process shifting, and bidding into ancillary services without disrupting core operations.
Utility & C&I VPP Aggregation Cloud platforms that aggregate commercial-scale and utility-scale distributed generation and storage to act as a single market participant. Focuses on physical remote dispatch and portfolio optimization for balancing markets.
Residential & Fleet Aggregation High-volume cloud orchestration of mass-market, small-scale assets (EV smart charging, home batteries, residential solar, heat pumps), primarily serving energy retailers and fleet operators.
Analytics & Forecasts

Platforms and services that produce forecasts, analytics, market intelligence, and investment-grade data — covering weather-to-wire power predictions, energy market data, asset health diagnostics, energy efficiency analytics, and business-case modelling.

Sub-categories 10
Energy market intelligence Data platforms, indices, and research services providing structured energy market information — covering real-time and historical commodity prices, market reports, forward curves, benchmarking indices, and macro-level energy statistics.
Renewable power forecasting Providers of primary, weather-driven power production forecasts delivered as standalone data products or APIs. These "pure-play" forecasting providers utilise proprietary meteorological data, NWP models, satellite imagery, and physics-constrained ML to predict generation for solar, wind, and hydro assets. This category is strictly for data providers selling forecasts, excluding software platforms (such as VPPs, trading systems, or EMS) that merely consume forecasts internally to optimize assets or execute market trades.
Consumption & load forecasting Providers of primary electricity demand and load predictions, delivered as standalone data products or APIs. This covers macro grid-level load forecasting, as well as building and EV charging demand predictions. This category is reserved exclusively for dedicated data providers and excludes downstream software platforms (such as VPPs or energy management systems) that utilize internal load forecasting solely to optimize assets or schedule flexibility.
Price forecasting Dedicated market intelligence providers generating primary electricity price predictions—spanning from day-ahead clearing prices to 40-year fundamental curves. These forecasts are delivered as standalone data feeds or comprehensive reports. This category explicitly excludes algorithmic trading platforms, BESS optimizers, and VPPs that integrate price forecasting internally to execute automated market bids.
Investment & asset valuation Dedicated software products and SaaS platforms for clients to independently model, simulate, and value energy assets for investment, lending decisions, and bankability. This explicitly requires the company to provide a clear, client-facing product or tool (e.g., like Gridcog, Pexapark, Montel, Retwin, Clean Horizon, Aurora, Modo) to drive asset valuation, BESS revenue stacking simulations, IRR/NPV calculations, or PPA fair-value assessment.
Battery analytics & diagnostics Specialised analytics for battery health, safety, and lifetime — covering state-of-health estimation, degradation modelling, thermal runaway detection, digital twin simulation, warranty compliance monitoring, and commissioning testing (FAT/SAT).
Predictive maintenance & AI analytics Dedicated AI solutions that ingest existing SCADA and operational data to provide unsupervised machine learning, anomaly detection, early failure prediction, and digital-twin-based root cause analysis for renewable assets like wind and solar.
Weather & resource assessment Raw weather data services and bankable resource assessment for pre-construction and operational use — covering solar irradiance databases, wind resource maps, mesoscale/LES modelling, virtual met masts, hindcast datasets, and weather APIs.
Energy efficiency analytics Analytics platforms for reducing energy consumption and carbon emissions in industrial facilities and commercial buildings — covering energy audits, consumption anomaly detection, process optimisation, ISO 50001 compliance, M&V (measurement and verification), and multi-site benchmarking.
PPA & procurement analytics Tools for renewable energy procurement management — covering PPA valuation and benchmarking, energy attribute certificate tracking, 24/7 carbon-free energy matching, granular certificate management, and portfolio risk analytics for corporate buyers.
Monitoring & control

On-site and cloud-based systems for real-time monitoring, supervisory control, asset performance management, and maintenance of energy assets — spanning SCADA, power plant controllers, hardware EMS, and CMMS across utility-scale, C&I, and building applications.

Sub-categories 6
On-site EMS / edge controller Hardware gateways and edge controllers installed on-site for local energy management — providing near-real-time control of DER (batteries, PV inverters, heat pumps, EV chargers) with offline fallback, protocol translation (Modbus, MQTT, IEC-104), and cloud connectivity. Also covers microgrid controllers and hybrid plant dispatch hardware.
SCADA Industrial-grade supervisory control and data acquisition systems for utility-scale power plants — providing real-time HMI dashboards, alarm management, event logging, remote control, automated reporting, and grid management capabilities including power flow forecasting and congestion management.
Power plant controller (PPC) Grid-side controllers that regulate active and reactive power output of generation and storage plants to meet grid-code requirements — covering voltage/frequency regulation, ramp-rate control, curtailment management, and grid compliance for utility-scale solar, wind, and BESS plants.
Asset performance management Cloud-based fleet monitoring and analytics platforms for multi-site renewable portfolios — providing centralised dashboards, KPI tracking, performance benchmarking, and smart alarms. This category is strictly for pure-play monitoring software and excludes providers that also supply SCADA/PPC hardware, or fully integrated commercial asset management (ERP/CMMS).
O&M / CMMS Comprehensive operating systems for renewable energy operations — combining technical O&M (CMMS, work orders, maintenance scheduling) with commercial asset management (invoicing, contract/warranty tracking, direct marketing, and financial reporting).
Building & C&I energy management Behind-the-meter optimisation platforms for commercial buildings, industrial sites, and multi-site portfolios — covering HVAC control, EV charging management, self-consumption maximisation, peak shaving, dynamic tariff optimisation, and energy hub coordination.