About

The global energy industry faces a critical challenge in transitioning from fossil fuels to sustainable and renewable energy sources. Governments, corporations, and individuals are under increasing pressure to reduce carbon emissions while maintaining reliable and efficient energy supply. However, achieving energy sustainability is complex, involving the optimization of renewable energy systems, coupling of multiple energy networks, and the need for cost-effective, scalable solutions. As countries worldwide implement policies that demand greener energy alternatives, SUSTENERGO aims to address this niche by offering cutting-edge energy technologies including energy modelling, power flow analysis, lifecycle assessment, day-ahead optimization, emergency management, and impact assessment

Solution & Product

SUSTENERGO offers a suite of solutions designed to optimize renewable energy systems. Our core products include: VERIFY-B: A web-based platform for analyzing and optimizing energy systems across various networks like electricity, gas, and heating. INTEMA: A set of software tools for simulating multi-domain energy systems, facilitating the modeling of production, storage, and consumption. USE: A platform evaluating urban sustainability through indexes in line with the UN's Sustainable Development Goals (SDGs). SmartGO: A smart grid optimization tool that assists operators with decision-making for normal operation, planning, and emergency responses. These solutions provide integrated tools to manage the entire lifecycle of energy systems, from generation to consumption, ensuring efficiency, reliability, and environmental performance.

Innovation & Scalability

SUSTENERGO has substantial growth potential due to the increasing global emphasis on renewable energy adoption. With rising demand for sustainable energy solutions, we are positioned to expand into international markets, particularly in regions with favorable regulatory frameworks for renewable energy. One of the barriers we foresee is the adaptation of our solutions to different regulatory environments and the capital required for scaling globally. Nonetheless, our strong R&D capabilities and strategic partnerships position us well for overcoming these challenges.

Traction & achievements

SUSTENERGO stands out by offering technologically advanced and interoperable solutions. Our innovations lie in the combination of cutting-edge software for energy system modeling and real-time optimization, with an open-source platform approach that enhances collaboration and scalability. Unlike traditional energy management tools, our products focus on seamless integration across different energy networks (electricity, gas, heating) and prioritize not only efficiency but also environmental performance. This unique combination of environmental and economic optimization differentiates us from competitors, allowing us to offer solutions that are both scalable and adaptable to the evolving needs of the renewable energy sector. SUSTENERGO has made substantial progress in product development and market penetration. We have successfully launched our VERIFY-B platform, which has already attracted industrial customers. Our additional tools - SmartGo, Intema, and USE - are currently being piloted at multiple demonstration sites across Europe. Furthermore, we have established strategic partnerships with research institutions and we are in the processes of securing our intellectual property for our innovations. Additionally, we are in discussions with energy operators, urban planners, and municipalities focused on enhancing energy systems at the district level

Team & Why Us

We combine rigorous research with commercial applications to deliver solutions based on the latest scientific advancements. Our team consists of experts in energy research, engineering, and business development. Dr. Paraskevi Giourka (CEO): Innovation management expert with 15+ years in technology scouting and energy efficiency. Dr. Nikolaos Nikolopoulos (Chief Research Officer): Leads energy resource utilization research, experienced in CFD. Dr. Dimitrios Rakopoulos (COO): Senior researcher with industrial experience, specializes in RES and energy optimization. Dr. Angelos-Saverios Skempris (CTO): Project management and engineering, focusing on advanced energy technologies. Dr. Panagiotis Grammelis (Area Manager): Research Director on alternative fuels. Mr. Petros Iliadis (Energy Simulation Specialist): PhD candidate, in energy systems modeling and optimization. Mr. Andreas Seitaridis & Mr. Stefanos Petridis (Software Engineers): Software solutions for energy assessments and optimization.

Funding Needs

SUSTENERGO operates on a B2B model, providing software solutions for energy management and optimization to businesses and governments. We generate revenue through software licensing, subscription models, and consultancy services. Our products are distributed via online platforms, allowing for easy deployment and integration into existing infrastructure. We also pursue direct sales to key stakeholders in the energy and urban planning sectors, complemented by strategic partnerships with governments and research institutions to widen our market access.