Enspired was founded in 2020 and is a digital power trading-as-a-service company headquartered in Vienna. Its mission is to enable clients to bring flexible assets to power spot markets and commercially optimize them on short-term markets with a suite of trading services.

The company offers four main services to optimize flexible assets:

Flexibility benchmark - This includes optimization of physical flexibility for one month, sharing of trading activity, and final summary report which evaluates the P&L and trading results

Power Storage Trading - Proprietary optimization and trading strategies for storage assets where intraday trades are executed by Enspired and passed on

Power Generation Trading - Optimize the dispatch of power generation assets considering the day-ahead schedule, dynamic marginal costs, and technical restrictions

Residual Position Trading - Enspire can trade intraday positions 24x7 without the need for market access while automating communication interfaces

Profit-sharing model without fixed or upfront costs the majority of times

• AI models used to leverage vast amounts of data in real-time which means that no manual trading is happening
• Automated trading without human intervention
• Transparency including strategy behavior, order flow, and real-time P&L

Enspire has the goal of helping overcome challenges like 24/7 availability to participate in intraday power trading, lack of transparency of existing trading services, lack of real-time reporting, limited access to comprehensive market and fundamental data for trade optimization.

Supported assets for flex trading include:

• Short-term storage (battery, pumped-storage)
• EVs
• Thermal power plants
• Combined heat and power (CHP) plants
• Virtual power plants (VPP)
• Pumped-storage hydropower