What if we could use energy smarter without extra cables or extensive infrastructure? That's exactly what Powerchainger, an ambitious Dutch climate tech startup based at Campus Groningen, is working on. Founded by CEO Yang Soo Kloosterhof, the company aims to make sustainable and clean energy globally accessible. "Our mission is to make renewable energy available to everyone," says Kloosterhof. "Still, 10% of the world's population lacks access to energy, while many depend on polluting sources. With smart technology and AI, we aim to change that."
Instead of intervening in physical infrastructure, Powerchainger focuses on software to build the energy system of the future. "With our smart algorithms, we can real-time disaggregate energy data at the device level, without the need for smart plugs. Furthermore, our algorithms consider weather conditions and available renewables. This helps consumers optimize their energy consumption, creating a flexible and resilient energy system," explains Kloosterhof.
How does it work
Powerchainger targets households, with energy providers as their direct customers. "Our technology can analyze energy data at the individual device level, without requiring physical changes in homes," Kloosterhof says. "In the Netherlands, nearly 90% of households have smart meters. Our software uses data from these meters to detect active devices and accurately predict when and where energy is needed. This allows households to shift their consumption to cheaper and more sustainable times of the day."
Collaboration with Energy Providers
Energy companies are key clients for Powerchainger. "Energy companies play a crucial role in the energy transition, but they face challenges such as unpredictable energy needs and high customer turnover," notes Kloosterhof. "Our technology helps them better understand their customers and actively engage them in energy optimization."
One of the innovative solutions in development is a dongle that connects to the smart meter. "This dongle interfaces with our algorithms and provides real-time insights into device-level energy consumption via an app. This helps households use energy more efficiently and optimally, without permanently storing their data."
"Our mission is to make renewable energy available to everyone. Still, 10% of the world's population lacks access to energy, while many depend on polluting sources. With smart technology and AI, we aim to change that."
Impact on Energy Networks and Congestion Issues
More efficient energy use benefits not only individual households but also helps reduce network congestion, which affects businesses. By better balancing supply and demand, Powerchainger contributes to a more stable energy network. "Congestion, like traffic jams, is a structural issue. Technology alone isn't enough; behavioral change also plays a significant role," Kloosterhof emphasizes. This is where Powerchainger distinguishes itself: combining state-of-the-art technology with behavioral influence.
Why Campus Groningen?
Powerchainger is strategically located at Zernike Campus. "Here, we collaborate with Hanze and faculties such as Science and Engineering and AI from the University of Groningen," Kloosterhof explains. The campus provides access to research projects and has a strong focus on energy. "Moreover, it's a dynamic startup community where we feel at home. It's an inspiring environment with a mix of knowledge institutions and entrepreneurs."
From the Netherlands to a Global Market
While initially focusing on the Dutch market, Powerchainger aims for international operations in the future. "Ultimately, our goal is global," Kloosterhof asserts. Currently in the early-stage phase, the company is determined to bring its technology to market this year.
"We're currently testing our technology with international energy supplier Vattenfall and preparing for a beta launch, a test with a group of users," Kloosterhof reveals. This year marks Powerchainger's initial market entry, with the next two years focused on broader market penetration and collaborations with multiple energy companies. Northern Europe is the next targeted region, followed by broader expansion within and beyond Europe.
The Road Ahead: Growth and Innovation
The coming years are crucial for Powerchainger to evolve from a promising startup to a market player in smart energy solutions. In addition to the planned market introduction in 2025, additional financing is necessary to accelerate growth and achieve break-even. Following a recent investment from Future Tech Ventures, Powerchainger is seeking new capital to realize its next growth phase. "The biggest challenge currently is actual market entry," Kloosterhof admits. "We need to prove in the coming months that we can not only run pilots but also be a serious player." Long-term partnerships with energy companies are crucial in this endeavor.
With advanced AI technology and strategic partnerships, Powerchainger aims to accelerate the energy transition and make sustainable energy accessible to everyone. "It's not just about people with solar panels, Teslas, and home batteries," Kloosterhof stresses. "It's especially about those without access to affordable and sustainable energy who should benefit."
Interested in learning more about Powerchainger? You can contact Powerchainger via Yang Soo Kloosterhof (yangsoo@powerchainger.nl). The company is open to collaborations and innovative developments within the energy market.
Source: Campus Groningen
Photo: Yang Soo Kloosterhof, CEO Powerchainger (left) and Marios Souroulla, CTO Powerchainger. Rights: NV NOM