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Dexter Energy is a developer of an energy forecasting and trading optimization software using artificial intelligence to help reduce imbalances on the electricity grid and help energy companies save costs. The company's software optimizes energy retailers by forecasting energy loads and imbalances to help the companies increase renewable production and manage energy price risk. Other services offered by Dexter Energy include asset dispatching, data management services, portfolio optimization, energy data analytics, and energy trading simulations.
Dexter Energy was founded by CEO Luuk Veeken, Hubert Penn, and Fons de Leeuw and is headquartered in Amsterdam, Netherlands.
Dexter Energy's Generation Forecast solution is a data-driven and artificial intelligence-based forecast solution for the energy market. It is optimized for short-term power trading and developed to handle operational data like SCADA data and availability data. The solution is offered as an API.
Dexter Energy offers its trade optimization solution for automated bidding strategies based on price forecasts in order to maximize short-term trade profits. The solution's underlying price models are based on a dozen external data sources, including weather models and fundamental market providers.
Dexter Energy's Flex Optimization solution offers flex optimization strategies for trade asset flexibility on the energy market and is designed for renewable energies, particularly wind or solar assets on the balancing market.