Eneryield

NEWS

August 2024

Eneryield travels to Japan, New Zealand and Australia

During the last couple of weeks, we have visited several conferences in Japan, New Zealand, and Australia alongside our partners ABB.

We had the fantastic opportunity to present our Sensorless Explainable AI for fault prediction and analytics for power grid operators, IntelliView, together with Marco Nunes, at ABB.


We presented among other things, the simple, intuitive dashboard, guiding each user to the most crucial points to pay attention to in each power grid, in order to maintain functional grids, prevent power outages - and minimize costs at every turn.

August 2024

Presenting our XAI-driven fault prediction in Indonesia

One of the many stops for Eneryield's Intelliview in 2024.

Ebrahim Balouji, CEO at Eneryield, presenting our solution IntelliView in Bali

CEO, Ebrahim Balouji (Ph.D, Ph.D), showcased how Eneryield’s IntelliView has proven its impact by predicting power outages in power systems. We would like to thank ABB for the opportunity to present and we look forward to supporting the power grid expansion journey, allowing operations to proceed without disturbance.

31 July 2024

Meet our newest team member - Ellen Håkman

Joining Eneryield as Marketing and Communication Specialist

Ellen has joined Eneryield as Marketing and Communication Specialist, with a background as Digital Marketing Consultant, and a Master's degree in Marketing from the Gothenburg School of Business, Economics, and Law.


“I am happy to join Eneryield in such an exciting stage of the company’s growth, and to get to work with such an innovative team."

"The reason why I chose to study marketing was to have the opportunity to work with a company and a product I truly stand behind
– and I am thankful to be given the opportunity to do just that.


I believe Eneryield's product, IntelliView, has the ability to revolutionize the reliability and sustainability of power infrastructure. With the increased demand for electricity and the more intermittent nature of renewable energy, this is a product that will come to facilitate this change, to meet new environmental goals.” 

Ebrahim Balouji, CEO at Eneryield, presenting our solution IntelliView

31 July 2024

Eneryield travels to Japan and South Korea

Our CEO, Ebrahim Balouji (Ph.D, Ph.D), had the honor to travel across both Japan and South Korea together with Marco Nunes at ABB. The purpose of the trip was to meet potential customers and showcase Eneryield's solution, attending fairs, workshops, seminars, and many other activities.

June 2024

Eneryield raises seed funding from ABB and Chalmers Ventures

Eneryield, founded in 2019 by Johan Rådemar, Ebrahim Balouji (Ph.D, Ph.D) and Karl Bäckström (Ph.D.), has successfully raised seed funding from ABB and Chalmers Ventures to enhance their predictive technology for power outages.

Our team at Eneryield

Seed Europe writes "Eneryield, a Swedish energy tech spinout, has successfully raised seed funding from ABB and Chalmers Ventures to enhance their predictive technology for power outages.

Founded in 2019 by
Johan Rådemar, Ebrahim Balouji (Ph.D, Ph.D) and Karl Bäckström (Ph.D.), Eneryield specializes in reducing unplanned outages through advanced fault prediction integrated into existing electrical systems. Their software, Intelliview, does not require additional hardware, making it a seamless addition to current power networks. Available for both cloud and on-premises deployment, Intelliview is poised to transform grid maintenance and reliability, offering early warning capabilities to prevent faults and reduce operational costs for utility and industrial customers."


Read more here

May 2024 

Marco Nunes joins the Eneryield Board

Marco Nunes, Global Grid EDGE & Cloud Manager at ABB Grid Components, joins Eneryield as a Board Member.


"I’m happy to share that I’m starting a new (additional role) position as Member of the Board of Directors of Eneryield"


See More

April 2024

Eneryield makes the Swedish Climate Startup Map list

"Companies contributing to accelerating the green transition"

Eneryield makes the top ten of pioneering ventures the Swedish Climate Startup Map list that highlights startups and scaleups working on sustainable solutions to tackle climate challenges.


See the full list here

May 2024 

Welcome our newest team member,

Jakob Lindqvist

Joining Eneryield as ML Engineer

Jakob Lindqvist has joined Eneryield as a machine learning engineer. He has recently finished his doctoral studies at Chalmers University of Technology in the field of

Electrical Engineering with a focus on utilizing Machine Learning for advanced Signal Processing.

"Later this spring, I will defend my PhD thesis on probabilistic machine learning. My research has been focused on developing theory and methods for combining deep learning with probabilistic graphical models. I am somewhat of a novice in the electrical power engineering field, but I expect to find many applications for my research here, especially in terms of explainability, unsupervised learning, and learning from noisy labels.

Despite having quite different research topics, co-founder Ebrahim Balouji and I used to share an office as PhD students and I am thrilled to be doing so again, this time working together for real."

May 2024 

Welcome to our M.Sc. thesis student interns

Elias Stenhede, Valter Schütz, and Gustav Vadström are joining our team at Eneryield this spring as they write their master's thesis.


Both Elias and Valter come from Chalmers University of Technology, having bachelor's degrees in Engineering Physics, and are now completing their master's degrees in Engineering Mathematics and Computational Science and Systems Control and Mechatronics, respectively. Their master's thesis, titled "Automatic Extraction of Power Quality Features in Three-Phase Systems Using Autoencoders" explores the innovative use of autoencoders in the power sector.

Gustav also studies at Chalmers University and has a bachelor's background in Software Engineering, but is now studying a master's degree in Data Science and AI. His master's thesis title is "AI Time Series Forecasting in Electrical Power Systems Using Attention Based Models", and focuses on utilizing attention-based models for time series fault predictions.


We welcome Elias, Valter, and Gustav to our team and are excited about the innovation they bring!


May 2024 

Welcome to the team, Linnéa Odqvist!

Linnéa Odqvist has joined the team as a part-time business developer. She has an engineering background in Design and Product Development, and a masters degree in Entrepreneurship and Business Design, from Chalmers University of Technology.

In her role, Linnea plays a vital part across various aspects of the business, including but not limited to preparing essential materials for investment rounds, sales, partnerships, and marketing initiatives. We are glad to welcome such creative person to Eneryield!

May 2024 

NVIDIA features Eneryield's AI-powered solution

Eneryield is featured in NVIDIA's latest video showcasing how AI plays an essential role for optimizing power grid maintenance.

In the search of finding better ways to power our world, IntelliView is able to detect minor faults to predict outages well in advance.

Our solution IntelliView is featured in NVIDIA's latest video "Powering the future of clean Energy", showcasing our fault prediction. See the full video here

"Sweden-based startup Eneryield is using AI to detect signal anomalies in undersea cables, predict equipment failures to avoid costly repairs and enhance reliability of generated power." - states NVIDIA.


The implementation of explainable AI is helping accelerate the clean energy transition. "By optimizing solar and wind farms, simulating climate and weather, modernizing power grids, capturing carbon, and advancing fusion breakthroughs" with AI, we are able to facilitate the expansion of renewable energy. 


Read the full article here and view NVIDIA's video featuring Eneryield Powering the Future of Clean Energy here

10 March 2023

Eneryield participates at Hello Tomorrow

Ebrahim Balouji (Ph.D, Ph.D) and Johan Rådemar from Eneryield participated and had a great time at Hello Tomorrow 2023. Looking forward to come back next year!

Eneryield participating at Hello Tomorrow, aiming to accelerate radical solution to improve human and planetary health. 

10 March 2023

Eneryield presents at CIRED 2023

Ebrahim Balouji, Karl Bäckström, and Viktor Olsson from Eneryield, had the incredible opportunity to present our solution IntelliView at the esteemed CIRED conference,

the Leading Forum where the Electricity Distribution Community meet, this year in Rome, Italy. 


"A huge thanks to Petri Hovila from ABB for joining us in insightful discussions. We're inspired by the exchange of ideas and the potential for future collaborations." - shares Ebrahim Balouji, CEO at Eneryield

Eneryield presenting at CIRED 2023, creating a platform and meeting ground for a worldwide perspective.

10 March 2023

Eneryield in Techstars Alabama EnergTech 2022

Eneryield participates in the Techstars Alabama EnergTech accelerator presenting our solution to prevent power outages, by predicting and localizing minor and major cable faults.


Read the full press release here

Techstars Alabama EnergTech 2022 accelerator

4th July 2022

Welcome our new team member

Fredrik Kjernald!

Fredrik will be working as a Machine Learning Engineer at Eneryield.

He has a background in Engineering Mathematics and Computational Science from Chalmers University of Technology.


Previously, he has worked as a Data Scientist at Advectas.

Fredrik will play a key-role in our continuous product development, as we accelerate towards machine learning based analysis of power systems.

Welcome to the team Fredrik!

31 July 2024

Eneryield and Unipower offer ML-based fault prediction

In collaboration with Unipower, Eneryield offers ML-based fault prediction, enabling a proactive approach to utility management. 


"Through a collaboration with the university spin out Eneryield, [...] Unipower is offering a new type of functionality to give insights in the work with evolving faults."


Read the full article here

31 July 2024

Ebrahim Balouji awarded the Gunnar Engström stipend

Eneryield's founder Ebrahim Balouji was awarded the Gunnar Engström stipend from the ABB-foundation.


The prize was awarded during the national energy conference HUB2021 in Västerås by Mikael Dahlgren, Head of ABB Corporate Research Sweden.


See more from the Gunnar Engström stipend

27th September 2021

Welcome our new team member

Viktor Olsson!

Viktor will be working as a Machine Learning Engineer at Eneryield.

He has a background in Engineering Physics from Chalmers University of Technology with a M.Sc. in Complex Adaptive Systems. Previously, he has worked as a Data Scientist at Volvo Cars.


Viktor will play a key-role in our continuous product development, as we accelerate towards machine learning based analysis of power systems.


Happy to have you on the team!

10 March 2023

Eneryield granted Energiforsk project

Eneryield granted energiforsk project, in collobation with Göteborg Energi, for prediction of incipient fault in electrical systems.

10 March 2023

Eneryield receives Vinnova funding

Eneryield receives funding from Vinnova for pilot deployment project, predicting and identifying upcoming faults in power grids with machine learning methods developed by Eneryield. 


This funding is dedicated to start-ups that are growing and are profitable internationally.


Read full statement here

10 March 2023

Eneryield chosen for pilot with New York Power Authority

The New York Power Authority (NYPA) is launching a demonstration project with a Sweden-based technology company to explore the use of artificial intelligence as part of a long-term upgrade strategy for the Y-49 Long Island Sound Cable that transports power from Westchester to Long Island.

'

The Electric Power Research Institute's (EPRI) Incubatenergy® Labs program recently announced the selection of Eneryield of Gothenburg, Sweden as one of 20 startup companies that will conduct accelerated demonstrations of their technologies with utilities and EPRI as part of Incubatenergy Labs 2021 Cohort.


Read also:
The NYPA News Release
It Talk News Article
Final Project Report

10 March 2023

Eneryield wins the SKAPA innovation award

Eneryield is winning the SKAPA prize of 500 000 SEK and receive the acknowledgement of "Swedish champions of innovation 2020".


“Eneryield's innovation is very relevant in a world where the demand of electricity is rapidly growing” - Skapa jury


SKAPA foundation encourages the best inventors to develop innovations that can improve society. The SKAPA prize is awarded to the persons making the most deserving efforts to creative new products and services leading to commercial opportunities. Every year since 1986 one "Swedish champion of innovation" has been awarded the prize in memory of Alfred Nobel.


Karl Bäckström Co-Founder of Eneryield states "We can not describe how proud we are to be selected in this tough competition. This gives us the opportunity to speed up development and accelerate the transformation towards a more electrified society"


The jury highlighted the relevancy of Eneryield's innovation in a world where the demand of electricity is rapidly growing and how it suits the Sustainable Development Goals (SDGs).


See more from the SKAPA innovation 2020

10 March 2023

Ebrahim, one of the brains behind Eneryield's technology, explains their solution

Eneryield's technology builds on research made by Ebrahim Balouji (Ph.D Electrical Engineering) and Karl Bäckström (Ph.D.c Computer Science) at Chalmers University of Technology.


Ebrahim, one of the brains behind Eneryield's technology, has eight years of experience within data mining of power quality analytics, grid modeling and compensation of power quality problems. He believes there are great opportunities to modernize the power grids.

The world is becoming more digitized and power systems are following the trend. As more sensors are deployed in the power grids, the amount of data collected is also increasing. This creates great opportunities to add value by analyzing data in more sophisticated ways, for example by using novel machine learning methods. These have become suited to analyze power grid data as the availability of computational power, data storage and communication have improved recently. Benefits created revolve around energy efficiency, reliability and predictive maintenance.


Ebrahim Balouji has developed new, state-of-the-art deep learning and machine learning methods to analyze signals related current and voltage. He is currently doing his second PhD within Signal Processing at the Electrical Engineering department at Chalmers University of Technology.


“Machine learning makes it possible to utilize the large amounts of data available on the power grids to extract valuable insights, which can give power grids a higher performance and make them more effective,” Ebrahim says.


By using supervised and unsupervised deep learning techniques, Ebrahim’s methods can classify power quality events and earth faults to identify their root-cause and the direction with a very high accuracy. This process usually requires manual effort and expertise in the field, but Ebrahim’s work shows that this process could be automated with improved accuracy.


This is one important cornerstone in Eneryield’s work to deliver an accurate model of the power grid at any location and point in time. By pinpointing weaknesses in power systems, it is possible to strengthen them and improve security of supply and energy efficiency. Ebrahim has also classified and analyzed partial discharges with impressive results, which is used to estimate the lifetime of electronic devices, such as motors, to understand when maintenance is needed.


The ability to predict power quality events and variations, like harmonics and flicker, is another one of Ebrahim’s findings. This research has been performed together with his fellow colleague Karl Bäckström, who also doctorates at Chalmers. In order to predict power quality, special pre-processing methods for the signal are used. The developed method resulted in the possibility of predicting power quality events and variations upto desired horizons. Applying this innovation in for example active power filters, devices used to compensate power quality disturbances, could reduce their current delays. This would make them act in real time with a higher efficiency and improve the power quality in affected areas.


See Ebrahim Balouji’s publications here.


The power quality consultancy Unipower and Eneryield are now offering a new report for power quality analytics based on Ebrahim’s research. The machine learning based insights delivered in the report makes it possible for power utilities to improve the reliability and efficiency of their power systems.

27th September 2021

Say hi to Matilda!

Matilda Wikström is joining the team of Eneryield, and we couldn’t be more excited!

Matilda is originally from Piteå but moved to Gothenburg to study Physics at Chalmers University of Technology. Matilda recently graduated from the masters programme Complex Adaptive Systems.


During her studies she focused on development and optimisation of complex systems utilising for example machine learning and deep learning. Matilda is already acquainted with the startup environment as she conducted her master thesis at our friends 1928 Diagnostics, and worked at multiple scale-ups. In her free time you can find her at the crossfit gym or in the woods picking berries.


As we accelerate towards smarter analysis and control of power systems, Matilda will play a key-role in our continuous development and integration.


We would like you Chalmers Innovation Office for support!

10 March 2023

Eneryield initiates collaboration with Unipower

Eneryield is forming a collaboration with the power quality and smart grid specialistsUnipower. The purpose is to implement Eneryield’s machine learning methods for intelligent analytics of power quality in Unipower’s supervision system.


Eneryield’s technology, developed by the Chalmers University of Technology researchers Ebrahim Balouji and Karl Bäckström, are capable of automatically classifying and suggest the direction of disturbances with a very high accuracy. The brand new functionality of finding the root-cause of a disturbance will also be enabled, making it easier to decide who is responsible for it or to mitigate it.


Both parties add a unique contribution to the collaboration.


Unipower’s product line ranges from portable PQ analyzers to fully integrated and automated Power Quality Management systems for continuous supervision of the energy supply, used by leading power utilities and industry actors. They lead the market in Scandinavia and are present in more than 50 countries around the globe. Unipower is part of the Sdiptech technology group, which is listed on First North and has sales of approximately 1 billion SEK in total.



By being able to train and use Eneryield’s machine learning methods on the large amount of power quality data that Unipower has access to, both parties add a unique contribution to the collaboration. This combined strength creates opportunities to launch the next generation of data-driven and self-learning power quality supervision, which is necessary to accelerate the transformation towards a more electrified society.


Unipower will initially offer the functionality as a report that can be generated in their supervision system PQ Secure.

27th September 2021

Welcome Michelle!

Welcome to our summer intern Michelle Fransson!

Michelle is a student at the Intellectual Capital Management track at Chalmers School of Entrepreneurship. The coming month, she will work with IP strategy to strengthen Eneryield's control position even more. We are happy to have you in the team!


We would like to thank the Chalmers Innovation Office for the support. 

10 March 2023

Eneryield accepted to the Climate-KIC accelerator

Eneryield is selected to enter the Climate-KIC Nordic accelerator together with nine other amazing high impact startups!

This EU initiative enables us to further verify the impact our machine learning based methods could have on the climate and strengthens our vision of accelerating the transformation towards a more electrified society.

The other startups in the Spring 2020 batch of the accelerator are: Future Closets, GreenStock, Helios Innovations, Lupinta™, Manna Insect, Nature Preserve, Ocean Oasis, Snömoln and Tebrito

10 March 2023

Eneryield wins ABB Dragon’s Den

Eneryield wins a defined project funded by ABB and an additionally six-month aspirant membership with Synerleap.

During the HUB2019 conference ABB and Mälarenergi AB invited 19 finalists to compete in a dragon’s den where each company got to pitch either in front of a jury from ABB or Mälarenergi AB. Later two from each group were chosen to pitch during the dinner where the winner also was chosen. We at Eneryield feel humbled and cheerful to say that we ended up as one of the two winners and now look forward to conduct a collaborative project where we further prove our intelligent control of power electronic devices.


HUB2019 is a conference where the leading voices and decision-makers share their most important insights about a sustainable energy system and the global structural transformation that Swedish business is undergoing.


See ABB's Linkedin post

10 March 2023

Eneryield one of the startups receiving Vinnova: Innovative Startups

Vinnova Innovativa Startups is an offer aimed at companies that want to develop prototypes, develop business models, or create strategies to protect the company's solution.

This year 93 startup companies got to share SEK 28 million. An important focus are innovative startups focusing on tech and with the ability to contribute to UN’s sustainable development goals. Eneryield were one of the startups fulfilling these criteria and receives funding for a project that shall contribute to Eneryield's company building.


As an early stage company, Eneryield needs to verify its technology with potential customers, develop a first prototype and strengthen its control position by developing an IP strategy. The contribution from Vinnova will be to significant help to achieve such.


Read the full statement here


“Stödet gör det möjligt för unga företag med riskfyllda projekt att prova sina idéer och komma en bit på vägen att hitta en investerare, kund eller partner.”

– Emelie Falk, ansvarig för utlysningen på Vinnova. 

10 March 2023

Eneryield awarded Tänk:Om

Eneryield’s sustainable solution for increased energy efficiency caught Göteborgs Energi’s and the jury‘s interest.


“Self learning systems could be better at keeping the power quality and reduce the losses, and thereby help in reducing the climate impact from electricity.”

– The Tänk:Om jury

Tänk:Om is part of Göteborgs Energi’s extensive work on sustainability and environmental issues. Every year the stipend Tänk:Om is awarded to sustainable ideas, which contributes to the UN Sustainable Development Goals. This year, together with CarbonCloud and the podcast “Rösta med plånboken”, Eneryield was elected as a winner by the jury.

10 March 2023

Eneryield pitching at SWII in Zürich

Eneryield on the hunt for new collaborations when pitching at ABB Corporate Research Center in Zürich.


In the last days of September, Eneryield attended the SWII conference in Zürich, where the team got the opportunity to pitch their technology in front of a prominent audience. At the conference, Eneryield introduced their machine learning driven switching strategy for Active Power Filters. A method, which can predict power quality and in the extent conduct a more accurate and efficient compensation with zero delay.

10 March 2023

Eneryield wins Venture Cup

In tough competition with startups from all over Sweden, Eneryield was recognised by the jury.

Venture Cup is an annual competition for startups, and the 2019 edition was held in Gothenburg. The competition consists of five prize categories, namely Impact Maker, Game Changer, Best Traction, Student Superstart and Startup of the Year, where Eneryield was awarded the Impact Maker award. The jury agreed that Eneryield’s solution has huge potential, and could make a big impact from a sustainability perspective. Eneryield’s solution implies a reduction of carbon dioxide emissions as well as kWh consumed.

Johan at Eneryield pitching at Venture Cup.


10 March 2023

Eneryield supported by Västra Götalandsregionen

Eneryield is approved for a seed loan from Västra Götalandsregionen (VGR). The loan will help Eneryield to enhance their product development and speed up the process.

VGR offers co-financing to small and medium-sized companies (SMEs) who drive digitalization, innovations, globalization, research and renewal. VGR prioritize investments that are ecologically, socially and financially sustainable. Eneryield was elected for their sustainable potential, when benefitting the UN Sustainable Development Goal number 7: “Clean and affordable energy”. The loan granted will be helpful while continuing developing the company.

10 March 2023

Chalmers Ventures invests in Eneryield

Eneryield strengthens their position, when receiving the pre-seed investment and entering the acceleration program.


Chalmers Ventures shows good faith in Eneryield when granting the pre-seed investment. The support and resources provided by Chalmers Ventures will play an important role in the ongoing development of Eneryield. The collaboration between the parties has been strengthened, and the future outlook looks promising.

10 March 2023

Eneryield in Power Circle Summit finals

In tough competition, Eneryield was elected as one of five finalists at the Power Circle Summit held at Elfack in Gothenburg 2019.


The innovation race is a popular feature during the Power Circle Summit. The theme for this year's competition was Innovative solutions and business models that can be implemented in the energy system with direct effect. The five finalists have been selected through a screening process by a jury with representation from the Swedish Energy Agency, InnoEnergy & Ignite Sweden. Together with Eneryield the five finalists this year were Einride, Enjay, Mimbly and SurfCleaner. In total, 41 companies registered for this year's race.

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