Amber Energy Trading
Automated Energy Solutions for Businesses
Amber Energy Trading is pioneering an automated, online platform for commercial energy-switching, supplier risk management, direct renewable energy sales, and grid services trading in the UK, with potential for global deployment. This platform simplifies complex processes into user-friendly interfaces for businesses, offering a unique market for renewable energy projects to sell power directly, enhancing margins for Power Purchase Agreements (PPAs).
Machine Learning and
Utilising machine learning AI, Amber Energy Trading automates services traditionally done manually by engineers and brokers. This innovation streamlines supplier risk management, maximises margins, and contributes to reducing the carbon intensity on the grid. It taps into a market worth over £5.1 billion annually, offering significant revenue potential.
Approved by Industry Leaders
With approval from major energy and engineering companies like EDF, Centrica, and Siemens Business Partner, Amber Energy Trading will offer independent meter reading, settlement services, bill validation, and revenue recovery. It also provides high-value test data for insights into network usage.
Simplifying Complex Processes for Users
The platform is designed to abstract complex energy processes into simple switching procedures for industrial and commercial consumers. It serves as a comprehensive risk management tool for suppliers and a new sales channel for developers in solar, wind, and battery sectors. This free, simple, and transparent service aims to save businesses money and provide a premium sales channel for energy companies.
Aspiring to be the 'Uber of Energy
Amber Energy Trading aspires to leverage existing infrastructure to generate revenues from grid services, aiming to capture a share of the growing £2.5 billion UK market. This innovative approach positions it as a game-changer in the energy sector.
Expansion to the US Market
The platform’s development is also being tailored for the US market, demonstrating Amber Energy Trading’s commitment to broadening its impact and reach in the global energy landscape.