TTTech and VERBUND launch joint venture for real-time energy management

20.01.2025

Source: VERBUND AG

The high-tech specialist TTTech and Austria's largest energy supplier VERBUND have launched the strategic joint venture TTTech ZYNE.

The aim is to offer an innovative platform for real-time energy management from mid-2025. The solution combines state-of-the-art technologies with in-depth market knowledge and is aimed at industrial companies, energy suppliers and municipal utilities.

The platform enables intelligent control of energy production, storage and consumption and helps companies to reduce costs, increase efficiency and respond flexibly to the challenges of the volatile energy market. The focus is on real-time data in order to dynamically adapt energy flows and implement new business models such as flexible tariff structures.

Michael Strugl, CEO of VERBUND, sees the partnership as an important step:
"This cooperation is central to our strategy of driving forward the energy transformation and expanding our position as a leading provider of intelligent energy management solutions."

Georg Kopetz, CEO and co-founder of TTTech, also emphasizes the importance of the project:
"With TTTech ZYNE, we offer a state-of-the-art solution that makes optimal use of renewable energy and helps companies to operate more efficiently and sustainably."

TTTech ZYNE will celebrate its first product launch in May 2025 at The smarter E Europe in Munich. Further details about the platform and the first customer results will be presented at E-World Energy & Water in Essen in February 2025.

Further information can be found at: TTTech and VERBUND launch strategic joint venture