TotalEnergies taps three start-ups to accelerate electricity business
Published on: Dec 12, 2023
The company has also partnered with Time2plug to improve the deployment of EV charging solutions across France.
TotalEnergies has acquired three start-ups that have benefited from its TotalEnergies On acceleration program based at STATION F in Paris.
Dsflow, NASH Renewables, and Predictive Layer will contribute to the acceleration of the company’s development in the electricity business.
Through Dsflow, the mobility firm aims to provide its multi-site, electricity-intensive B2B customers with a Software-as-a-Service solution (SaaS). The system is set to pilot their assets in real time and optimize their procurement strategy.
TotalEnergies has also decided to integrate the software platform developed by NASH Renewables to optimize the design and operating parameters of its renewable projects.
By internalizing Predictive Layer's machine learning and artificial intelligence solutions, focused on energy price forecasting, the company aims to improve the performance of its trading operations.
On the other hand, TotalEnergies has purchased a 56% stake in Time2plug to facilitate and accelerate the deployment of EV charging points in France.
"All these solutions will enable us to improve our B2B offers; the development of our renewable projects; our market analyses; and the deployment of EV charging points,” said Stéphane Michel, President of Gas Renewables & Power at TotalEnergies.
Since its launch in May 2022, TotalEnergies On has already supported 19 start-ups during 2 six-month sessions.
