Powerlys

Powerlys builds the dispatch decision layer for renewable and battery portfolios in European power markets. It is software that answers one question, every 15 minutes: how much of the portfolio to sell, how much to store, and how much to curtail.

The problem is structural and immediate. Mid-sized assets in the 5 to 50 MW band are losing their subsidy floor: in the Netherlands SDE++ becomes a two-way Contract for Difference from 2027, and curtailment-driven revenue loss rose 44 to 71 percent year on year in 2024. These operators now face the market directly. Today only the largest players make that decision well, because a dedicated quantitative desk used to be the price of entry. Roughly 300 to 400 operators sit in this band in the Netherlands alone.

How the engine works. A mixed-integer linear programming planner solves the day-ahead optimum across price, weather and asset constraints. A CVaR layer prices the tail explicitly instead of planning around an average, so the operator sets how much downside exposure to accept rather than discovering it after settlement. A reconciliation step measures plan against actual every hour and feeds the result into the next day. Four asset topologies run on one core: solar, wind, hybrid and standalone battery.

Evidence, and its honest limit. Over 109 days of real Dutch day-ahead prices and real TenneT per-PTU imbalance settlement, the optimiser produced 14.0 percent more revenue than a rule-based baseline, roughly EUR 257,000 per year on a single 15 MW site. Both price legs are real market data. Plant generation is still modelled, so this is a backtest rather than live trading, and it becomes live validation the moment a pilot site connects its telemetry. That limit is stated in every conversation, because it is what makes the number credible.

The method is published rather than kept closed: SSRN preprint, DOI 10.2139/ssrn.7147659. In this market the buying side does not trust a black box, so the mathematics is public and the defensibility sits in the decision-to-outcome record that accumulates in production every night.

Status. The system runs autonomously every night on live ENTSO-E and TenneT data, with 136 days of uninterrupted real market data behind it. The company is registered in Estonia, the founder is based in Istanbul, and the Netherlands is the first target market. Powerlys is pre-revenue: no paying customer and no signed pilot yet. An EIC Accelerator Step-1 application is under evaluation, with a result expected in mid-September 2026.

Team. Omer Bumin, Founder and CEO: three years on the commercial side of renewable energy development, then software and optimisation; built the engine and the production system solo. Mohit Misra, Co-founder and Advisor: former TenneT TSO strategist, MSc Electrical Power Engineering (Cum Laude) from TU Delft, twelve years in energy and commercial roles including DNV.

What we are looking for at ICTürkiye2026:

- Renewable and storage operators willing to host a shadow-mode pilot. Shadow mode runs alongside the existing setup, touches nothing in production, and produces a report measured on the operator's own data. The report belongs to the operator whether or not anything follows.

- Horizon Europe consortia in Cluster 5 with a demonstration site, where Powerlys contributes a ready dispatch and risk optimisation work package rather than leading the consortium.

- A Eurostars-3 partner in another Eurostars country for a bilateral SME project (CALL 12, deadline 4 March 2027; TÜBİTAK is the Turkish funding body).

- Cascade Funding (FSTP) calls in energy that are open to a single SME rather than requiring an existing consortium.

Contact: omer@powerlys.com | powerlys.com