Powel Inc
- Company typePrivate
- Founded1996
- HeadquartersTrondheim, Norway
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
Powel Inc firmographics
Firmographics- Name
- Powel Inc
- Website
- https://powel.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Powel Inc industry classification
Industry- Product category
- Energy Market Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- DERMS & Distributed Grid Orchestration (DER Integration within ADMS) (EUADAEAF)
- akta.pro secondary industries
- Non-Wires Alternatives (NWA) & DER as Grid Capacity (Capacity Deferral) (EUADALAJ), Substation Automation & Digital Substations (IEC 61850) Integration Services (EUAEANAD)
Keywords
Where Powel Inc is headquartered
LocationHeadquarters
- HQ city
- Trondheim
- HQ country
- Norway
- HQ region
- Europe
Markets served
Powel Inc business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Enterprise Software Licenses/SaaS: Modular solutions available as enterprise software or as a service (SaaS model) for energy market operations including data, forecasting, trading, optimization, asset operations, and distribution.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Powel Inc product offering
Product offeringCore offering
Powel provides a modular Power Solutions Suite of enterprise software for the energy sector, covering energy market data and forecasting (including SpotEx15 price forecasts and ECMWF wind power forecasts), AI-powered automated multi-market energy trading, portfolio optimization and planning, real-time asset operations, and distribution grid management for Distribution System Operators (DSOs). Solutions are delivered as enterprise software or SaaS to European utilities, energy traders, generators, and DSOs.
Product overview
Volue offers a modular platform suite called the Power Solutions Suite, comprising five core product modules: Data & Forecasts (energy market insights including SpotEx15 price forecasting and weather-driven fundamentals), Trading (AI-powered automated multi-market energy trading platform), Optimization & Planning (portfolio planning for market value maximization), Asset Operations (real-time asset value insights with automated market intelligence), and Distribution (comprehensive DSO support for grid planning and operations). These solutions are available as enterprise software or as a service, designed for electrification journey needs with scalability, security, and proven ROI.
Differentiator
Problem solved
Functional benefit
Products and services
- Data & Forecasts Energy market data and short-term forecasting product providing actionable insights for utilities and energy traders. Includes SpotEx15 price forecasts and weather-driven fundamentals such as ECMWF wind power hourly forecasts, used for energy market decision support.
- Trading AI-powered automated platform for multi-market energy trading with battle-proven automation for smart, controlled intraday execution, designed for energy traders and utilities managing energy positions across markets.
- Optimization & Planning Portfolio optimization and planning software for energy producers and utilities seeking to maximize market value and align production portfolios with energy market dynamics.
- Asset Operations Real-time asset operations software providing insights and automated energy market intelligence to drive asset value for energy operators and asset managers.
- Distribution Distribution grid management software supporting Distribution System Operators (DSOs) in planning, operating, and optimizing energy distribution grids.
Companies that use Powel Inc
Customer profileNamed customers14 records
Segments1 record
Ideal customer profiles2 records
Powel Inc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
Powel Inc partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights5 records
Powel Inc competitors and assessment
Company assessmentDirect peers
- Bentley Systems (OpenUtilities / Power Line Systems): Offers utility network modeling, grid planning, and asset performance software that overlaps with Powel/Volue's Distribution and Asset Operations modules, particularly for transmission and distribution planning.
- Siemens Smart Infrastructure: Offers energy management, grid control, and DERMS software for utilities and DSOs, directly overlapping with Powel/Volue's Distribution and Asset Operations modules and competing for the same European utility RFPs.
- Itron: Provides utility analytics, smart grid, and distributed energy management software to electricity and water utilities, competing for grid-edge and distribution software spend.
- GE Vernova (GridOS / Grid Solutions): Competes in utility-grade ADMS, DERMS, and grid orchestration software, serving many of the same tier-1 European utilities that anchor Powel/Volue's customer base.
- Hitachi Energy: Supplies grid automation, ADMS, and energy management solutions to European utilities, with strong overlap to Powel/Volue's Distribution and grid orchestration product lines.
- KISTERS: European software vendor for energy data management, forecasting, and trading — directly comparable to Powel/Volue's Data & Forecasts and Trading modules, with a similar mid-market European utility footprint.
- ABB (e-Mesh / Ability Network Manager): Provides ADMS, microgrid and DER management software to utilities globally, with direct overlap to Powel/Volue's distribution grid and energy management capabilities.
- Energy Exemplar (PLEXOS / MarketView): Provides energy market simulation, forecasting, and optimization software used by utilities and traders, directly comparable to Powel/Volue's Optimization & Planning and Data & Forecasts modules.
Emerging players
- Uplight: Cloud-native energy management and customer engagement platform serving utilities. Represents a newer, more specialized entrant adjacent to Powel/Volue's distribution and asset-side offerings, with potential to encroach on DSO and retail energy software spend.
Broad incumbents
- Schneider Electric (EcoStruxure Grid Operation): Provides ADMS, DERMS, and energy management software as part of a broader digital energy portfolio. Competes head-to-head in grid management while also offering hardware and broader OT that Powel/Volue does not.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Powel Inc social profiles
Digital presencePowel Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Powel Inc leadership team
Management profileNumber of profiles
Powel Inc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Powel Inc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Powel Inc
What does Powel Inc do?
Powel provides a modular Power Solutions Suite of enterprise software for the energy sector, covering energy market data and forecasting (including SpotEx15 price forecasts and ECMWF wind power forecasts), AI-powered automated multi-market energy trading, portfolio optimization and planning, real-time asset operations, and distribution grid management for Distribution System Operators (DSOs). Solutions are delivered as enterprise software or SaaS to European utilities, energy traders, generators, and DSOs.
When was Powel Inc founded?
Powel Inc was founded in 1996. It employs 501 to 1,000 people.
Where is Powel Inc based?
Powel Inc is headquartered in Trondheim, Norway, in the Europe region.
How does Powel Inc make money?
One revenue line is on record: enterprise Software Licenses/SaaS.
Who are Powel Inc's main competitors?
Direct peers on record are Bentley Systems (OpenUtilities / Power Line Systems), Siemens Smart Infrastructure, Itron, GE Vernova (GridOS / Grid Solutions), Hitachi Energy, KISTERS, ABB (e-Mesh / Ability Network Manager) and Energy Exemplar (PLEXOS / MarketView). Uplight is listed as an emerging player. Schneider Electric (EcoStruxure Grid Operation) is listed as a broad incumbent.
Does Powel Inc have an API?
No public API is recorded for Powel Inc.
What industry is Powel Inc in?
Powel Inc's product category is Energy Market Software. Its primary akta.pro industry code is EUADAEAF, DERMS & Distributed Grid Orchestration (DER Integration within ADMS), with a secondary code of EUADALAJ, Non-Wires Alternatives (NWA) & DER as Grid Capacity (Capacity Deferral). Its NAICS code is 5182 and its SIC code is 7373.