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LUMA

Energy · Uppsala kommun, Sweden · Founded 2014

Luma Energy AB, established in 2021, operates within the Swedish energy sector, providing a specialized software platform for property owners to optimize their energy usage and costs. The company was founded by a team with diverse backgrounds in energy, technology, and business: Timmy Öhman, who previously co-founded and served as CEO of the solar energy company Svea Solar; Patrik Lindqvist; Fredrik Cederlöf; Oliver Åstrand; and Linus Werner. Their collective experience in the renewable energy market, particularly solar installations, informed the creation of Luma's core offering. The business centers on the LUMA portal, an independent software platform designed to manage and optimize distributed energy resources. This system integrates solar panels, energy storage batteries, and electric vehicle charging infrastructure, allowing properties to function as active participants in the energy market. By consolidating these assets, the platform aims to reduce electricity costs for property owners and their tenants. The business model is rooted in enabling property owners to not only consume but also manage and sell surplus energy, thereby creating new revenue streams. For instance, the system allows for the sale of stored solar energy back to the grid during peak price hours, a practice known as electricity arbitration. Luma's service is targeted at real estate companies, housing associations, and other property owners looking to decrease their energy expenses and enhance their environmental credentials through green certifications. The platform provides tools for monitoring energy production and consumption in real-time, forecasting electricity prices, and automating energy trading to maximize profitability. One of the key benefits for clients is the ability to navigate the volatile energy market effectively, turning their properties into profitable, self-sufficient energy hubs. Luma Energy has secured partnerships and initiated projects with several real estate firms in Sweden, including Atrium Ljungberg, demonstrating market traction for its energy optimization solution. Keywords: energy optimization, property technology, SaaS, renewable energy management, energy storage, smart grid, EV charging infrastructure, electricity trading, cleantech, B2B