Rebase Energy

About Rebase Energy

Rebase Energy is a Swedish software company developing an open, collaborative platform for energy modeling to optimize distributed energy systems. Founded in 2018 by Sebastian Haglund El Gaidi and Mihai Chiru, the company provides data and tools for energy stakeholders. The founding hypothesis emerged from CEO Sebastian Haglund El Gaidi's prior experience in power trading, where he identified a need for better data utilization in managing the increasingly complex and weather-dependent power grid. CTO Mihai Chiru brings over a decade of experience as an IT and data science consultant in the energy industry.

The company's core offering is a Python-first platform that enhances the productivity and performance of energy forecasting and simulation. It is composed of two main products: the Rebase Datahub and the Rebase Toolkit. The Datahub is an API that provides AI-ready weather, asset, and market data tailored for the energy sector. The Toolkit allows users to quickly develop, backtest, and deploy machine learning algorithms for energy forecasting at scale. This modular, API-first approach enables clients to use only the components they need.

Rebase Energy serves a variety of clients including energy traders, distributed energy resource (DER) management companies, aggregators, and district heating operators. These clients use the platform to create detailed power forecasts, reduce imbalance costs, and increase the profitability of distributed assets like wind and solar farms. The business model is platform-as-a-service (PaaS), generating recurring revenue through tiered subscription plans that vary by API request volume and features. As of June 2022, the company was in the process of fundraising a seed round to accelerate growth.