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Pascal Braecke, Virtual-Power:

"Making energy cheaper by controlling it flexibly"

"Energy contracts are often contracts with set amounts. One supplier is cheaper than the other, but the principle is the same. Because we look at the prices of the energy market and can flexibly control the usage of a company, we are able to supply it more cheaply than others," says Pascal Braecke. Together with Joost Busschaert, expert in the energy market, he recently founded the company Virtual-Power.

Pascal himself is also active with Braecke Trading. This company functions as storage for frozen goods companies. "A lot of electricity is needed for this. I had been wondering for years if there wasn't a way to do it better and more cheaply. When I met Joost and we spoke, the ball really got rolling." 

Pascal indicates that they visit organisations and research how they can use energy more flexibly. "The more flexibility, the better the price. We tailor- make contracts and can offer a set discount for the long term. We also monitor and control the energy flows in the company through an intelligent system. In this way we can get the most out of the profile. If companies trust us and we can determine to what extent we control, it can offer huge advantages."

Energy efficient

Pascal explains that they supply green energy. "The current energy landscape is changing drastically. On the offer side the shares of renewable energy sources such as wind, sun, biomass etc are increasing. On the side of the demand we are finding more and more energy efficient application that can run on batteries or off the grid. We notice that, where the market used to be steered from demand side, this balance is moving more towards the side of the supply. We have to be able use a lot of sun and wind energy which is good for the eco system. If we can gain insight into the usage of companies, we can multiple or reduce the energy at the right times. When energy is cheap, we make sure that it is used, and when the price goes back off, it turns off too. Of course, the temperature has to be guaranteed for chilled and frozen storage, but we ensure this too."

Chilled and frozen storage
"At the moment we mainly serve chilled and frozen storage locations. Virtual-Power is also interesting for companies from the fruit and vegetable sector, as they often have to refrigerate. We also offer a worthwhile alternative solution to companies with their own solar panels, wind turbines or WKK installations." Virtual-Power is primarily active in Belgium, but will also be focusing on other European countries in the future.

New project
"Meanwhile we're working on a new application that works on batteries. We are doing a crowd funding lottery for this and will possibly be chosen as an innovative concept that can be sponsored."

For more information:
Oktrooiplein 1/201
9000 Gent
BE 0671.578.015

Publication date: 8/28/2017


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