Fundraising Fox

Electricity Maps

2 known investors

Find your way into Electricity Maps

176 people in our graph share verified history with the Electricity Maps team — schools, employers, funds. One of them is your warm intro.

Chris Porsgaardunlockedknows Olivier Corradi · together at DTU - Technical University of Denmark (overlapped)
×4knows the team · via CentraleSupélec
×7knows the team · via DTU - Technical University of Denmark

Electricity Maps offers GridCast, a forecasting engine for European power markets that predicts day-ahead prices, electricity generation mix, load, and cross-border flows across the grid. The forecasts are delivered via an API at 15-minute granularity and are aimed at power market professionals such as traders.

Also known as Electricity Map · electricitymaps

Founders & leadership

OCOlivier Corradi
Olivier CorradiinFounder & CEOThe company provides forecasting software for European power markets aimed at traders and market professionals.

Investors · 2

Also in the syndicate · 1

Robin Dechant

Company profile

researched Aug 2026

Electricity Maps is an electricity data platform that combines historical data, live grid signals and forecasts for sustainability and power-market use cases. It aggregates real-time electricity production data for more than 50 countries, drawing on public, free and official sources such as government bodies and transmission system operators, and standardizes them through dozens of parsers built by employees and community contributors. A proprietary flow-tracing algorithm attributes the physical origin of consumed electricity across cross-border exchanges, enabling consumption-based carbon intensity figures (gCO2eq/kWh) rather than production-based ones. Emission factors cover the full life cycle of generation assets, and the underlying sources are published so that methods can be revised as new peer-reviewed research appears.

The company distributes data through a free interactive web and mobile map, which allows switching between layers, production and consumption views, geographic zones and time granularities (including 15-minute resolution), and through a commercial API and downloadable datasets. API capabilities include live and historical carbon intensity, live and historical power production and consumption breakdowns, carbon intensity forecasts, power production and consumption forecasts, and a list of covered zones; a third-party independent-publisher connector exposes these operations inside Microsoft Power Automate, Power Apps, Logic Apps and Copilot Studio. Machine learning models are used to generate 24-hour forecasts.

Alongside sustainability data, Electricity Maps markets price and grid fundamentals forecasts for energy market professionals, positioning solutions for energy trading desks and analysts, battery and storage (BESS) arbitrage optimization, data centers and IT emissions monitoring, utilities and industry production planning, energy management, and carbon accounting platforms and consultants.

Founding story

In early 2016 founder and CEO Olivier Corradi, a French and Danish entrepreneur and data scientist who had previously worked at voice assistant startup Snips, became interested in whether press claims that Denmark ran on 100% renewable energy for a day were accurate and how many hours such conditions actually lasted. Because wind and solar output fluctuates, he saw a need for transparency about the real-time carbon footprint of electricity, and because such figures would be scrutinized by many parties, he pursued a collaborative, open and transparent approach. The project launched in June 2016 as an open source real-time data visualization.

Business model

Electricity Maps operates a freemium data business: a free public interactive map and an open source parser repository build reach and methodological consensus, while commercial revenue comes from enterprise access to the same underlying data through a paid API, downloadable historical datasets, and forecast products. Prospective customers are directed to request a free trial, create an account, or contact sales. The company was described as profitable for a few years before raising external capital in 2024.

Revenue comes from commercial subscriptions to the Electricity Maps API and datasets, priced per subscribed product, with free trials offered; the interactive map remains free. The company reported being profitable for several years before its 2024 raise.

Traction

As of May 2024 the company had 20 employees, had been profitable for a few years, served millions of API requests and counted Google and Samsung among its customers. The open source parser repository has approximately 4,000 stars and 1,100 forks with 6,857 commits, and the map is available on the web, Google Play and the App Store. The company states it has worked with sustainability and energy professionals for 10 years and lists 6 open roles.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Electricity Maps positions itself as a comprehensive, granular electricity data platform for decarbonization, serving both sustainability teams and power-market professionals. It counts Google and Samsung among its clients, serves millions of API requests, and its open source parser repository has around 4,000 GitHub stars, indicating substantial community adoption.

The company's distinguishing elements are its flow-tracing algorithm, which traces electricity across borders to attribute consumption-based rather than production-based emissions; its open, transparent methodology, with published emission-factor sources and community review of parsers and calculation changes via a public repository; life-cycle-based emission factors; and the combination of a widely used free visualization with a commercial API covering history, live signals and forecasts in a single platform.

Technology

The platform ingests raw data from public, free and official sources (governments, TSOs, producers and open-data platforms) via a large collection of open source parsers maintained in the electricitymaps-contrib repository under AGPL-3.0 (with earlier contributions under MIT). On top of this sit a flow-tracing algorithm that determines the physical origin of consumed electricity across interconnected grids, estimation models, and a machine-learning forecast engine producing 24-hour-ahead forecasts. Carbon intensity is expressed in gCO2eq/kWh using life-cycle emission factors covering plant construction, fuel production, operation and decommissioning. Outputs are exposed through a REST API (health check, zones, live/historical carbon intensity, live/historical power breakdown, carbon intensity and power production/consumption forecasts), a data portal for historical datasets, and a map application supporting granularities down to 15 minutes.

Go-to-market

Distribution combines a free interactive map and mobile apps (Google Play and the App Store) plus an open source parser repository that builds a contributor and user community, with direct enterprise sales: the site offers "talk to sales," account creation and free API trials. Availability of a third-party connector within Microsoft's Power Platform and Logic Apps provides an additional integration channel.

Sustainability and energy professionals across energy trading desks and analysts, battery and storage (BESS) operators, data center and IT organizations, utilities and industrial firms, energy management providers, and carbon accounting platforms and consultants. Named enterprise clients include Google, which uses the data for data center load shifting and customer carbon reporting, and Samsung, which surfaces device electricity usage and carbon footprint to users.

Geography

Electricity Maps aggregates real-time electricity production data for more than 50 countries and offers global map coverage broken into zones, with country-level and sub-country zone granularity. Its forecast products for power markets address European electricity markets, and its customer base includes global enterprises.

History

Olivier Corradi started the project in early 2016 and released it in June 2016 as an open source real-time electricity data visualization. It subsequently grew into a commercial data platform serving millions of API requests and enterprise customers including Google and Samsung. A community-maintained parser repository (electricitymaps-contrib) has accumulated roughly 4,000 GitHub stars and 1,100 forks; the map frontend, once open source, was rewritten and moved onto the company's own platform. In May 2024, with 20 employees and several years of profitability, the company announced a $5.4 million (€5 million) round from Transition and Revent. By 2025 the company described itself as having worked with sustainability and energy professionals for 10 years and had expanded into grid and price forecasting for power markets.

Risks & controversies

Data accuracy depends on third-party public sources from governments, TSOs and open-data platforms, and on estimation models where measured data is unavailable; the API explicitly flags estimated values and estimation methods. Emission-factor methodology is subject to revision as new peer-reviewed research emerges, so published carbon intensity figures can change over time.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries covered for real-time electricity production dataMay 202450
EmployeesMay 202420 people
GitHub forks (electricitymaps-contrib)Jan 20251,100 forks
GitHub stars (electricitymaps-contrib)Jan 20254,000 stars
Open roles listedJan 20256 roles

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
May 2024
Electricity Maps raises $5.4M from Transition and Revent

The company disclosed a $5.4 million (€5 million) funding round from Transition and Revent, intended to invest in product and business growth. At the time it employed 20 people and had been profitable for a few years.

$5.4M source ↗

May 2024
Partnership with Google on data center carbon intensity

Google, described as one of Electricity Maps' most important clients, partnered with the company to calculate the carbon intensity of the electricity powering its data centers, supporting load shifting and customer carbon reporting.

source ↗

Jun 2016
Launch of open source real-time electricity data visualization

Electricity Maps started as an open source real-time data visualization in June 2016, later developing into a data platform.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Electricity Maps do?
Electricity data platform providing live, historical and forecast grid carbon intensity, power mix and price data via a free map and enterprise API.
Who founded Electricity Maps?
Electricity Maps was founded by Olivier Corradi.
Who are Electricity Maps's investors?
Electricity Maps's investors include BLN Capital.