Enreport

Enreport is a Finnish energy management software company that builds forecasting and optimisation tools for industrial and commercial energy consumers as well as for generation and distribution companies. Its forecasting models combine AI-driven digital twins of equipment, customer production plans, and real-time weather data — temperature, wind speed, irradiance, humidity and cloud cover — to predict energy consumption and align it with actual demand, with the stated aim of avoiding penalties caused by inaccurate forecasts. The product covers short-term forecasting for equipment readiness as well as day-ahead and intraday volume forecasting, consolidating market and energy contract data for market engagement.

The platform is positioned as a faster alternative to conventional energy management systems, which the company describes as taking on average 1.5 years, hundreds of thousands of euros and four or more engineers to deploy. Enreport instead offers a drag-and-drop interface with pre-built physical models for equipment types, allowing customers to assemble a production process scheme in hours, after which an AI engine calibrates the models against historical data. Once configured, the toolkit lets companies forecast consumption and costs, compare the energy efficiency of individual pieces of equipment via digital twins, identify cost-minimising changes to workflows, and simulate the effect of purchasing new equipment.

A second module, the Enreport marketplace, lets users visualise and simulate an energy setup using equipment types such as solar panels, battery storage, heat pumps, wind turbines and boilers. Combining uploaded consumption data, energy contract data and real-time weather and geo data, it calculates renewable energy options, produces simulated results and recommendations, connects users with equipment vendors, supports creation of energy contracts including PPAs and Energy-as-a-Service arrangements, and then integrates installed equipment back into the platform for ongoing operation and performance tracking.

Founding story

Co-founder and CEO Dmitry Novikov and co-founder Dmitry Chekhunov grew up in the same town in Yakutia in the Russian Far East and have known each other far longer than the 12-plus years the core team has worked together. Having completed over 100 energy efficiency projects and observed energy problems that could be addressed in multiple ways, they combined that experience with their team's technical know-how to start Enreport. The project was sponsored for a start-up visa by Business Finland in 2021, after which the team joined the University of Helsinki's Compass pre-incubator and NEXUS incubator to develop the venture.

Business model

Enreport sells energy management and forecasting software to commercial and industrial energy users and to generation and distribution companies, delivered either as a cloud-based service or as an on-premises deployment. Users sign up through the company's web platform, configure their production process from a library of prepared equipment models, and use the resulting forecasts and simulations; an associated marketplace layer additionally connects users to equipment vendors and to energy contracting options such as Power Purchase Agreements and Energy-as-a-Service providers.

Software sold to businesses in cloud-based or on-premises form, with an associated marketplace that facilitates equipment vendor connections and energy contracting such as Power Purchase Agreements and Energy-as-a-Service.

Traction

The company reported a seven-person team built around five core co-founders, with a released energy management platform and early proof-of-concept cases conducted with heavy industry, power companies and retail; at the close of the NEXUS programme it was seeking additional clients and PoC opportunities. A European startup directory lists no announced funding.