R8 Technologies Joins smartEn to Advance Real Estate Energy Savings and Demand Response Capabilities Across Europe.

July 01, 2024

R8 Technologies, the leading provider of human-centric AI solutions, is proud to announce membership in smartEn. R8 Technologies has joined smartEn as an Executive Member to help more European real estate properties access AI-powered energy-saving and demand response capabilities.

SmartEn is the European business association integrating consumer-driven solutions for the clean energy transition. It aims to create opportunities for every company, building, and car to support an increasingly renewable energy system. R8 Technologies’ strategic outlook aligns strongly with smartEn’s mission of promoting system efficiency, empowering energy users, encouraging innovation and diversity, and decarbonizing the energy sector.

As the leading expert for real estate in the energy-saving sector, R8 Technologies will work closely with the organization and other European associations to form joint groups and collaborate with the European Commission. Together, we will contribute to crucial legislative pieces, including the new European network code for demand response and the EU regulations on data access and interoperability.

R8 Technologies Co-Founder and CEO on Joining smartEn

Siim Täkker, R8 Technologies Co-Founder and CEO, expresses the significant role of joining smartEn in shaping the future of real estate flexibility across Europe. He states, “We are excited to help more real estate properties leverage our knowledge and AI technology, not only supporting a wider adaptation of demand response but also making a substantial impact on legislative developments and digitalization efforts. This collaboration is a prime opportunity to contribute to European legislation, harmonizing flexibility markets and energy data availability across the countries, ensuring a more efficient and sustainable future.”

Our shared vision is to accelerate real estate access to energy flexibility markets, opening up new opportunities for countries to monetize demand response capabilities. This collaboration will empower more real estate properties across Europe to access grid flexibility, not only allowing customers to earn money but also to play a crucial role in balancing the grid, mitigating total grid costs, and supporting the integration of more renewable energy sources. This is a win-win situation for both the environment and the real estate industry.

R8 Technologies and smartEn cooperation to advance energy savings and demand response

“We are excited to welcome R8 Technologies to expand our smartEn community to northern European countries. Amongst other activities and solutions in the AI sector of this trailblazer Estonian company, R8 Demand Response fits with the purpose of smartEn to utilize the building’s power flexibility to balance the power grid. Together, we are committed to fostering a sustainable, low-carbon future by optimizing energy use,” says Michael Villa, smartEn Executive Director.

Through this collaboration, R8 Technologies and smartEn will accelerate the harmonization and interoperability of flexibility markets and energy data availability across Europe. This will enable more sustainable energy consumption and support the clean energy transition. This partnership will also foster innovation and drive the adoption of advanced AI solutions in the energy sector, enhancing overall system resilience and efficiency.

Read also: R8 Technologies Tests Solution That Could Secure the Baltic Region Against High Energy Prices

About R8 Technologies

R8 Technologies is the leading artificial intelligence (AI) technology company that manages 4 million m² of commercial real estate across Europe, including shopping malls, office and public buildings, hotels, etc. The company offers a human-centric AI-powered solution, R8 Digital Operator Jenny, that helps property owners and real estate managers achieve climate-neutral buildings by operating more efficiently, reducing energy costs and carbon footprint while providing the desired indoor climate comfort for user’s well-being.

R8 Technologies has over 200 clients with international real estate portfolios. Their clients and partners include Panasonic, NEPI Rockcastle, Citycon, Encevo, Radisson, Swedbank, EfTEN Capital, VÖLKEL Real Estate, CapMan, Rimi Baltic, AMF Fastigheter, Møller Eiendom, Ülemiste City incl. airport, Kapitel Group, Linstow Baltic and many more.

Read more: R8 Technologies 2023 in Summary & 2024 Outlook: AI Elevating the Sustainable Transformation of Real Estate Across the Globe

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