High energy prices are putting unprecedented pressure on European industry, with costs far exceeding those in the US and China. At the same time, electrification and renewable energy are increasing price volatility and straining the grid, making efficient energy management both more difficult and more critical. Companies face a strategic dilemma: long-term contracts offer stability but lock in high prices, while direct market participation promises savings yet remains complex and risky without advanced capabilities.

Elenir develops an intelligent platform that automates the operation of industrial energy assets, deciding when to buy, sell, store, or use energy while respecting technical and safety constraints. By anticipating multiple future scenarios, the system reduces costs, limits risks, and unlocks new revenue from flexibility, for example by treating district heating storage as a virtual battery. Combining ETH research with practical engineering, Elenir integrates heat and electricity systems, forecasting, and decision-making under uncertainty into a single solution, enabling industries to operate more efficiently and remain competitive in an increasingly volatile energy landscape.