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Ensek (UK) & NrgFin (Flanders) work on smart energy

According to British software firm Ensek, the classic setup where energy suppliers ask for monthly contributions and manually check electricity and gas meters at consumers’ homes every few years is out of date. To help turn the tide, Ensek has now established its first-ever partnership with a European company: tech firm NrgFin from Beringen (Flanders).  

Female programer

Analyze and predict energy consumption

Established in 2014, NrgFin is still a relatively young company, but it has been growing rapidly. Today, it relies on a small but strong team of 12 experts and generated 1.9 million in turnover in 2019, which earned the tech company a place in last year’s edition of Deloitte’s Technology Fast 50.  

“We combine our knowledge of the energy market with big data: by collecting all possible information about the consumption of customers, we can look into the past and the future,” says NrgFin managing director Ilse Melotte. “Our technology makes it possible to rapidly analyze how much energy a customer has consumed during a given timeframe in the past, so that energy companies can draw up correct invoices. We can also predict how much the customer will need in the future. Thanks to these insights, energy companies can buy and sell energy in a very targeted way.”  

Potential for growth

For British firm Ensek, headquartered in Nottingham, the recently established collaboration with NrgFin is its first partnership on the European mainland. “The growth potential manifests itself in two ways,” explains Gunter Walmagh, director of Business Development at Ensek Benelux.  

“On the one hand, we are launching new products. On the other, Ensek Benelux seeks to expand its local customer portfolio. Just a few months ago, we moved into a new HQ office in Beringen, Flanders. This location – which is situated in the heart of the Euroregion – will enable us to continue growing internationally in the long term.”

More info

Reported by
Website Het Laatste Nieuws
3 July 2020

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