Nokia has introduced Enscryb, a digital twin platform set to revolutionize the energy sector. This new initiative aims to address market volatility, rising demand, and the shift towards renewable energy. Collaborating with NODES, an energy trading company, Enscryb has already partnered with Nanuq, a charging infrastructure provider, and Smartecon, a renewable energy leader.
Enscryb offers innovative solutions for real-time energy flexibility and digital simulations of electric systems, regardless of size or complexity. It focuses not only on traditional energy sources but also on battery storage and solar hybrids. Through these capabilities, Enscryb enhances financial modeling and sustainability for renewable projects by integrating data from various sources.
Chris D. Jones, Vice President for Strategic Partnerships at Nokia, expressed excitement, stating, “Enscryb is the latest proof-point that our venture incubator is finding new ways to commercialize Nokia Bell Labs technology.”
This platform stems from Nokia Bell Labs and represents another step in Nokia’s ongoing commitment to sustainability. By supporting grid resiliency and energy cost reduction, it plays a role in transitioning to Net Zero.
NODES contributes to this process by enabling flexibility trading and supporting distributed energy resources. According to Svein Jørgen Sønning, Head of Technology at NODES, “Enscryb’s ability to optimize DERs investment decisions and operations by using real-time orchestration and advanced value stack strategies complement NODES’ market design.”
Nanuq assists industrial clients in electrifying fleets, aiming for efficient operations with local generation and charge points. Meanwhile, Smartecon focuses on utility-scale projects and helps deliver energy systems from concept to grid connection.
Hannes Aus, Chief Development Officer and Co-Founder at Smartecon, emphasized the collaboration’s benefits, stating, “Enscryb complements our approach by turning market and infrastructure data into actionable insights.”