At the 11th Energy Strategy Summit, the flagship event of Energynomics, Ozan Korkmaz, Co-Founder of smartPulse, delivered a highly technical and practical insight into the evolving role of software in short-term power trading and battery optimization. Positioned at the intersection of data, algorithms, and clean energy, smartPulse is already active in 10 countries and manages over 25 GW of connected renewable capacity — including 800 MW of battery assets.
In his presentation, Korkmaz walked the audience through an intraday trading example. “Let’s take a snapshot of the market at time t… There’s a good arbitrage opportunity to buy at 4:00 a.m. and sell at 5:00 p.m. If I execute the trades, I make 620 euros for 4 MWh arbitrage. I didn’t add a cycle. I didn’t degrade the battery. I just made 620 euros without any cost in the battery.”
He continued with a real-time adjustment example: “There is a better arbitrage opportunity now. What I should do: first I should close the positions that I opened before and then open new positions. I have to do everything at the same time – so I have to sell what I bought at 4:00 a.m., I have to buy what I sold at 5:00 p.m., and then open the positions again for 3 and 7. I added 115 euros to my pocket without causing any cycles.”
This approach is enabled by smartPulse’s integrated system: “We have three modules – one is the EMS integrator; we integrate to EMS and control EMS. We have the optimization engine and we have the algo trader [automated, algorithm based trader]. We receive all the technical data from the battery, including the state of charge, and then our optimization engine says there’s a good arbitrage opportunity. Our auto trader dynamically orders those trades to the exchange – which is BRM in Romania since June.”
Things move quickly: “In milliseconds, things change. We don’t know if those orders will be trades, so we have to get the trade results back and send them to the optimization engine. If trades are executed, then I have a plan, and I have to send that plan to the battery.”
smartPulse’s platform covers the full spectrum of short-term markets. “That continuous intraday market was only one of all markets that you can play with. There’s day-ahead, intraday auctions, services markets… Maybe other markets are more profitable, but they have limited demand. At one moment, with a lot of batteries, the intraday market will become the main market – that is what we expect and what we see from Western European markets.”
DOWNLOAD THE PRESENTATION OF OZAN KORKMAZ
The company positions itself clearly: “We are not a trader. We are an independent software vendor. We offer this platform to aggregators, IPPs, traders… pure speculative traders are using us or aggregators with more than 100, maybe 200 renewable plants in their portfolios.”
smartPulse’s solution addresses use cases beyond batteries: “We cover all short-term trading use cases including position closing, flex asset trading like batteries, CCGTs, hydro-pumped storage etc.”
2025 Energy Strategy Summit was organised by Energynomics, with the support of our partners: AJ Brand, Elektra Renewable Support, ABB, Adrem Asset Management, Alive Capital, BCR, DEKRA, Distribuție Energie Electrică Romania, E-Infra, Eaton Electric, Electrica Furnizare, EnergoBit, Enery, Enevo Group, Enexus, European Investment Bank, Evryo, Exim Banca Romaneasca, Delgaz Grid, Genesis Biopartner, Huawei, ING Bank, Jantzen Renewables, Keno Energy, Leader Team, LONGi, Nano Energies, Prime Batteries Technology, Procesio, Procredit Bank, Relians, Renomia, Romgaz, Schneider Electric, script.ai, Sermatec, smartPulse, Solar Today, SolaX, Think Blu Solution, Voltika, Wiren, YEO, AIployees, Aqua Carpatica, Alexandrion, Carbon Tool, Imsol.