Uprise Wins “Hrvoje Požar” Award for Energy Innovation with STORM Platform
Presented at the 31st annual awards ceremony of the “Hrvoje Požar” Foundation of the Croatian Energy Society (Hrvatsko energetsko društvo, HED), the award recognizes the platform and the engineering team behind its development.
Named after Hrvoje Požar, one of the founders of modern Croatian energy science, the Foundation’s awards honor individuals and organizations for their contributions to research, education and innovation in the energy sector.
For Uprise, a Croatian think tank and technology company, the award recognizes its approach to connecting analysis of energy markets, regulation and technology with practical product development. STORM (Storage Optimization and Resource Management) translates this expertise into software for energy storage management and electricity trading.
STORM: smarter energy storage and trading
STORM brings together three capabilities: real-time management and optimization of battery energy storage systems (BESS), automated algorithmic trading on day-ahead and intraday electricity markets, and BESS feasibility and sizing studies to support investment decisions.
As renewable generation grows, battery storage plays an increasingly important role in balancing electricity supply and demand. STORM determines when a battery should charge, discharge or remain idle, taking into account market opportunities, grid conditions and the long-term health of the asset.
The platform is designed to help storage owners increase revenues, improve renewable energy utilization and support a more flexible, resilient power system. Its feasibility and sizing studies also help investors and operators assess potential projects before installation.
Developed entirely by Uprise’s engineering team in Croatia, STORM is already in commercial operation, putting the company’s research and engineering expertise into practice.
Recognition for the whole team
“This award belongs to the engineers who built STORM — the people who turned a complex problem in energy trading and storage optimization into a product that works, every hour of every day,” said Dino Mileta, managing director of Uprise. “We are honored that the ‘Hrvoje Požar’ Foundation recognized this work, and we see it as a confirmation that Croatian engineering can lead in one of the most important transitions of our time.”
Uprise plans to continue developing STORM and expand its reach to new markets and additional types of flexible energy assets, working with partners across Croatia and the wider region.
About Uprise
Uprise d.o.o. is a Croatian think tank and technology company focused on the energy sector. It combines independent analysis of energy markets, regulation and technology with in-house software development. Its flagship platform, STORM, provides battery storage management, algorithmic electricity trading and BESS feasibility and sizing studies for storage owners, operators and investors.
More information is available at stormenergytrading.com and uprise.hr.