Josef Schenk

Co-founder (coo) at Balun Energy

Josef Schenk is a seasoned professional in operations and consulting, currently serving as the Co-Founder and COO at Balun Energy, where efforts focus on advancing renewable energy production forecasting since September 2023. Prior to this role, Josef held positions as Head of Operations at Wonderful Drinks and Associate at both Elysis GmbH and Boston Consulting Group from 2019 to 2022. Education credentials include a Master of Science in Computing and Information Technology from the University of St Andrews and a Mag. iur. in Rechtswissenschaften from the University of Vienna.

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Balun Energy

Renewables are necessary for the energy transition and are getting more popular. But, they also create new challenges. The weather is unpredictable and difficult to forecast. And if the production deviates from reality, producers have to pay a penalty. We help our customers improve their forecasting and avoid these costs. Balun uses advanced Machine Learning technology to provide asset-level forecasts for the next hour, day, or week. Production forecasting is the core tool to enable electricity management in a renewable world. Balun gives customers the necessary insights to improve their performance and help accelerate the energy transition. (Formerly known as Phileas)


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Headquarters

Vienna, Austria

Employees

1-10

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