ENERGYNEST
Renewable Energy Equipment ManufacturingAkershus, Norway11-50 Employees
ENERGYNEST operates in renewable energy equipment manufacturing and focuses on electrifying industrial process heat through a combination of power-to-heat, thermal energy storage, and continuous energy market optimization. Its objective is to enable industrial customers to heat processes at or below natural gas costs without adding operational or financial risk. The approach delivers heat only when electricity is cheaper than gas, typically yielding 30-70% electrification of heat demand, about 50% lower fuel costs, a stable 24/7 heat supply, and reduced exposure to fuel price volatility and CO2 costs. The company offers deployment options including Heat-as-a-Service or turnkey EPC. The company is based in Billingstad, Akershus, Norway, and serves industrial heat users with annual demand typically exceeding 5 GWh and with adequate grid capacity (around 1 MW per 5 GWh). In March 2025, ENERGYNEST signed a commercial agreement with LEONHARD KURZ to implement a power-to-heat system with thermal storage.
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