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Vera Phipps of NRGsurf on AI, Behavioural Energy Economics and the Future of Distributed Energy

  • Apr 9
  • 12 min read

Interview by Dmytro Nechyporenko, Founder of the nech 


In this interview for the nech, I spoke with Vera Phipps of NRGsurf about a part of the energy sector that is moving from niche to strategic relevance: AI-driven energy management, behavioural energy economics, solar curtailment, distributed energy systems, and the growing connection between renewable power and compute infrastructure. Our conversation explored how NRGsurf was built, what makes its model different, how the company evaluates new markets, why the United States has become a strategic priority, and why the next phase of the energy transition will depend not only on generation assets, but also on smarter orchestration of demand, behaviour, and infrastructure. 


Vera Phipps, NRGsurf
Vera Phipps, NRGsurf

Vera Phipps brings a perspective that is unusually well suited to this moment in the market. Her background spans finance, investments, entrepreneurship, startup development, and financial leadership in California. Over time, her long standing interest in renewables evolved into direct involvement in energy innovation, where she is now helping scale NRGsurf into new markets. That combination of financial discipline, business model thinking, and openness to innovation gives her a valuable lens on where distributed energy is heading. 


From PhD Research to an AI-Based Energy Platform 


One of the most interesting parts of NRGSURF’s story is that it did not begin as a conventional startup built around a market trend. It began with research. Vera explained that the platform grew out of the doctoral and post-doctoral research of her co-founder Valeriya, whose work in Austria focused on behavioural energy economics and was developed in the framework of Horizon Europe funded R&D project. The algorithm at NRGsurf's core is a direct output of that research. Valeriya's original question was how to study and influence the energy consumption decisions of households: when they draw from solar versus the grid, and what mix of pricing, incentives, and behavioural nudges actually changes those decisions at scale.


That foundation matters because it defines how NRGsurf thinks about value creation. Rather than treating energy consumption as a purely technical or price driven issue, the company started with a more nuanced observation: people do not all respond to the same signals in the same way. Consumption is shaped by incentives, habits, context, and psychology. 


As Vera put it, “The algorithm does not depend only on price or weather. It includes demographic and behavioural principles, and it constantly fine-tunes itself.” 


NRGsurf Logo

That insight has become the basis of an AI-driven energy management platform that continuously learns what works and what does not. In simple terms, NRGsurf is not only trying to optimize dispatch and increase consumption of renewable power. It is also trying to understand what will actually motivate users to change behaviour. The art is knowing when to automate and when a behavioral intervention works better.

What NRGsurf Does in Practice 


At its core, NRGSURF is an AI-based energy management platform for energy communities. It helps manage how electricity is consumed across local systems where solar generation, grid supply, and different types of users must be balanced more intelligently. 


Austria became a natural early market because the rollout of smart meters created the right technical environment for deployment. That allowed NRGsurf to create a software layer helping energy communities better coordinate consumption and output. 

The business became more commercially compelling when the team chose to focus on a broader market inefficiency: the vast amounts of solar energy being curtailed every day with nowhere to go.


“NRGsurf looked at the market and realised that a lot of solar energy was going nowhere,” Vera said. “There is so much electricity we need, and yet so much solar is curtailed.” 

That insight led the company to evolve from pure optimisation toward monetisation. Instead of allowing excess solar generation to be wasted, NRGsurf began routing it into revenue-producing use cases. 


In Europe, one of the main applications has been EV charging. Vera described the current proposition clearly: “It is an AI-based energy management platform that creates arbitrage by rerouting this energy to revenue-producing nodes.” 


The results are impressive. Depending on the type of community and the interventions applied, NRGSurf's model indicates a 10-30% reduction in electricity costs through improved load management — achieved by optimising in real time when to draw from solar versus the grid, and making better collective use of locally generated power.


That model does several things at once. It improves solar utilisation, helps lower electricity costs for consumers, and creates revenue participation for the company through charging activity. It also shows why software is becoming so central in distributed energy systems: the commercial value often lies not only in generation itself, but in how intelligently it is directed. 


Why Behavioural Energy Economics Matters Commercially 


A large number of energy technology companies focus on hardware, technical dispatch, storage logic, or market timing. NRGsurf adds another layer that is increasingly important: behaviour. 


This is where the company stands apart. 


“The principle of the platform is that every consumer has a different motivation,” Vera said. “For one consumer it may be price. For another, it may be the idea of being a more conscious consumer.” 


That idea may sound subtle, but commercially it is highly relevant. As energy systems become more decentralised and flexibility becomes more valuable, the ability to connect consumers with opportunities to use electricity more intelligently — and on their own terms — becomes a real market asset. Demand-side flexibility is not only a technical problem. It is also a social one. 


This is why behavioural energy economics deserves more attention in today’s energy market. Building more renewable generation is essential, but so is improving the intelligence of consumption. A platform that empowers both residential and commercial users to participate meaningfully in grid optimization can unlock far more value from the same underlying infrastructure. 


Turning Curtailed Solar into Edge Compute 


The move into compute infrastructure was not a strategic pivot. It was the platform arriving at a logical conclusion. Once NRGSurf has validated how excess solar can be routed to EV charging stations and monetised through arbitrage, a broader principle comes into focus: the platform is essentially a routing engine for curtailed energy, where the destination node can be any flexible load that generates revenue at the edge of the network. EV charging is the first node — but the architecture is designed to grow beyond it.. Edge GPU compute — running AI workloads, deployed where the surplus energy actually is — is the newest and currently the most in demand "We looked around and realised that if we add edge compute in the current system, this could create at least three times more revenue per kilowatt-hour than EV charging alone," Vera said. "It is a little CapEx heavy, but the unit economics speaks for itself — and the demand signal from the market right now is hard to ignore."


The timing of that idea is notable. Demand for compute is rising rapidly, especially in the United States, where AI adoption is accelerating across sectors. At the same time, many institutions do not want to rely entirely on hyperscale cloud providers. Banks, cybersecurity firms, financial institutions, and other businesses handling sensitive data often need secure, geographically closer compute capacity. 


Vera framed the opportunity in practical terms: “Everybody is using AI. But a lot of institutions cannot just send their data to the cloud. They need a more secure way of operating. And it is not only about security. Latency is the other constraint. Streaming platforms, financial trading systems, and real-time applications cannot afford the round-trip delays of centralised cloud. Edge compute, located where the power already is, solves both problems at once.” 


NRGsurf’s emerging model is built around using local solar power to support GPU-based edge compute infrastructure. That lowers the effective cost of compute while also creating a productive use case for renewable electricity that might otherwise be curtailed. 


“The solar is powering this GPU,” Vera said. “So the compute itself becomes way cheaper than if they would go to a hyperscaler.” 


This is where the company’s proposition becomes especially interesting for a wider energy audience. It is not only a renewable energy optimisation story. It is also an infrastructure efficiency story, one that links distributed power, digital demand, AI growth, and local resilience. 


Why the U.S. Is the Next Major Focus 


Although NRGsurf already has working operations and revenue in Europe, the company sees the United States as the next major growth opportunity. Vera described the U.S. case as unusually strong because several factors align at once: solar availability, strong compute demand, ageing grid infrastructure, and the urgent need for distributed solutions. 


“The grid is struggling to accommodate all the demand and also upgrade aging infrastructure,” she said. “We are basically entering a market that has a problem right here, right now, and we have a solution right here and right now.” 

California is especially attractive, not only because of rich solar resource and technology density, but also because of the team’s network and familiarity with the market. Vera herself has spent years in California, and that matters when market entry depends on relationships, timing, and credibility. 


She also pointed to a broader infrastructure problem. In some places, data centres are being built faster than power can be supplied to them. 


"There are reported cases in cities like Santa Clara where large data centres have been built but cannot operate because grid supply hasn't kept up," she said. "It is that simple."

That kind of bottleneck makes NRGsurf’s model more relevant. When centralised infrastructure takes years to permit and deliver, distributed solutions become attractive not because they are trendy, but because they solve immediate problems faster. 


How NRGsurf Evaluates New Energy Markets 


The conversation also explored how NRGsurf decides whether to enter a new market. The answer was more disciplined than simply following sunshine. 

Vera outlined three major factors the company looks at: curtailment levels, policy readiness, and consumer types. 


"We look at whether there is enough curtailed electricity — not just solar," she said. "Then we look at whether the policy environment is favourable, and whether there are enough consumers whose load patterns diverge enough to create a real flexibility pool."

That framework is important because it reflects how real market entry works in energy. Installed renewable capacity alone does not create a viable opportunity. What matters is whether energy is being wasted, whether regulation allows the model to function, and whether the platform can operate effectively within local consumption patterns. 


Spain is a good example of this complexity. Vera described it as one of the harder markets in Europe despite its obvious solar potential. 


“Spain curtails so much solar that it is not even funny,” she said. “They have farms that they unplug because they do not have enough storage and they do not have enough transmission infrastructure.” The numbers back that up: in July 2025, more than 11% of all renewable electricity generated in the country could not be integrated into the grid — up from under 1% a year earlier.


And yet market attractiveness is not determined by resources alone. “There is a lot of education that needs to go into this,” she added. “Probably bringing partners in to give them the full-stack solution, not just saying we have software.” 


Italy, by contrast, appears more immediately workable. “In Italy, it is more developed. The policies are there. The demand is there. It is just a little bit of bureaucracy that we have to tackle.” 


This is a useful reminder for energy companies more broadly. Good market entry decisions are rarely based on one variable. The best opportunities tend to emerge where infrastructure need, policy readiness, partner ecosystem, and user response can all align. 

A Software Company Inside a Broader Energy Ecosystem 


Another useful point from the interview was Vera’s explanation of where NRGSURF sits in the value chain. The company is not trying to be everything at once. It is not positioning itself as a hardware developer or a full EPC-style integrator. It operates as the software layer within a broader ecosystem of partners. 


“Energy community management companies do that,” Vera said when discussing technical integration. “We are focusing on a software layer. They provide hardware, and we provide software.” 


That position is strategically smart. In energy sector, companies do not always need to own the full stack to . Often, the highest leverage sits in the coordination layer, the part of the system that manages flows, incentives, timing, and monetisation across multiple assets and partners. 


NRGsurf’s role is exactly there. It sits between generation, community demand, local infrastructure, and commercial use cases, helping turn fragmented energy flows into a more coordinated system. 


Business Development in the Energy Sector Still Runs on Trust 


The business development side of the conversation was equally revealing. NRGsurf is not relying on aggressive cold outreach as its primary growth engine. Instead, it has been developing through partnerships, introductions, consortium relationships, and credibility built within the sector. 


“Since we are already working in a consortium with leading Austrian, German, Italian and Norway banks, tech providers and research institutes, it is always introductions,” Vera said. “In the energy sector, where security and trust are non-negotiable, having partners who can already vouch for how you work is worth more than any pitch.”


That is consistent with how many energy markets actually operate. In sectors involving utilities, infrastructure stakeholders, management companies, or regulated systems, trust matters enormously. Results matter. Referrals matter. Relationships matter. Complex energy partnerships are rarely built through volume-based sales tactics alone. 

Vera also noted that once the company is embedded in the right part of the ecosystem, growth becomes more scalable. “Once you sign, the growth is inevitable because they manage a lot of communities.” 


That is an important insight for anyone building in energy. In many cases, one strong market access point is worth more than a hundred weak conversations. 


Why Fundraising Remains One of the Hardest Parts 


Even with traction in Europe, the company is currently raising a seed round to support U.S. market entry and the development of its edge compute model. Vera was candid about why this phase is difficult. 


“We are live in Europe. We have revenue in Europe. But we are entering the U.S. market,” she said. “It is a different beast and it requires a lot of funding to develop it.” 


That is especially true when part of the new model involves capital-intensive infrastructure. Vera was clear that distributed GPUs and related assets require project finance logic, not just startup storytelling. 


But beyond the mechanics of capital, she spoke openly about the emotional side of fundraising. “What is most frustrating is probably the length of fundraising,” she said. “Sometimes you meet one investor and then everything unlocks.” 


That honesty makes the story more credible. Startup fundraising is often presented publicly as smoother and faster than it really is. In practice, it is usually a long process shaped by timing, resilience, narrative clarity, and persistence. 


“You just cannot give up,” Vera said. “You keep on smiling and keep on going.” 


Why Founders Matter as Much as the Idea 


Toward the end of the discussion, we touched on a familiar but important early stage investment principle: investors often back founders first and the idea second. Vera’s answer was immediate. 


“Oh, absolutely,” she said. “Anybody can have an idea, but if you cannot execute it, if you do not have a good team to execute it, it is going to go nowhere.” 

That point matters even more in the energy sector, where growth cycles are longer, the ecosystem is more complex, and execution requires a mix of technical, commercial, and operational capability. 


Vera also described the company’s team in a way that helps explain her confidence. The business combines the scientific and algorithmic foundation of its co-founder, technical depth on the product side, and Vera’s own focus on business models, finance, and commercial growth. “I add this layer of creativity, business creativity, and understanding finance,” she said. “So I think we are a great match.” 


That combination is often what investors are really trying to assess in early-stage infrastructure and energy technology businesses. Not whether the idea sounds interesting, but whether the team has the range to turn it into a resilient company. 


Why This Conversation Matters Now 


What makes NRGsurf worth following is not only the company itself, but what it represents in the broader energy market. It reflects a direction of travel that is becoming more visible: value is increasingly being created through intelligence, orchestration, decentralisation, and the ability to connect sectors that used to be discussed separately. 

Solar curtailment, AI, energy communities, grid constraints, local compute, and consumer behaviour are no longer isolated topics. They are becoming part of one interconnected infrastructure story. 


In that sense, NRGsurf is not simply another energy software startup. It is an example of how future energy businesses may create relevance by linking wasted energy, flexible demand, behavioural insight, and commercial infrastructure needs into one model.

 

For me, that was one of the key takeaways from this conversation. The scale potential here is not limited to one geography or one narrow use case. If the model continues to evolve in the right way, it could become relevant across multiple markets facing the same structural problems: underused renewable generation, ageing grids, rising compute demand, and the need for faster, more distributed solutions. 


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Speaking with Vera Phipps was a reminder that some of the most important ideas in energy are emerging where disciplines overlap. NRGsurf sits at the intersection of behavioural energy economics, AI-driven energy management, distributed energy systems, solar curtailment, and edge compute. That alone makes it worth attention. 

But what makes the story stronger is that the company is already moving beyond theory. It has gone from research into real deployment, from concept into revenue, and from a European operating base into a broader international growth strategy. 


As Vera put it, “We are entering a market that has a problem right here, right now, and we have a solution right here and right now.” 


That is exactly why this is a company, and a conversation, worth watching. 


About Vera Phipps 

Vera Phipps is a finance and business development executive with a background spanning financial investments, early-stage company building, and strategic growth. She has spent years working across entrepreneurial ventures and financial leadership roles in California, developing a long-standing focus on renewable energy and innovation. At NRGsurf, she leads US market entry, fundraising, and commercial partnerships, bringing together financial discipline, business model thinking, and a hands-on understanding of what it takes to scale a technology company into new markets.


About the nech 

the nech helps energy technology and service companies enter European and Ukrainian markets with greater clarity, stronger positioning, and fewer costly missteps. Our work focuses on market entry strategy, business development, commercial positioning, partnership outreach, and practical growth support for companies operating across energy, infrastructure, and related industrial sectors. We support clients who need local market intelligence, sharper commercial direction, and an embedded partner who can help turn strategic ambition into real market traction. 

1 Comment


Thank you, Dima - this was a genuinely enjoyable conversation to be part of. You asked the right questions and gave the ideas room to breathe.


For anyone reading this: the energy market is at an inflection point. The value is shifting from generation to orchestration, and I think that shift is moving faster than most people realise. Hope the article sparks some useful thinking.

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