Novatech NESSi
AI/ML Models Forecasting Economics, Energy and Emissions, Combined with Decarbonisation Scenario Management
Page last modified
July 1 2025
Novatech NESSi is a cloud-based software-as-a-service solution that leverages artificial intelligence and machine learning models to generate energy and greenhouse gas emissions forecasts. The software ingests historical emissions and energy data from a company's operations to train predictive models. These models forecast future emissions for single or multiple assets based on the historical data patterns.
NESSi has a comprehensive library of emissions reduction measures that can be applied to the forecasted scenarios to explore different emissions mitigation options and how they affect each scenario. By simulating the impact of reduction measures on future operations, NESSi allows users to analyse the estimated effects on energy need, emissions outputs, and carbon costs. This enables companies to make data-driven decisions about the most effective strategies for reducing environmental impact.
The NESSi software architecture utilizes cloud computing for scalable processing power and storage. The predictive modeling and simulation capabilities are enabled by AI algorithms and multivariate regression techniques. The user interface visualizes forecasts, scenarios, and mitigation insights through interactive charts and graphs.
Pros & Limitations
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Generate fast and accurate forecasts of energy emissions and related economics
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Extensive library of decarbonisation measures, applicable directly on your forecasts
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Allows exploration of emissions reduction scenarios
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Strategic decision support for achieving emissions reduction targets (net zero)
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Aligned with sustainability objectives and targets
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Cost reduction through mitigation strategies
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Intuitive to use and quick and easy to implement, unlimited number of users through single sign-on
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Does not forecast or allocate emissions on equipment level
Specification
| Title | Description |
|---|---|
| Theme/Discipline | EnvironmentEmission ReductionEmission MonitoringDesign & Concept Select |
| Core Tech | AI & Advanced Analytics |
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Product Type
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Software-as-a-Service (SaaS) solution
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Key Features
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Generates energy and emissions forecasts, Library of emission mitigation measures, Explores impact of measures on future emissions
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Industries
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Oil and gas, Heavy industry, Transport, Construction, Steel manufacturing
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Benefits
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Aligns with sustainability goals, Enhances company reputation, Drives cost reductions, Improves efficiency, Ensures regulatory compliance
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Technology Readiness Level
The Technology Readiness Level (TRL) indicates the maturity level of novel technologies. Learn more about the TRL scale used by us.
[8/9]
Development
Technology demonstration
Mature / Proven
Novatech is a Norwegian software company established in 2022 that develops cloud based SaaS solutions using AI and machine learning. Their flagship product is the Novatech NESSi software that use machine learning models to generate fast and reliable emissions and energy forecasts. These forecasts are integrated with an extensive mitigation measures library helping companies reduce emissions costs and quantify their path to net zero. Novatech focuses on serving energy-intensive industries like oil and gas, petrochemicals, and shipping/transport.
Country of Headquarters
Norway
Relative Business Impact
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