the PARITY project


Hypertech ( is a Greek SME founded in 1997. Its Energy Labs unit specialises in offering ICT solutions for the Smart Grid of the future. It aims to provide flexible solutions for small and medium-sized electricity consumers and integrated solutions for electric utilities and service providers (Aggregators) in the field of demand management. The business strategy of Hypertech includes research and development of advanced technologies, to create a full suite of solutions and products appealing to everyone involved in the electricity market, namely:

  • Solutions for consumers: tools for creating detailed consumption profiles (Consumer Profiling), tools for personalized billing reports (Informative Billing) and innovative solutions for building automation and power-to-heat (thermal storage) in typical water heating and space heating devices.
  • Solutions for public agencies and business /industrial consumers: multi-parametric solutions to optimize energy consumption without compromising business performance targets (Enterprise Performance and Sustainability), tools for the analysis and real-time monitoring of power consumption data (Billing Analysis, Monitoring and Optimization), along with energy consumption forecasting and reporting tools.
  • Solutions for utilities and energy services companies: tools for analysing consumer portfolios and shaping optimized billing strategies, innovative solutions for forecasting and management of electricity demand, tools for electricity trading optimization and risk management and cutting-edge solutions for ensuring semantic interoperability between infrastructure / devices / systems of the Smart Grid, adopting the approach of the Internet of Things (Cloud and Standards-Based Services – “Internet of the Grid”).

Hypertech has been actively involved in EU co-funded R&D programmes since its establishment. In the H2020 framework, Hypertech is currently coordinating projects MERLON & UtilitEE and is the technical manager of PARITY, MERLON, BIMERR, FLEXCoop, PLANET, HOLISDER & DRIMPAC. It is also currently participates as a main technology partner in FLEXIGRID, Heat4Cool, WiseGRID, iELECTRIX & NOVICE.

Hypertech holds vast experience on various aspects of the DSM spectrum and the development of innovative tools both for the consumer, as well as, for the utilities and aggregators. 

Subscribe to ourNewsletter

Subscribe now and receive our latest news!