Piclo has built an online platform which unlocks new revenue streams for flexible energy assets while simultaneously supporting the balance of supply and demand on power grids. This is accomplished by creating independent marketplaces for trading ‘flexibility’. These reduce grid congestion rates, which in turn enables greater renewable energy penetration and reduces the need for costly network upgrades.
News stories
London, 4th January 2024 – Piclo and National Grid Electricity Distribution have announced a strategic partnership aimed at simplifying access for Flexibility Service Providers (FSP) into local distribution Flexibility Markets. From January 2024, more than 150 flex sellers with more than 60,000 assets registered on Piclo will have direct access to National Grid’s Low Voltage Flexibility … National Grid and Piclo announce strategic partnership to enhance local flexibility markets
London, UK, 8th December – Piclo, the world’s leading flexibility marketplace provider, will be extending their partnership with National Grid in New York State to manage the procurement of their Vintage Year 2025 Term Dynamic Load Management (Term-DLM) and Auto Dynamic Load Management (Auto-DLM) Programme on Piclo Flex. Piclo will continue to deliver the existing Non-Wires Alternatives … Piclo deepens relationship with National Grid New York to manage the procurement of their Dynamic Load Management Programmes
Clean Growth Fund has provided further investment into Piclo, the world’s leading flexibility services marketplace provider, as part of its Series B funding round. Piclo has raised £8.3 million to further strengthen its market leading position in the UK and Europe, as well as grow its international presence in the US, and Asia-Pacific. The funds … CGF provides further investment for Piclo as part of £8.3m raise
Wednesday 30 November, London, UK – Piclo, the leading independent marketplace provider for flexibility services, has today launched Portugal’s first project to build a local flexibility market with E-REDES, Portugal’s largest distribution system operator (DSO). The collaboration will use the Piclo Flex marketplace to streamline the procurement and participation in E-REDES’ DSO flexibility market. Flexibility Service … E-REDES and Piclo lead the way towards Portugal’s first local flexibility market
