equiwatt

equiwatt

Software Development

Gateshead, Tyne and Wear 1,308 followers

Our app instantly rewards UK homes for saving peak time energy usage by connecting to appliances and electric vehicles.

About us

We are a climate technology company using AI to pioneer change in the way households and EV drivers use energy. Our free app rewards consumers for automatically pausing high energy usage appliances and electric vehicle charging when energy is most expensive and polluting. This is Demand Side Response on a residential scale that puts money in the pockets of consumers, saves cost for energy providers and helps everyone to reduce their carbon footprint.

Industry
Software Development
Company size
2-10 employees
Headquarters
Gateshead, Tyne and Wear
Type
Privately Held
Founded
2015
Specialties
Climate Technology, Clean Technology, Smart Tech, Demand Side Response, Energy Management, and Electric Vehicle Smart Charging

Locations

  • Primary

    Proto - The Emerging Technology Centre

    Abbott's Hill, Baltic Business Quarter

    Gateshead, Tyne and Wear NE8 3DF, GB

    Get directions

Employees at equiwatt

Updates

  • View organization page for equiwatt, graphic

    1,308 followers

    📣 An exciting update for equiwatt! 🤝 We’re delighted to announce our new partnership contract with ScottishPower, part of the Iberdrola Group - one of the world’s largest integrated utility companies and a global leader in wind energy. ⚡ The collaboration aims to transform how ScottishPower customers manage their electricity consumption through our innovative and market-leading ‘virtual power plant’ technology and the cutting-edge Power Saver App. 📊 By seamlessly connecting to ScottishPower’s customer’s smart meters the Power Saver App gives them a straightforward way to participate in peak time energy events, including National Grid ESO’s Demand Flexibility Service (DFS) and the EQUINOX Project for heat pump owners, enabling them to earn rewards, cut carbon emissions and lower their energy bills. 🔔 Once set up, the Power Saver App notifies customers to participate in peak time energy events and rewards them with points for reducing their energy usage by performing simple actions such as turning off or avoiding the use of household appliances. These points can then be redeemed for a range of rewards including high street shopping vouchers or charity donations. As well as providing benefits to households, the Power Saver App is also designed to contribute to the larger goal of improving the management and balancing of the UK’s collective electricity demand something that aligns with both company's visions. 🔗 Read more about the partnership here: https://lnkd.in/e7EsQv5r . . . #energynews #energyindustry #partnership #collaboration #demandsidemanagement #energyefficiency #energyinnovation #virtualpowerplants #startup

    equiwatt and ScottishPower team up to unlock benefits for customers

    equiwatt and ScottishPower team up to unlock benefits for customers

    equiwatt.com

  • View organization page for equiwatt, graphic

    1,308 followers

    🎉 We’re thrilled to be part of a major milestone alongside National Grid Electricity Distribution and Piclo! 💡⚡️ Through the Piclo Max platform, equiwatt successfully completed our first trades in NGED’s new week-ahead local flexibility market! 🌍🔋 This achievement marks a significant step forward for our community and our mission to empower households to make a positive impact on the energy grid. Together with Piclo, we’re making it easier for everyone to participate in flexibility markets and contribute to a cleaner, more resilient energy future. A huge thank you to Piclo and National Grid for this exciting partnership. We're just getting started! 👇 Check out Piclo’s full post and press release below for more details. #FlexibilityTrading #EnergyInnovation #CleanEnergy #NationalGrid #PicloMax #EnergyFuture #equiwatt

    View organization page for Piclo, graphic

    6,412 followers

    Hot off the Press! We’re excited to announce a “first” in our partnership with National Grid Electricity Distribution ▶️ Our Piclo Max platform has enabled the first trading of flexibility to National Grid Electricity Distribution’s new week-ahead local flexibility market; ▶️ This partnership widens access to markets for Flexibility Service Providers;  ▶️ The latest trades show how improving access to multiple electricity markets can harness the available pool of flexible resources to address energy market barriers. Congrats to equiwatt 👏 for their first trades, their complete journey made through Piclo Max - from registration to bidding to dispatch. Discover the full story in the latest press release 🗞️ https://lnkd.in/esRgTsGT #FlexibilityTrading #EnergyInnovation #NationalGrid #PicloMax #CleanEnergy #EnergyMarket

  • View organization page for equiwatt, graphic

    1,308 followers

    "Electricity demand that is flexible under the right incentives could save the system £14.1bn per year and households hundreds of pounds on energy bills per year by 2040. The alternative is building a gold-plated electricity grid that never faces any congestion which would be like building enough roads so that vehicles never had to share the streets with each other." This quote from The Association for Decentralised Energy's brilliant 'Demanding More' report highlights just one of the many reasons that the National Energy System Operator (NESO) need to reassess their approach to Demand Side Flexibility. By promoting competition and innovation, companies such as equiwatt can help empower households across the UK to play their part in transforming the energy system and make clean affordable energy accessible to everyone. However, unless action is taken, the UK risks missing a golden opportunity to enable homes, businesses and industry to be part of the solution. Read the full report below 👇

    Given today's report from the Financial Times on National Grid control room's difficulty in handling small volume assets, the recommendations made in our recent report, Demanding More, have added urgency. After agreeing a £630m deal with Government, the National Energy System Operator (NESO) is set to launch on October 1st. Becoming a public body mandates heightened public scrutiny and accountability, especially when consumers are being excluded from the markets they pay to fund.    Enabling homes, businesses, and industry to be rewarded within the energy system cannot be taken as a naturally evolving process – it demands swift and strong action from our public institutions.   Read the article here - https://lnkd.in/e69YzR_e Read our report, 'Demanding More', below 🔽  

  • View organization page for equiwatt, graphic

    1,308 followers

    🚀 We are thrilled to announce an exciting partnership with ScottishPower and Energy Systems Catapult! Together, we've launched an innovative pilot project aimed at empowering low-income and vulnerable (LIV) households across the UK by helping them save on energy bills through flexible energy usage. 💡⚡ With funding from the Department for Energy Security and Net Zero's Inclusive Smart Solutions (ISS) program, this project will leverage cutting edge technology to enable more households to participate in energy saving initiatives, such as National Grid ESO's Demand Flexibility Service, and contribute to a Net Zero future. 🌍 This is more than just energy management - it's about empowering communities and ensuring that everyone has access to smart, affordable, and sustainable energy solutions. 🔗 Learn more about the project here: https://lnkd.in/eWySrm33 . . . #EnergyFlexibility #energynews #LIVCommunity #Sustainability #EnergySavings #equiwatt #NetZero #energyindustry #partnership #collaboration #demandsidemanagement #energyefficiency #virtualpowerplants #startup

    Pilot project aims to support low income households with energy usage this Winter

    Pilot project aims to support low income households with energy usage this Winter

    equiwatt.com

  • equiwatt reposted this

    View organization page for Tuya Smart, graphic

    49,360 followers

    ONE day left! TuyaConnect at IFA Berlin 2024 is happening on September 6, 2024. We're excited to have keynotes from FlatPeak and equiwatt. Connect with our team, network with industry experts, and learn about the latest energy-focused smart solutions. Make sure you have your invite. Sign up now: https://lnkd.in/geiqkXTR 📅 September 6, 15:00-16:30 📍 Tuya Booth, Hall 1.2 - 118, IFA Berlin $TUYA #Tuya #TuyaConnect #IFABerlin #SmartEnergy #Sustainability #AI

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  • View organization page for equiwatt, graphic

    1,308 followers

    📢 We're thrilled to announce that our very own Danny Jennings, will be a keynote speaker at Tuya Smart's TuyaConnect event during IFA 2024 in Berlin this week! ⚡Danny will be speaking about how smart technology and data can pave the way for a cleaner, more affordable energy future. This is a fantastic opportunity to dive into the role of community-driven energy management and how digital engagement can foster positive energy actions. 📆 Join us on 6th September from 15.25 at Tuya's booth to discover how collectively we can drive the clean energy revolution. We’re excited to contribute to this exciting event and look forward to seeing you there! 👉 If you haven't already booked your place then you can sign up here: https://lnkd.in/geiqkXTR . . . #TuyaConnect #IFA2024 #SmartEnergy #CleanEnergyRevolution #equiwatt #Startup #Innovation #EnergyIndustry #EnergyNews #DemandManagement #VirtualPowerPlant

    View organization page for Tuya Smart, graphic

    49,360 followers

    💡 Get ready to be inspired by Danny Jennings, Chief Revenue Officer at equiwatt, as he takes the stage at the Tuya Connect event. Jennings, a seasoned business leader with a proven track record in driving global sales and strategic partnerships, will share his vision on how smart technology and data can lead to a cleaner, more affordable energy future. 🗣️ Join us on September 6, 2024, from 3-6 PM at IFA Berlin, exclusively at Tuya's booth, for his keynote on "Smart Tech for Affordable, Accessible Clean Energy." Key insights you'll gain: - Community driven energy management - Engage residential and business customers digitally to promote positive energy action - Generate new and incremental revenue streams - Create a connected home energy management solution to save power and lower bills - Achieve fast market entry with White Label application - Monitor and manage all solutions through a single pane of glass - Create a database of customer behaviors and energy control participation 🌍Don't miss this opportunity to be part of the conversation shaping our greener tomorrow. Sign up now: https://lnkd.in/geiqkXTR $TUYA #Tuya #TuyaConnect #IFA2024 #CleanEnergyRevolution #SmartSolutions #equiwatt

  • View organization page for equiwatt, graphic

    1,308 followers

    🌍💡 Exciting discussions at equiwatt's first energy roundtable! 💡🌍 We're thrilled to share insights from our recent energy roundtable in Durham, where leading voices in the North East came together to discuss the vital role of local communities in achieving the UK's net zero emissions target by 2050. At this event, attended by 25 guests including, Northern Powergrid's (NPG) Maurice Lynch, local authorities, housing associations, and tech innovators, we delved into critical topics shaping our energy future. Here are three key takeaways: 1️⃣ Energy Flexibility: NPG is prioritising energy flexibility, recognising its crucial role in the electrification and decarbonisation of the UK’s power. Maurice highlighted funding opportunities for innovative businesses that can support this transition. 2️⃣ Government Support: With a new government in place, there are promising proposals for greater investment in renewable energy and green technologies, creating more opportunities for enhanced demand flexibility. 3️⃣ Education & Awareness: To reach net zero, increased education and awareness about energy flexibility are essential, especially for low-income and vulnerable groups. NPG's £14.5m funded Community Distribution Systems Operator (DSO) programme is a step in this direction. This roundtable is just the beginning. We aim to foster collaboration, drive awareness, and engage with local communities to overcome energy challenges and seize new opportunities. The enthusiasm from our local community and the shared ambition to enhance green energy generation and innovative technologies were truly inspiring. Thanks to Graham Robb, Jamie Collis and the Recognition PR team for hosting and putting on this brilliant event with us! 🔗 Read More - https://lnkd.in/eJe94qpP . . . #NetZero #EnergyFlexibility #RenewableEnergy #Sustainability #CommunityEngagement #InnovativeTech #GreenFuture #Equiwatt

  • View organization page for equiwatt, graphic

    1,308 followers

    ⚡It is always a pleasure to work with Energy Systems Catapult. This past year, they have helped us in several ways, including providing 50 Living Lab homes to test our app and some exciting new features. The trial helped us to validate and improve our app and facilitate residential consumer demand side response. The trial has also helped us to reduce both carbon emissions and energy costs for consumers, aligning with our mission to create a sustainable future. A big thank you once again to Energy Systems Catapult for their continued support and expertise. We're excited about the future and our shared journey towards Net Zero. For more insights on our solutions and how we can help you and your customers please get in touch with us today. We would love to speak with you! . . . #Sustainability #NetZero #Innovation #EnergyEfficiency #Equiwatt #LivingLab #EnergySystemsCatapult #demandmanagement #demandresponse #virtualpowerplant

    View organization page for Energy Systems Catapult, graphic

    24,318 followers

    It’s been a bumper first quarter at Energy Systems Catapult! Dr. Tony Cocker, former CEO of E.ON UK, has joined us as Chair, we unveiled our Innovating to Net Zero 2024 report, and launched eFREIGHT 2030 a project to help roll out zero-emission heavy goods vehicles across the UK. That’s not all. We’ve been working with small and medium sized enterprises (SMEs) across the UK to deliver green growth. 👉 SMEs we've supported since 2018 have raised £400 million. 👉 Rendesco, one of the SMEs we're supporting through the Climate Innovation Platform, raised £6 million. 👉 Flock Energy won funding from Enterprise Singapore Innovate UK. 👉 Ecocentric Energy secured a commercial contract post-pilot. 👉 Our analysis helped equiwatt enhance their app to reduce carbon and energy costs. This is just a taste of what we’ve been up to, check out Head of Strategy Matt Friend’s blog for more: https://lnkd.in/etdfyMPg

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  • View organization page for equiwatt, graphic

    1,308 followers

    🏆⚽️ Will you be tuning in to watch England take on Spain this Sunday? It's not just the players who will be working hard! ⚽️🏆 Major events like this can have a significant impact on our country's energy usage, and it's fascinating to see how our collective behaviour shapes energy demand. Curious to learn more? Check out our latest blog post to see how big matches influence our energy grid and discover how equiwatt’s innovative solutions are helping both households and businesses navigate these fluctuations. 🔗 Read the full blog here: https://lnkd.in/dYuzU3vt 🤞 Fingers crossed Gareth and the boys can bring it home! . . . #EnergyManagement #VirtualPowerPlant #SmartEnergy #Equiwatt #EURO2024 #ENGvESP

    Energy and the Euros: How Big Matches Impact Our Grid

    Energy and the Euros: How Big Matches Impact Our Grid

    equiwatt.com

  • View organization page for equiwatt, graphic

    1,308 followers

    ⚡🌍 Exciting Times for Energy Flexibility in Great Britain! 🌍⚡ At equiwatt, we're thrilled to see the Energy Networks Association (ENA) name the UK as the biggest flexibility market in the world. With an impressive 75% of contracted flexibility coming from low-carbon technologies like solar, energy storage, and biofuel, this milestone, underscores our nation’s commitment to decarbonisation and grid optimisation. As the UK continues to advance its renewable energy ambitions, flexibility services play a pivotal role in balancing supply and demand, ensuring a reliable and resilient energy system. This dynamic approach is not only essential for a sustainable energy future but also empowers consumers to have more control over their energy use and costs. If your business is eager to participate in the next National Grid ESO's Demand Flexibility Service (DFS) season, boost its sustainability efforts and unlock opportunities for future growth for you and your customers, now is the perfect time to act. At equiwatt, we specialise in helping organisations tap into the benefits of a flexible energy system. Our smart energy management platform creates a seamless journey to engage customers, manage assets and create additional revenue. 🔋 Ready to make a change? Get in touch with us to learn how we can support your journey towards a greener future. 🔗 Read more about the ENA's findings here: https://lnkd.in/eBF8Vzxy . . . #Sustainability #RenewableEnergy #EnergyFlexibility #Decarbonisation #Equiwatt #FutureGrowth #GreenBusiness

    Great Britain is 'biggest flexibility market in the world', says ENA

    Great Britain is 'biggest flexibility market in the world', says ENA

    current-news.co.uk

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Funding

equiwatt 3 total rounds

Last Round

Grant

US$ 381.6K

See more info on crunchbase