⚡ We are hiring! If you want to help decarbonize the world’s grids, come join us. We are expanding our teams in 🇺🇸 US, 🇮🇹 Italy and 🇬🇧 UK. For more info on all the roles 👉 https://lnkd.in/dB2vFyiT
Piclo
Services for Renewable Energy
London, London 6,523 followers
The leading independent marketplace for flexibility services
About us
Piclo’s mission is to decarbonise the grid. We develop software solutions that make our energy networks smarter, flexible and more sustainable. Piclo Max, our market access platform, enables flex sellers (such as EV and battery owners) to access all electricity markets from one place. Piclo Flex, our flexibility services marketplace, enables flex buyers (system operators) to source flexible electricity from flex sellers during times of high demand or low supply. To date, Piclo has over 300,000 registered flexible assets representing 22 GW of registered flex capacity, with flexibility contracts awarded totalling £74m and 2.6 GW+ of flexible capacity procured. Piclo currently operates in six global markets: in the UK, supporting all six Distribution System Operators (UK Power Networks, SP Energy Networks, Electricity North West, Northern Powergrid, Scottish and Southern Electricity Networks and National Grid Electricity Distribution); and the Transmission System Operator (TSO) (the ESO); in Ireland (ESB Networks), Italy (E-Distribuzione), Portugal (E-REDES)); in Australia (CitiPower, Powercor); and in the United States in New York State (National Grid) and Connecticut (United Illuminating). Aside from its leading position in the UK, Piclo has a growing presence in Europe, USA and the Asia-Pacific.
- Website
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https://piclo.energy/
External link for Piclo
- Industry
- Services for Renewable Energy
- Company size
- 51-200 employees
- Headquarters
- London, London
- Type
- Privately Held
- Founded
- 2013
- Specialties
- Renewable energy, Big data, Technology innovation, Smart Grid, Flexible Energy, UX Centric Design, Flexible Service Providers, Distribution Service Operators, Net Zero, and Thought Leadership
Locations
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Primary
London, London, GB
Employees at Piclo
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🔋 Cam Ross
CEO @ Green Angel Ventures | Leading Climate Change Investment | I'm @camclimate on Threads and Bluesky
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Chris Dominy
Advisor, Sustainability Investor, Rugby Coach
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Paul Roberts
Investor in renewables, storage, EV’s & craft beer
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Kat Stubbings
UX & Service Design | Products & Services
Updates
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🌐 What is the Local Constraint Market (LCM)? The LCM, created by the National Energy System Operator(NESO), addresses transmission constraints across the B6 boundary, providing a cost-effective alternative to the national Balancing Mechanism. By engaging distribution-connected flex providers for Generation Turn Down/Demand Turn Up actions, the LCM enhances efficiency and reduces costs. 🔑 The Challenge with ABSVD Before the introduction of the ABSVD Opt-Out in October 2024, non-supplier participants, like aggregators, faced issues in the LCM. Their energy adjustments affected their suppliers’ balances without rewarding their contributions, creating disincentives for participation. 💡 Enter ABSVD Opt-Out This innovative solution allows participants to opt out of the ABSVD adjustment, enabling direct financial rewards for their flexibility contributions. Instead of just correcting supplier imbalances, participants can earn supplementary payments based on market prices, significantly boosting their earnings. 📈 Why It Matters: - Fairer Participation: Levels the playing field for non-suppliers. - Boosted Market Volume: Encourages more flexibility, lowering overall costs. - Valuable Insights: LCM can guide future flexibility service designs. The impact of unlocking flexibility from distributed energy resources on balance responsible parties (BRPs) and imbalance positions is a hot topic in the UK and Europe, especially with ongoing discussions about the Network Code on Demand Response. At Piclo, we’re excited to contribute to this dialogue, leveraging our real-world experience from operating flexibility markets in six countries worldwide. For full details read our blog https://bit.ly/48t4gQg Let’s shape the future of flexibility together! #EnergyMarket #Flexibility #Innovation #Sustainability
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🚀Seminario Piclo con la partecipazione di ARERA & E-Distribuzione 🚀 Siamo stati entusiasti di ospitare il nostro seminario il 23 ottobre a Milano, con la partecipazione di ARERA - Autorità di Regolazione per Energia Reti e Ambiente ed E-Distribuzione Un enorme ringraziamento ad ARERA ed E-Distribuzione per le presentazioni e a tutti i partecipanti per aver reso la giornata un successo. I punti salienti trattati: Il futuro della flessibilità locale in Italia 🇮🇹 Proposte di aggiornamento per ridurre le barriere alla partecipazione 🚧 Opportunità di networking per tutti gli stakeholder 🤝 Manteniamo lo slancio! Restate sintonizzati per le novità future! #Evento #Seminario #Networking #ARERA #EDistribuzione #Innovazione
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🌟 What an incredible week it’s been for Piclo at Enlit Europe Milan! As we wrap up this amazing event, we want to reflect on the core highlights: 🤝 Connecting with so many like-minded individuals and organizations committed to advancing the energy transition. 💡 Engaging in meaningful discussions around our shared mission: delivering grid stability and ensuring clean, affordable, and reliable energy for all. 🎤 A special thank you to Hive Power for hosting our Piclo experts in insightful panel discussions at the Clean Energy Club mixer! 🥂 We also hosted a fantastic drinks reception at our stand, with an overwhelming turnout from Hive Power fabbricadigitale navitasoft, EVenergi E-REDES, E-Distribuzione, Nexta Capital Partners, FlexiGrid, Cleanwatts, Schneider Electric, Gridspertise, neugemacht GmbH, Tera and many more As we look ahead, we’re excited to continue collaborating and innovating for a sustainable future. Thank you to everyone who joined us this week! #EnlitMilan #EnergyTransition #CleanEnergy #GridStability #Collaboration
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Join Piclo at GridTech CONNECT Forum, October, 28-30, 2024 Piclo are excited to be sponsoring and speaking at GridTECH Connect Forum next week. Alex Ghanem, our NorthEast US Lead, will be speaking at the “Spotlight Sessions” on Tuesday, October, 29 - full details https://bit.ly/3ND6nrn He’ll be part of key discussions relating to: 🌎 the latest and most impactful renewable energy developments across the Northeast, including Vermont, New York and Connecticut; 💡 how Piclo is supporting clean energy deployment; ⚡ grid modernization in New York and Connecticut and beyond; 🥅 and the state's goals and current progress. If attending, don’t hesitate, connect with Alex Ghanem to find out more about Piclo in the US. #clean energy #imactrenewable #gridcapacity #energyfuture #energydeployment
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⏳ Not long to go now! We’ll be at Enlit, Milan next week. 🇮🇹 🌟 Don’t be shy! Join us for drinks and connect with our Piclo team and industry peers who are passionate about making a difference in the energy transition. 📍 Visit us in Hall 5 on stand No..L10 at Enlit Europe There's still time to book a meeting ▶️ https://bit.ly/3BLQ48J Let’s collaborate and inspire change together! 🍹💡 #Enlit2024 #Piclo #EnergyTransition #MilanExpo #SustainableEnergy
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Secondary trade you say? You’ve heard correctly. At Piclo we’re pleased to announce another successful secondary trade between Axle Energy and OakTree Power that’s seen EV chargers enter the Capacity Market without relying on smart meter data. As the number of electric vehicles continues to grow, innovative solutions are key to integrating these assets into the grid. Piclo are proud to have been part of unlocking the flexible power of EV chargers by matchmaking Axle Energy with Oaktree Power. Don’t take it from us, explore more here https://bit.ly/3zWS3Xu #ev #evchargers #secondarytrade #capacitymarket #gridassets
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Our Piclo marketplace supports Distributed Energy Resource (DER) owners and aggregators to maximise revenue by increasing access to new and existing markets. Who are these DER owners and aggregators? What is their business model? Inspired by the 🥇Olympics & Paralympics, we continue to profile the most successful companies who won bids in our UK Local Flexibility markets in 2023. Next up… 🇬🇧 Octopus Energy 🐙⚡ The leading disruptor in the energy sector, we’ve been working with Octopus Energy for several years, enabling them to sell flexibility from their consumers to system operators. We love how they translate opportunities from Flexibility Markets into snazzy, fun tariffs and offers which grab the attention of their consumers. If you want to be FlexWinner in 2024 and beyond, contact us here 👉 https://lnkd.in/exQfDwFJ (Photo from our London Flex Forum hosted this summer)
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🌍 Exciting News! Piclo is heading to Enlit Europe Expo in Milan from October 22-24, 2024! 🇮🇹 Join us for our third year at this incredible event focused on transforming Europe’s energy landscape into a decarbonised and digitalised system. 🌱 📍 Visit our stand No. 5.L10 at #EnlitEurope. Registration is free! https://lnkd.in/efNKbG2h Come meet our team. Book a meeting here ➡️ https://bit.ly/3BLQ48J We can’t wait to connect! #Enlit2024 #EnergyTransition #MilanExpo #SustainableEnergy
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Our Piclo marketplace supports Distributed Energy Resource (DER) owners and aggregators to maximise revenue by increasing access to new and existing markets Who are these DER owners and aggregators? What is their business model? Inspired by the 🥇Olympics & Paralympics, we continue to profile the most successful companies who won bids in our UK Local Flexibility markets in 2023. Next up… 🇬🇧 OakTree Power 🌳 ⚡ Launched in 2020, and led by CEO Chantel Scheepers, OakTree Power specialise in helping businesses monitor, analyse, and optimise energy consumption, using a combination of industry knowledge and in-house digital solutions. With OakTree Power's buildings-to-grid solutions, clients include the London offices of Financial Times and Deutsche Bank If you want to be FlexWinner in 2024 and beyond, contact us here 👉 https://lnkd.in/exQfDwFJ (Photo from our London Flex Forum hosted this summer)