Recurve

A new study shows that open market demand flexibility delivers results with higher customer and trade ally satisfaction. In addition to delivering significant reductions in peak demand and far higher realization rates than traditional programs, the study found that 98 percent of residential and 92 percent of non-residential participants were satisfied with their experience. A majority would participate in a similar program in the future and would recommend the program to others. Purpose-built for the market access model, Recurve's FLEXmarket platform enables a rapid and scalable approach that can be deployed in many contexts for utilities or state agencies that want measured efficiency and flexibility as a reliable demand-side resource. Learn more: https://lnkd.in/eNj9mvUe

Last week's unprecedented heat caused New England's grid operator to declare a Level 1 emergency and electricity prices briefly jumped to almost $2,000 per megawatt-hour — ten times the usual day-ahead cost! https://lnkd.in/ezw2enwS To ensure reliability, utilities must proactively embrace new hourly demand flexibility, including energy efficiency, demand response, and other behind-the-meter solutions. This proven strategy can be rolled out quickly and cost-effectively through a performance-based approach. Performance-based markets that pay for hourly savings incentivize innovation and often find peak savings in unexpected places. This was the basis of California's highly successful market access program, created in response to the heat storm that caused rolling blackouts in the summer of 2020. The key is accurate, consistent, and transparent measurement to provide a price signal that allows these solutions to work together as comprehensive virtual power plants. Learn more about this approach here: https://lnkd.in/eky3htyY #demandflexibility #gridsolutions

Thanks to RMI and the Flex Coalition for their informative webinar last week on how IRA home energy rebates enable Virtual Power Plants. This was a great conversation about how the Inflation Reduction Act’s Home Efficiency Rebates (HOMES) and Home Electrification and Appliance Rebates (HEAR) can not only save consumers money and make their homes more comfortable, but also enable virtual power plants (VPPs) to help the grid decarbonize while making it more resilient, affordable, and equitable. In case anyone missed it, you can catch the replay here: https://lnkd.in/eFCiSWPP #inflationreductionact #HOMES #energyefficiency #demandflexibility #virtualpowerplants Carmen Best Avery McEvoy, EIT David Hunter Kara Saul Rinaldi Stacey Paradis

Join Recurve at Edison Electric Institute 2024! EEI's annual event is one of the premier conferences for electric industry and technology company executives, policymakers, and thought leaders. EEI 2024 June 18-20, 2024 Las Vegas, NV Register: https://lnkd.in/et63cXkp Recurve's Director of Market Development Corey Posten and VP of Sales Tony Shay will be attending. They are looking forward to connecting and learning about your electric utility challenges and opportunities as well as to share Recurve's recent work on virtual power plants, electrification, and how advanced measurement can help transform distributed energy resources into reliable grid assets. Reach out directly to either one of them to set up a meeting. We look forward to connecting with you.

Exciting to see our partners 3C-REN (Tri-County Regional Energy Network) and Sealed highlighted in Canary Media. Recurve’s FLEXmarket enables innovations like these by providing maximum flexibility and streamlined access to deliver impacts. Check out the recent Canary Media article to learn more about Sealed's work with the 3C-REN FLEXmarket and how it and other startups are working to streamline the rebate process. https://lnkd.in/eVWxSadH April Price #energyefficiency #IRA

Great interview with Jigar Shah on the Catalyst Podcast with Shayle Kann highlighting the simple opportunities for virtual power plans (VPPs) in front of us today: https://lnkd.in/ejyZyVFG Shah makes the important point that while distributed, demand-side VPPs will play a crucial role in the energy transition, to scale they need to become much simpler and more reliable. In the short term, that means focusing on VPPs primarily as "an energy efficiency play" that leverages the unique load-shifting potential of different measures like heat pumps or electric vehicles.  We couldn't agree more with this timely message! Join RMI and the Flex Coalition for a webinar next week on the intersection of VPPs and the IRA’s home energy rebates, June 12th from 2-3 Eastern time. Industry stakeholders and policy experts will discuss how this federal investment in energy efficiency can enhance flexibility and create more resilient and responsive homes for a VPP future. Webinar – Saving Money and Supporting the Grid: How IRA Home Energy Rebates Enable Virtual Power Plants Thursday, June 13 2-3 p.m. ET Register: https://lnkd.in/eFCiSWPP Carmen Best Avery McEvoy, EIT David Hunter Kara Saul Rinaldi Stacey Paradis Maeve Allsup #virtualpowerplants #energyefficiency #ira 

The Mid-America Regulatory Conference (MARC) is coming up! This is the premier event for utility and energy regulatory professionals in the Midwest. The theme this year is Cooperation and Innovation. Carmen Best, Recurve's Chief Policy Officer, will be joining the conversation as part of the "Tales from the Demand Side" breakout session. Ted Thomas and Corey Posten will be at the conference as well. This is a great opportunity to learn more about the critical role that demand-side virtual power plants and distributed energy resources can play in supporting the clean, resilient, and stable grid of the future. MARC 2024 June 9-12, 2024, in Minneapolis "Tales from the Demand Side" - Breakout Session 1 Tuesday, June 11th 11am - 12pm Register here: https://lnkd.in/ergb8ZF7 Headed to MARC? We would love to hear more about what challenges and opportunities you see on the horizon. Reach out directly to set up a one-on-one meeting. Carmen Best Ted Thomas Corey Posten #MARC #distributedenergy #utilities #virtualpowerplants

Leadership Transition We are excited to announce a leadership transition at Recurve. Our founder, Matt Golden, is stepping down and Zach Robin is joining to lead the company. We thank Matt for his vision and commitment which have driven the company to this important milestone. Zach brings extensive experience in the technology and energy sectors, and we are confident in his ability to lead Recurve into its next phase of growth and innovation. Zach joins a capable leadership team including industry veteran Carmen Best, Chief Policy Officer. Reflecting on the company’s journey, Carmen shared, "I am deeply proud of what Recurve has accomplished to date, thanks to our incredibly talented and dedicated team. The opportunity to leverage demand-side resources to accelerate the clean energy transition is massive. I look forward to continuing our mission of innovation at this important inflection point in the industry." Since our company’s founding, Recurve has pioneered transparent, open-source methods that transform how energy savings are measured and valued. Our platform leverages advanced analytics and smart meter data to provide accurate and replicable energy efficiency calculations. Key products like FLEXmarket, Resource Planner and Fleet Manager empower stakeholders to optimize energy usage and deliver cost-effective outcomes through precise measurement and verification. Zach praised Recurve for their bold and innovative approach. "The Recurve team has consistently pushed the industry to recognize the full value of Virtual Power Plants (VPPs) and Distributed Energy Resources (DERs) in meeting the needs of our modern grid. Their commitment to innovation and excellence is unmatched, and I am excited to work alongside this talented team and our industry partners as we usher in this next phase of growth and impact together." Please join us in welcoming Zach to the team and celebrating this exciting new chapter for Recurve.

Thanks to Jose Buendia, Alex Pollard, and Jackie Kinsler for the great webinar last week on using targeting to boost savings for low income heat-pump customers. If you’re interested in learning how Southern California Edison (SCE), Recurve, and TECH Clean California are leveraging smart meter data to target the right customers, check it out! SCE’s innovative use of customer targeting is setting a new standard for how to optimize electrification and achieve quick wins that will set the stage for long-term success -- for customers, the climate, and the grid. Contact us directly to learn more about the many ways meter-based targeting can optimize electrification, efficiency, and other demand-side programs. https://lnkd.in/epVu7nyB

Don't miss Carmen Best's recent interview with Doug Lewin on the The Energy Capital Podcast! In this interview, Carmen lays it all out, explaining how accurate, meter-based measurement can transform the way we use energy, helping to build a more diverse and resilient system to meet emerging challenges. Learn why accurate, real-time measurement at the meter is critical to ensure energy savings are real, verifiable, and strategically valuable to the grid, how integrating the measurement of energy efficiency with demand response can supercharge grid reliability and affordability, and why transitioning from traditional utility programs to open market models can drive innovation and competition, benefiting consumers and the grid with a variety of technologies and solutions. Check it out: https://lnkd.in/eFXdZapx #energyefficiency #demandflexibility #vpps