EnergyHub Acquires Finland-Based Kapacity.io to Accelerate Demand-Side Flexibility in Europe
09 12월 2024 - 10:30PM
Business Wire
Acquisition brings EnergyHub’s experience
building North America’s largest residential virtual power plants
to global markets
Kapacity.io, a European leader in heat pump optimization and
flexibility, has been acquired by EnergyHub, North America's
largest provider of residential flexibility solutions. Backed by
EnergyHub’s resources and experience, Kapacity.io will continue to
focus on expanding partnerships with electricity retailers and heat
pump manufacturers to unlock the benefits of residential
flexibility for consumers.
EnergyHub’s distributed energy resource management system
(DERMS) manages more than 1.5 million distributed energy resources
(DERs) across over 100 utility programs in North America.
Kapacity.io helps retailers optimize the energy consumption of heat
pumps on dynamic tariffs and other flexibility offerings and
provides congestion management and grid balancing services to
distribution system operators (DSOs) and transmission system
operators (TSOs), all while helping customers save money without
sacrificing comfort.
“This partnership opens exciting new avenues for our
technology,” said Jaakko Rauhala, co-founder and CEO at
Kapacity.io. “With EnergyHub’s support, we’re poised to grow our
capabilities, broaden our partnerships across Europe, and deliver a
better customer experience while contributing to a more efficient,
decarbonized power grid.”
Combining Kapacity.io’s expertise in European markets with
EnergyHub’s track record building North America’s largest
residential flexibility programs will unlock new opportunities for
managing multiple device types—including electric vehicles,
behind-the-meter battery storage, thermostats, and more—to deliver
critical grid services across Europe.
“Acquiring Kapacity.io will enable EnergyHub’s plan to grow VPPs
outside North America,” said Seth Frader-Thompson, CEO at
EnergyHub. "Kapacity.io’s team brings a wealth of knowledge and
experience that will help us expand into Europe and scale the
benefits of DER flexibility globally.”
EnergyHub is an independent subsidiary of Alarm.com (NASDAQ:
ALRM), the leading platform for the intelligently connected
property.
About EnergyHub
EnergyHub is a leading Edge DERMS provider. Utilities rely on
EnergyHub’s DERMS platform to manage all types of distributed
energy resources to serve grid and market objectives. EnergyHub
works with over 70 utilities in North America to manage more than
2.0 GW of flexible capacity. We empower utilities and their
customers to create a clean, distributed energy future. For more
information, visit www.energyhub.com.
About Kapacity.io
Kapacity.io is a European leader in optimizing heat pump
performance and managing distributed energy resources to support
grid operations. With a strong focus on integrating renewable
energy technologies, Kapacity.io works closely with retailers and
device manufacturers to accelerate the adoption of clean energy
solutions in Europe.
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version on businesswire.com: https://www.businesswire.com/news/home/20241209509388/en/
EnergyHub Media Contacts: Kitchen Public Relations
Anne@kitchenpr.com
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