Kaluza, OVO Group’s intelligent energy platform, today announces its partnership with Powervault, a pioneering UK energy storage company, to help accelerate the digitization and decentralization of the U.K. energy system.
As Kaluza continues to integrate with leading energy hardware manufacturers this latest partnership enables local grid operators to effectively manage demand by tapping into Powervault’s in-built device flexibility. By connecting Powervault 3 home storage systems to Kaluza’s intelligent platform customers can benefit from powering their homes when energy is cheaper and selling it back to the grid when needed.
Kaluza responds in real time to the grid’s energy supply and demand balance, wholesale prices and weather data, optimizing the energy use of single devices including home heating systems and electric vehicles. Coordinating these devices at scale, the technology pushes demand away from peak times while meeting consumer needs and reducing carbon emissions. Optimizing smart devices with Kaluza intelligence will help transform homes into mini power stations and empower customers to actively participate in the future energy system.
Stephen Fitzpatrick, CEO and founder of OVO Group said: “Electrifying our grid requires a new energy system to connect every kind of smart device. Creating this diverse and distributed network will give customers more choice, more security and more value. Powervault is a pioneer in battery storage and we look forward to working with them, as we transition to an intelligent zero carbon grid.”
Joe Warren, CEO of Powervault said: “We are delighted to work with Kaluza as the U.K. leaves fossil fuels behind in the move to zero-carbon alternatives. By dynamically storing energy off-peak, both customers and grid operators can enjoy lower energy bills at no cost to the planet.”