Kaluza and Powervault Partner to Intelligently Balance the Grid through Home Storage
Powervault have a new and exciting partnership with Kaluza to intelligently balance the grid through home energy storage. Kaluza, OVO Group’s intelligent energy platform, is integrating with the Powervault 3 to help accelerate the digitisation and decentralisation of the UK’s energy system.
This partnership will help to provide local flexibility on the UK electricity network by enabling local grid operators to effectively manage demand by tapping into Powervault’s in-built device flexibility. By integrating these innovative systems, customers can benefit from powering their homes when energy is cheaper and selling it back to the grid when needed.
Kaluza allows the Powervault 3 to respond in real time to the grid’s energy supply and demand balance, wholesale prices and weather data, optimising the energy use of single devices, including home heating systems and electric vehicles. Coordinating these devices at scale will help to alleviate grid pressure at peak times while meeting device-level consumer needs and reducing carbon emissions. The optimisation of smart devices with Kaluza intelligence will help transform homes into mini power stations, avoiding the risk of power outages and empowering customers to actively participate in the future energy system.
Stephen Fitzpatrick, CEO and Founder, 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, Powervault said: “We are delighted to work with Kaluza as the UK 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.”
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