January 22nd, 2025 — New York — Piclo, the leading digital marketplace for DER-enabled energy flexibility, is proud to announce its expanded partnership with National Grid, one of the world's largest publicly listed utilities. The strategic expansion will see Piclo offering its flexible energy solutions in Massachusetts, complementing its existing operations in New York and Connecticut.
This development highlights Piclo’s mission to accelerate the transition to a more flexible and sustainable energy grid across the United States. The platform’s innovative approach allows utilities, energy market operators, energy companies, and large-scale energy consumers to trade flexibility—enabling smarter, more efficient management of electricity grids and helping to balance supply and demand.
"Our partnership with Piclo has been instrumental in delivering a more flexible and efficient energy future, enabling us to tap into the potential of distributed energy resources to help plan and operate the grid more cost-effectively. Together, we're building a smarter, more resilient grid that meets the evolving needs of our customers and the energy market."
— Josh Tom, Director, Energy Transition Solutions, National Grid.
Building on the success of its partnership with National Grid in New York as well as Eversource and United Illuminating in Connecticut, Piclo is now scaling its operations to support the growing need for flexibility in energy markets across the US. National Grid’s commitment to working with Piclo has led to a series of successful flexibility programs, where Piclo's platform facilitates trading of energy from businesses and distributed energy assets, ensuring grid stability and reducing reliance on traditional energy sources.
"Through our partnership with National Grid, we are not just adapting to the evolving energy landscape—we're actively shaping it. By leveraging our innovative platform to unlock the potential of distributed energy assets, we are fostering a more resilient, flexible grid that will enhance stability, reduce reliance on traditional sources, and empower businesses to play a key role in the future of energy."
— James Johnston, CEO, Piclo
With this extended collaboration, Piclo will bring its industry-leading marketplace further into the Northeast to Massachusetts, where it will help accelerate the adoption of Distributed Energy Resources (DERs) like electric vehicles, demand response, and battery storage.
Piclo’s software solution facilitates flexibility through a seamless digital interface, matching energy buyers (like utilities and grid operators) with sellers—businesses, facilities, or energy assets capable of adjusting their demand or generation in response to grid needs. By connecting flexibility opportunities across multiple utilities and states, Piclo offers a nationwide solution to grid challenges.
The approach presents significant investment opportunities for stakeholders looking to engage in the growing energy-as-a-service sector. The platform's credibility is reinforced by its established partnerships with utilities like National Grid, along with its proven success in key energy markets in the UK, Italy, Portugal, Australia, and the US.
Piclo’s marketplace offers a powerful software solution for buyers and sellers to engage in the growing demand for smart grid technologies, DER integration, and energy transition solutions. The ability to trade flexibility on Piclo creates a truly market-driven ecosystem where participants can leverage their energy assets in new, innovative ways.
The expansion of Piclo’s offerings across key states—including Massachusetts, New York, and Connecticut—signals an exciting new phase for the company as it scales its technology to meet the increasing demand for flexible, decentralized energy solutions. With the US energy landscape undergoing rapid change, Piclo’s solution positions itself as a central player in the Energy-as-a-Service ecosystem, connecting DERs to the grid in a more efficient and sustainable way.
For grid operators and utilities, the platform offers a robust, real-time mechanism to manage grid reliability and integrate renewable energy sources.
Piclo’s track record—backed by foundational partnerships with approximately $100 million in flexibility transactions across Piclo’s global markets—demonstrates the platform’s growing influence in the US energy market. These software solutions help National Grid manage supply and demand by integrating renewable energy more efficiently, and maintaining grid stability, especially during peak demand or when renewable generation is intermittent. By increasing access to a diverse pool of flexibility providers, Piclo is helping National Grid create a more flexible, cost-effective energy system.
National Grid has been committed to increasing access to its DER and reliability programs. They have recently released an RFP for a Non-Wires Alternative (NWA) solution in Albany, NY, which is open for participation from DER providers, DR aggregators, and project developers until February 4, 2025. Leading up to the release, they developed a standardized agreement for procuring flexibility, and received direct feedback from 10+ DER providers, offering a faster and easier way to contract with these key stakeholders. National Grid is also allowing more DER asset classes to participate in NWAs, specifically by providing access to demand response resources without real-time data feeds and telemetry such as commercial and industrial facility loads. National Grid has additionally released the next cycle of Term-DLM and Auto-DLM for DR aggregators and DER providers to participate through February 28, 2025. By providing multiple revenue opportunities and enhanced access of DER asset types to its grid services programs, National Grid and Piclo are working together to increase market options and widen the pool of available resources.
As Piclo continues to expand its reach, its role as a leader in the flexibility market will only grow. By combining market intelligence with cutting-edge digital solutions, Piclo is positioning itself to help reshape energy markets across the US in the years ahead.
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For any media requests reach out directly to piclo@fticonsulting.com.
[This notice was updated on 22nd January, 2025]
Piclo’s mission is to decarbonise the grid. We develop software solutions that make our energy networks smarter, flexible and more sustainable. Our marketplace platform enables flex sellers (such as EV and battery owners) to access more electricity markets from one place. And enables flex buyers (system operators, US utilities) to source flexible electricity from more Distributed Energy Resources.
To date, Piclo has over 350,000 registered flexible assets representing 26+ GW of registered flex capacity, with flexibility contracts awarded totalling £75m and 3+ 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 independent System Operator (NESO); 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, Eversource). Aside from its leading position in the UK, Piclo has a growing presence in Europe, USA and the Asia-Pacific.
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