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Piclo distributed energy marketplace launches in California

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DER market Piclo has introduced the launch of its platform in California. Piclo’s market allows operators of batteries, good EV chargers and demand response techniques to market and promote their versatile vitality capability to utilities and Neighborhood Alternative Aggregators (CCAs) throughout the state.

Sunrun is the primary associate to checklist load-modifying capability on {the marketplace}, contributing to over 30 MW of versatile storage capability already accessible throughout a number of suppliers statewide. With extra DER aggregators to be introduced within the coming weeks, the platform affords a spread of merchandise that allow patrons to safe versatile assets, instantly supporting California’s Useful resource Adequacy (RA) necessities.

“We’re thrilled to deliver this platform to California,” stated James Johnston, CEO of Piclo. “Whereas the challenges dealing with California’s grid are well-known, what’s much less acknowledged is the numerous quantity of untapped versatile capability throughout the state. By offering a platform for DER homeowners and aggregators to monetize this capability, we’re unlocking worth whereas serving to utilities and CCAs obtain higher outcomes. That is only the start, and we look ahead to scaling with new companions and merchandise within the months forward.”

Piclo’s market streamlines the procurement course of for CCAs, enabling them to safe load-modifying assets effectively upfront of key deadlines, such because the April 1 CEC forecast deadline. These assets will assist CCAs meet their RA obligations by decreasing peak load in 2026 and past.

Information merchandise from Piclo

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