Weโve just acquired a majority stake in
@Uplight , partnering with
@SchneiderElec to harness people-powered energy flexibility for millions across North America โก๏ธ
Electricity demand in the U.S. is surging, driven by AI data centres and the rapid growth of electrotech like EVs, batteries and solar. Utilities need new ways to keep the grid reliable and affordable.
Uplight works with over 85 utilities, including eight of the ten largest in the U.S., helping turn customer participation and distributed energy resources into dependable grid capacity.
The deal marks a major step for the teams of both Octopus and Kraken โ opening the door to accelerate our expansion in the U.S.
Together with
@krakentech_ , weโll combine world-class customer and flexibility technologies to scale demand-side response for North American utilities, helping lower costs for consumers while strengthening energy security and grid stability..
The future grid will be increasingly customer-powered.
Weโre excited to help build it.
Read more below๐