Piclo’s mission is to decarbonise the grid. We develop software solutions that make our energy networks smarter, flexible and more sustainable. Our flagship product, Piclo Flex is the leading independent marketplace for energy flexibility services, enabling system operators (such as National Grid ESO, UKPN and a growing number internationally) to source energy flexibility from flexible service providers (e.g. electric vehicles) during times of high demand or low supply. As of 2022, Piclo Flex has 55,000 registered flexible assets and flexibility contracts awarded totalled £58m with 16.6 GW of flex capacity registered and 1.1 GW+ of flexible capacity procured.
Piclo currently provides flexibility services in six global markets: in the UK, supporting three Distribution System Operators (UK Power Networks, SP Energy Networks, Electricity North West and Northern Powergrid ); and the Transmission System Operator (TSO) (NG ESO); in Ireland (ESB Networks); in Italy (E-Distribuzione), Portugal ( E-REDES), Lithuania ( Energijos Skirstymo Operatorius AB (ESO)), and in the United States in New York State (National Grid). Aside from its leading position in the UK, Piclo has a growing presence in Europe and the USA.
Our marketplace drives increased participation, standardisation and scale to level the playing field and streamline the transition to Net Zero.
We place humans at the core of our design process, understanding the challenges with flexibility procurement in order to reduce the friction involved.
We facilitate competitive auctions, meaning Flex Providers bid to win contracts, ensuring the best price is secured.