Piclo, a leading smart and flexible energy marketplace, today announces the appointment of Stephanie Hazell as a Board Member and Seed Investor Director.
Stephanie is a senior executive with extensive experience spanning the energy, infrastructure, and TMT sectors. She currently holds Non-Executive Director (NED) roles at Renew plc, Neos Networks, and NSMP Ltd. She also has a seat on Shell’s Renewables and New Energy Solutions advisory board, positioning the company to understand transformative macro trends in the energy and transport industries.
In her new role, Stephanie will use her experience in corporate strategy, business development, venture capital, and M&A to ramp up the company’s growth across Europe and accelerate Piclo’s wider international expansion. She will also promote the company’s ongoing success and represent its shareholders, including the company’s seed investors.
Stephanie was previously Group Director of Strategy and Corporate Development at National Grid where she was responsible for organic business development, M&A, and corporate strategy, with a remit focused on harnessing opportunities offered by the energy transition. She started her career as a management consultant with PwC before taking on international management roles in the telecoms sector with Orange and Virgin Group respectively, developing a wealth of experience in rapidly scaling businesses and strategic international growth.
Volker Beckers, Piclo Chairman, said: “Stephanie joins Piclo at an exciting time as we consolidate our position as the UK’s leading flexibility marketplace and prepare to embark on our next stage of growth. She brings a proven track record of scaling companies and will help to drive Piclo forward, while also further bolstering the sector knowledge and contacts available to our team.”
Stephanie Hazell said: “I have followed Piclo for some time as it’s progressed from a start-up to an internationally recognised leader in flexibility. Supporting the growth of smarter, more flexible grids will be essential for the energy industry to meet its decarbonisation commitments and Piclo has a vital role to play in shaping that future.
“Piclo is a company with huge potential to scale rapidly - delivering a dependable independent marketplace to an ever-greater number of DSOs and flexibility providers.”
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 the 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 representing 16.6 GW of flex capacity, with flexibility contracts awarded totalling £58m 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 the Transmission System Operator (TSO) (The 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.
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