London, United Kingdom - 12th January 2023, (3PM GMT)
Piclo, the leading independent marketplace for flexibility services, has been named on Cleantech Group’s 2023 Global Cleantech 100. The Global Cleantech 100 is an annual list of the most innovative and promising companies that will take us from commitments to actions in our efforts to reach net-zero.
The Selection Process
The total number of nominations from the public, Cleantech Group’s expert panel, i3 research portal, awards, and Cleantech Group staff totalled 15,753 from over 93 countries. These companies were weighted and scored to create a short list of 330 companies that were reviewed by the 81 members of an expert panel. The Global Cleantech 100 Expert Panel is made up of leading investors, corporate and industrial executives who are active in technology and innovation scouting. The Global Cleantech 100 program has been running since 2009.
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“This Global Cleantech 100 edition is remarkable for the number of businesses in it who represent solutions for some of the hardest of decarbonisation challenges and those who are working on some of the critical material issues coming our way, real soon,” said Richard Youngman, CEO, Cleantech Group. “We salute not only these 100 companies, but all the thousands beyond, who are fighting the good fight.”
“Piclo is delighted to be featured on this list once again. We know how critical energy flexibility is to transition to a net zero future and with international announcements such as our collaboration with National Grid US to set up a flexibility market in New York State, we are pleased to see energy networks across the world embrace flexibility as an essential solution" said James Johnston, Co-founder and CEO.
About Cleantech Group
Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.
Media contact: Carole Jacques, Director of Marketing, Cleantech Group Email: carole.jacques@cleantech.com, phone: +1 347-225-6542
[This notice was update on 26th March, 2024]
Piclo’s mission is to decarbonise the grid. We develop software solutions that make our energy networks smarter, flexible and more sustainable. Piclo Max, our market access platform, enables flex sellers (such as EV and battery owners) to access all electricity markets from one place. Piclo Flex, our flexibility services marketplace, enables flex buyers (system operators) to source flexible electricity from flex sellers during times of high demand or low supply.
To date, Piclo has over 300,000 registered flexible assets representing 22 GW of registered flex capacity, with flexibility contracts awarded totalling £74m and 2.6 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 Transmission System Operator (TSO) (the ESO); 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). Aside from its leading position in the UK, Piclo has a growing presence in Europe, USA and the Asia-Pacific.
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