London, United Kingdom – 13 January 2022, (5PM GMT):
Piclo, a leading independent marketplace for smart and flexible energy systems, out of over 10,000 entrepreneurs was named a 2022 Global Cleantech 100 Company by Cleantech Group. The 100 companies on the list represent the private, independent and for-profit companies best positioned to deliver solutions that will take us from commitments to actions in the sprint to net zero. This is the 13th edition of the widely respected annual guide. This year’s list included entries from 94 countries. The sectors covered include Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Resources & Environment and Transportation & Logistics.
“We are delighted to be featured in the prestigious list highlighting how critical energy flexibility is to transition to a net zero future! As we look towards an ambitious 2022, we will continue enabling the decarbonisation of our energy systems and strive to be an example of agency and action in the midst of a climate crisis” said James Johnston, Co-founder and CEO.
The list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global, 85-member Expert Panel of leading investors and executives from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the Expert Panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem. The Global Cleantech 100 program is sponsored by Chubb.
“We have the science and ingenuity to solve most of the issues and there is the investment capital, in both private and public markets, to propel a three-decade transformation, to net zero.,” said Richard Youngman, CEO, Cleantech Group. “The 2022 Global Cleantech 100 companies show this in spades. What they, and hundred others like them, now need is braver regulators, policy makers and procurement departments, to enable such solutions to scale and go down their different cost curves much faster than the current trajectories.”
About Cleantech Group
At Cleantech Group, we provide research, consulting and events to catalyse opportunities for sustainable growth powered by innovation. We bring clients access to the trends, companies and people shaping the future and the customised advice and support businesses need to engage external innovation.
Industries are undergoing definitive transitions toward a more digitised, de-carbonised and resource-efficient industrial future. At every stage from initial strategy to final deals, our services bring corporate change makers, investors, governments and stakeholders from across the ecosystem, the support they need to thrive in this fast-arriving and uncertain future.
The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.
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 distribution system operators (e.g. UK Power Networks) to source energy flexibility from flexible service providers (e.g. electric vehicles) during times of high demand or low supply. As of 2021, the flexibility contracts awarded on Piclo Flex totalled £56m with 16 GW of flex capacity registered and 739 MW of flexible capacity procured.
Piclo currently supports the business-as-usual flexibility procurement for major DSOs in the UK - UK Power Networks, SP Energy Networks and Electricity North West, Portugal’s E-REDES and Lithuania’s Energijos Skirstymo Operatorius (ESO). Aside from its market-leading position in the UK, Piclo has a growing presence in mainland Europe and the USA.
Website : https://www.piclo.energy/