Piclo has facilitated the first flexible power trades into NGED's local market via its Piclo Max platform, broadening trading options for asset owners.
The venture capital arm of EDP Renewables, a Portuguese renewable energy company headquartered in Madrid, has announced investment in UK software solutions provider Piclo.
UK Power Networks (UKPN) distribution system operator (DSO) has announced a joint venture with power marketer EPEX SPOT, to host its flexibility market.
National Grid Electricity Distribution has partnered with Piclo to simplify access for flexibility service providers into local distribution flexibility markets.
Current± summarises the top electric vehicle (EV) stories from this week below – from a new Cornwall Insight report on EV charge point growth, to Zest's latest charge point project and Piclo's new flexibility project to ease grid constraint and benefit EV drivers.
Flexibility marketplace Piclo is targeting further international expansion into new regions across Europe, the US and Asia-Pacific, having raised £8.3 million.