❄️ Winter is coming - as is the (new) Demand Flexibility Service ❄️ DFS is designed to help the grid at its most strained — typically winter’s coldest evenings. Instead of firing up gas power plants, consumers and demand-side assets are paid to reduce their consumption. Ofgem have approved DFS to return from this Wednesday the 27th, with new rules that’ll likely result in lower earnings for most. In previous years, the grid paid upward of £2/kWh, across a dozen or so events. This year, prices will be as much as 90% lower, but most likely across many more events. For consumers, it may no longer be worth it to turn off lights and appliances if the reward is only a few p. But there is a silver lining for fully automated participants, like batteries and heat pumps. Unlike in previous years, DFS can now be ‘stacked’, meaning an asset can simultaneously participate in DFS and other flexibility services. Axle partners get full-stack optimisation & full automatisation out of the box, so you can rest easy while others sit in the dark 🔦 Read more here: https://lnkd.in/ewf6izpt
About us
Axle is an energy flexibility startup. Our platform connects EVs, batteries, and heat pumps to electricity markets to help kick fossil fuels out of the grid.
- Website
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https://axle.energy/
External link for Axle Energy
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 2023
Locations
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Primary
London, GB
Employees at Axle Energy
Updates
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We’re excited to announce our partnership with Good Energy, the energy supplier enabling the decarbonised home - 100% renewables, plus EV charging, solar panel, battery, and heat pump installation. Good Energy customers can now earn from their batteries and heat pumps by supporting the grid in times of need. This is good for the customer—a flexible, automated way to earn from decarbonising your home—and the grid, as we continue to demonstrate that fossil fuels should be left buried in the dinosaur age. And this is just the start 💪
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We’re thrilled to announce our partnership with SolarEdge Technologies, a global leader in solar inverter and battery technology. 🔋 ☀️ SolarEdge battery owners can earn up to £250 this winter by participating in SolarEdge’s new Flexible Grid Services programme. Behind the scenes, we’re participating in multiple grid services simultaneously; this maximises customer earnings by providing more support to the grid, all without any manual intervention. SolarEdge’s Virtual Power Plant capabilities have been honed across global electricity markets, and we’re excited to unlock that potential in the UK. Households and businesses with solar and storage have a crucial role to play in a decarbonised grid, lowering costs and carbon for consumers and the energy system as a whole. SolarEdge system owners today have the opportunity to be at the vanguard, paving the way for a brighter future.
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Sifted has listed Axle as an "energy software startup to watch" - keep those eyes peeled, more coming soon! 👀 👀 https://lnkd.in/eqZ7PQEm
16 energy software startups to watch, according to investors
sifted.eu
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We're honoured to be a 'top 100' AI & cloud company in Accel's 2024 Euroscape. The energy-system-of-old (manual dispatch of large fossil power plants) is quickly making way for the decarbonised energy system: millions of distributed assets, interacting in real-time to deliver low-cost, low-carbon, reliable electricity. If you're motivated by this mission, we're hiring 📬
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We’re excited to share our guide to energy flexibility markets in GB! There are many ways to monetise clean and flexible energy assets like EVs, home batteries, and heat pumps. Flex markets aren’t always easy to understand, so we’ve broken them down in our latest blog. Read it here: https://lnkd.in/eG9cTMRv
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We're thrilled to be part of the latest Google for Startups: Climate Change program, which kicks off this week in Paris! We're looking forward to working with Google on scaling our systems 🚀, turbocharging our forecasting algorithms with the latest AI 🤖, and bringing demand-side flexibility to more home & businesses across Europe 🌏 Google for Startups Google for Developers Google
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We're psyched to welcome timothée H. to Axle Energy! Tim learned his trade in the cut-and-thrust of the Texas energy market, optimizing big batteries with Habitat Energy 🔋 In the last month he's been focused on forecasting driver behaviour 🚗, finessing our charging optimisation 🤓, and discovering a new passion for mountain biking 🚵
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We're thrilled to welcome Haraman Johal to Axle Energy. Haraman joins from ONI, where he built software for super-resolution microscopy to accelerate bioscience research around the world. Since joining he's orchestrated the charging of tens of thousands of EV's 🚙, revamped 3 client dashboards💄, and led one life-drawing class ✍🏽
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We're proud to deliver this industry-first with our partners myenergi. The electricity grid has been built brick-by-brick with fossil fuels. This is another significant milestone in proving that those bricks can come from zero carbon sources, like EV flexibility.
At myenergi we’re proud of our history of breaking new ground, including with the world’s first genuinely solar-compatible EV charger. As our energy system evolves, we know that our distributed network of smart home energy devices will play a role in a future-proof and flexible grid. People know us best for our products, but we’re also working on super smart services, including developing our Demand Side Response proposition. We’re aiming to offer a service to the grid, while delivering value to our customers. As part of this, we believe we’ve achieved an incredible industry first in getting thousands of zappi EV chargers accepted into the Capacity Market without relying on smart meter data. As energy policymakers and regulators continue to look at the role that smart home energy devices can play in our future distributed and decentralised energy system, this is a significant milestone – and we know we are only just scratching the surface in terms of what can be achieved. https://lnkd.in/e-m-yiCd
myenergi achieves industry first in gaining entry to the UK Capacity Market
https://www.myenergi.com