Shuffle Energy provides a platform that enables heat pump manufacturers and commercial energy center designers to offer energy flexibility services to their customers. The technology identifies lucrative locations for revenue generation through flexibility and integrates with asset controllers to trade this capacity on energy markets. This service maximizes the efficiency and flexibility potential of electrified heat assets without upfront cost to the partners.
Funding
$340K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GBOFounders
Product
Problem
Manufacturers and third-party controllers of heat pumps and hot water tanks face challenges in monetizing the energy flexibility of these assets. Identifying profitable trading opportunities in energy markets, managing trading risks, and integrating with diverse controller APIs can be complex and resource-intensive.
Solution
Komodo Energy offers a platform that connects heat pumps and hot water tanks to energy markets, enabling manufacturers and third-party controllers to monetize energy flexibility without disrupting normal operations. The platform aggregates assets to maximize trading volume and optimize pricing in energy markets. By embedding manufacturer specifications and customer behavior into its algorithms, the platform ensures flexibility is utilized appropriately. The platform integrates with controller APIs to switch assets on or off at optimal times, facilitating the trading of resulting flexibility in the market.
Target Audience
The primary target audience includes manufacturers and third-party controllers of heat pumps and hot water tanks.
Features
- Identification of lucrative locations for energy flexibility revenue generation.
- Aggregation of assets to maximize flexibility trading volume and pricing.
- Integration of manufacturer specifications and customer behavior into algorithms for optimal flexibility utilization.
- Integration with controller APIs for seamless asset switching and flexibility trading.