Piclo runs a cloud‑based marketplace that connects owners of distributed energy resources—such as batteries, EV fleets and demand‑response aggregators—with utilities, system operators and energy retailers seeking flexibility services. The platform aggregates DER assets, standardises auction and procurement processes, and handles settlement and performance reporting, allowing sellers to monetize capacity across multiple markets while buyers obtain vetted, price‑discovered flexibility.
Funding
Funding not disclosed
EVFounders
Product
Problem
Grid operators face increasing constraints from rising demand, renewable variability, and extreme weather, while distributed energy resource (DER) owners lack a unified channel to monetize their flexibility. This fragmentation limits the efficient procurement of demand‑side services needed for grid stability and cost‑effective decarbonisation.
Solution
Piclo operates an independent, cloud‑based marketplace that matches flexibility sellers—such as battery operators, electric‑vehicle fleets, and DER aggregators—with any grid‑side buyer, including utilities, system operators, and energy retailers. The platform aggregates diverse DER assets, standardises auction and procurement processes, and provides end‑to‑end settlement, enabling participants to access a broad set of commercial opportunities across multiple markets and geographies. By exposing a single, vetted pool of flexible capacity, Piclo reduces transaction friction, improves price discovery, and supports grid resilience while allowing providers to capture higher revenue from their assets.
Target Audience
Primary users are DER owners seeking to monetize flexibility (battery operators, EV fleet managers, commercial/industrial demand‑response aggregators) and grid‑side buyers such as utilities, distribution system operators, and energy retailers that need reliable, cost‑effective flexibility services.
Features
- Centralised DER registry with real‑time asset onboarding and portfolio management.
- Competitive, automated auction engine that publishes procurement opportunities and collects bids from multiple sellers.
- API and SDK integration for seamless data exchange with utility IT systems, DERMS, and market platforms.
- Secure, auditable settlement workflow with automated performance reporting and invoicing.
- Role‑based access control, MFA, and ISO 27001/SOC 2‑aligned security framework.
- Multi‑region support (USA, Europe, Australia) and compliance with local market rules and FERC/CEER standards.
- Data Hub offering public datasets and analytics tools for market insight and forecasting.
- Tiered membership plans (free onboarding, subscription‑based advanced features) to suit sellers and buyers of any scale.