Connecting assets and devices to any type of power market

End-user devices have the potential to make an important contribution to the energy transition. The Energy Market of Things (EMoT) provides the platform to massively increase their participation in the market, boosting system flexibility while enabling trading companies, device owners and system operators to benefit.

What’s holding back the revolution?

As the use of distributed energy resources (DERs) such as rooftop solar, battery storage, EV charging and heat pumps grows, so does their potential for flexibility. Even very small shifts up or down, earlier or later can add up. Studies have shown that merely 1000 households can deliver the equivalent flexibility of a small power plant.
However, significant growth of these devices is currently held back by many factors:

  • Most grids are not equipped for large volumes of DERs, as grid operators can’t see behind-the-meter devices and so cannot plan for them. They often cope by restricting devices. We bring transparency.
  • Potential DER owners are held back financially: up-front investment is high, feed-in tariffs are fading and devices take many years to pay out. We speed up the payoff.
  • Fixed long-term contracts give the asset owners an additional revenue stream, but lock them in while the service provider profits from market volatility. We make it fair.
  • Aggregators favor larger DERs; the connection and acquisition costs don’t financially justify working with smaller devices. We shift the threshold.

How it works

Our platform connects device owners with aggregators and other trading companies - like an Airbnb of small-scale flexibility, we are not a trading entity or aggregator, but rather an intermediary.

  • As a device owner, you can offer your flexibility in short timeframes by connecting your IoT energy device
  • We get the position and signals from your IoT device
  • EMoT executes the trades and controls your device based on your preferences
  • You optimize the flexibility of your device with your own energy management software or our Artificial Intelligence (AI)
  • We handle payments and free you from admin burdens

Benefits

Device owners achieve breakeven faster:

  • Get the best price and profit fairly from market volatility
  • Break free from contract lock-in
  • Enjoy fully automated and transparent operation

Aggregators increase their portfolio; instead of making them compete for the same pie, we make the pie bigger:

  • Gain access to devices, no set-up
  • Cut acquisition and connection cost
  • Make smaller devices economically viable

Device manufacturers improve the business case for their customers:

  • Stand out from the competition
  • Give your devices easy access to power markets
  • Enable new revenue models

Our mission

We now see an opportunity to massively increase the number of smaller, privately owned assets connected to the energy market, and so to drive the energy transition in a reliable way that truly gives power to the people.

We realize that there is a tremendous amount of potential currently going to waste:

  • Potential for replacing fossil fuels with green energy.
  • Potential for flexibility that keeps power flowing smoothly.
  • Potential for asset owners to get a fair return on investment.
  • Potential for more individuals to put their power into their own hands.

Our goal is to tap this potential by connecting distributed devices with trading entities, in order to get as many megawatts of green flexibility on the market as possible while enabling trading companies, aggregators, device owners and device manufacturers to make the most of market opportunities.