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Piclo distributed energy marketplace launches in California

admin by admin
February 4, 2025
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Piclo distributed energy marketplace launches in California
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DER marketplace Piclo has announced the launch of its platform in California. Piclo’s marketplace enables operators of batteries, smart EV chargers and demand response systems to market and sell their flexible energy capacity to utilities and Community Choice Aggregators (CCAs) across the state.

Sunrun is the first partner to list load-modifying capacity on the marketplace, contributing to over 30 MW of flexible storage capacity already available across multiple providers statewide. With additional DER aggregators to be announced in the coming weeks, the platform offers a range of products that enable buyers to secure flexible resources, directly supporting California’s Resource Adequacy (RA) requirements.

“We’re thrilled to bring this platform to California,” said James Johnston, CEO of Piclo. “While the challenges facing California’s grid are well known, what’s less recognized is the significant amount of untapped flexible capacity across the state. By providing a platform for DER owners and aggregators to monetize this capacity, we’re unlocking value while helping utilities and CCAs achieve better outcomes. This is just the beginning, and we look forward to scaling with new partners and products in the months ahead.”

Piclo’s marketplace streamlines the procurement process for CCAs, enabling them to secure load-modifying resources well in advance of key deadlines, such as the April 1 CEC forecast deadline. These resources will help CCAs meet their RA obligations by reducing peak load in 2026 and beyond.

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