Elexity Expands VPP Capabilities Through Partnership with Leap
September 09 2024 - 3:10PM
Elexity, an energy management software provider for commercial,
industrial, and institutional applications, has formalized a
partnership with Leap, a leading global virtual power plant
platform (VPP) provider. Through this partnership, building
operators will be able to connect energy storage assets to Leap’s
VPP offerings, enabling them to access wholesale energy markets and
generate new revenue streams.
As an innovator in building energy management systems, Elexity
provides a simple, all-in-one platform that optimizes a building’s
energy assets, such as storage, solar, HVAC systems, and EV
chargers. Through this partnership, commercial building managers
will be able to participate in VPP programs and monetize grid
services.
“Partnering with Leap enables us to easily open the door to VPPs
for our customers,” said Mike Grenier, President at Elexity. “Our
commercial building customers will now be able to benefit from
wholesale energy markets, like the California ISO, while also
leveraging our load control software to make the most out of their
energy assets.”
Leap’s platform connects storage systems and other energy assets
to grid programs, enabling them to earn revenue and provide support
to the grid as VPPs. As a result of this partnership, commercial
building owners using Elexity’s energy management software will be
able to utilize Leap’s platform, furthering sustainability efforts
while optimizing their energy usage and savings.
“By pairing Elexity’s innovative building management platform
with Leap’s VPP software solution, we’re providing fast, automated
access to new grid revenue streams for commercial buildings,” said
Jason Michaels, Chief Revenue Officer at Leap. “Together, we’re
unlocking new value for Elexity’s customers and helping them
achieve their decarbonization goals.”
Learn more about the energy solutions and savings offered by
Elexity at https://www.elexity.io/. The Elexity team will be at the
RE+ trade show September 9-12 and can discuss more on the Leap
partnership there; set up a meeting at
https://www.elexity.io/contact.
About ElexityElexity is changing the way
buildings control energy. Our mission is to empower every building
with intelligent energy control software and transition the world
to a modern, clean energy grid. Headquartered in Bend, Oregon, our
suite of predictive automated control software optimizes
traditional HVAC systems, EV chargers, energy storage, heat pumps,
solar, and other flexible loads to reduce electricity costs and
carbon emissions while enhancing building comfort and control. For
more information, visit www.elexity.io.
About LeapLeap is the leading platform for
generating new value from distributed energy resources (DERs)
through integration with energy markets. Through its software-only
solution, Leap facilitates fast, easy and automated access to
high-value grid services revenue streams for the providers of
batteries, electric vehicle charging, smart thermostats, HVAC
systems and other flexible assets. By aggregating the DERs enrolled
on its platform, Leap supplies virtual power plants (VPPs) to
balance the grid. Leap enables its partners and their customers to
unlock new value streams and help create a more flexible, resilient
grid powered by renewable resources.
Media ContactJustin WilliamsTrevi
Communications for Elexityjustin@trevicomm.com +1 (978)
539-7157