Retail Energy CEO Details How Investment From Mitsubishi Accelerating Supplier's Connected Home
June 21,2019
The Evening Standard published an interview with Ovo Energy CEO Stephen Fitzpatrick, who provides details on Ovo's connected home and smart energy platform Kaluza
RetailEnergyX.com previously reported (story here) that Ovo would use the proceeds from a strategic investment by Mitsubishi Corporation in Ovo to expand into new markets across Europe and Asia Pacific and accelerate the development of Ovo's new intelligent energy technologies unit, Kaluza.
In the interview, Kaluza is described as a, "platform that enables the grid to securely connect to those devices and send them instructions on the best time to charge or discharge their battery [or use/stop using energy]."
Fitzpatrick cited Kaluza interacting with everything from electric vehicles to refrigerators