Energy tech firm Kaluza has unveiled its second energy storage technology partnership, penning a deal with UK energy storage specialist Powervault.
Announced at the EnTech event this morning, Kaluza will integrate Powervault batteries into its flexibility platform, allowing local network operators to tap into the devices’ inherent energy flexibility.
The partnership will incorporate Powervault 3 devices, with integration work understood to already be well under way. Flexibility from those devices will then be capable of responding to supply and demand balancing needs in real time, delivering benefits to consumers.
Stephen Fitzpatrick, chief executive and founder of Kaluza parent company OVO Group, said that electrifying the grid required a new energy system capable of connecting to “every kind of smart device”.
“Creating this diverse and distributed network will give customers more choice, more security and more value. Powervault is a pioneer in battery storage and we look forward to working with them, as we transition to an intelligent zero carbon grid,” Fitzpatrick said.
Powervault is Kaluza’s second energy storage technology partnership, having signed a similar deal with German battery storage manufacturer sonnen earlier this year.
Speaking to Current± today, Kaluza’s Tom Pakenham said that there were thousands of devices connected to the company’s technology network, and today’s technology partnerships like this underpinned the kind of sector-wide collaboration needed to further the energy transition.
Joe Warren, chief executive at Powervault, added: “We are delighted to work with Kaluza as the UK leaves fossil fuels behind in the move to zero-carbon alternatives. By dynamically storing energy off-peak, both customers and grid operators can enjoy lower energy bills, at no cost to the planet.”