Scaling Flexibility with Kraken: Unlocking Grid Resilience and Value for Utilities

premium account

Recording of Thursday, May 08, 2025 | The smarter E Europe Exhibition Program 2025 | Exhibition Program | Language: English | Duration: 11:54 .

Kraken Technologies and Octopus Energy Transform the Energy Sector with Decentralized Solutions and Innovative EV Charging.

The text presentation the shift from centralized to decentralized energy systems, necessitating innovative technologies and adaptability. Historically reliant on wood and biomass until coal, nuclear power, and gas dominated through centralized generation in the 1800s, recent decades have seen a move towards decentralization with solar wind technology and hydrogen innovations. This transition requires real-time grid balancing for diverse needs. Kraken Technologies Ltd., addressing challenges like fragmented legacy systems, is developing an integrated platform offering tools such as "Client" for customer relations management or "Field" for operational flexibility via smart meters. Their focus includes supporting multi-asset platforms globally while streamlining contract processes; they partner successfully with Octopus Energy within this evolving landscape. Octopus's Intelligent Octopus Go tariff in the UK exemplifies these solutions by providing lower EV charging rates during off-peak hours using Kraken’s technology—resulting in increased customer satisfaction across over 260,000 electric vehicles involved within three years. Expanding operations worldwide since around 2016 into countries including France and Germany alongside partners like Tesco has led to significant achievements in battery aggregation projects growing capacity significantly—from under 1 MW to 1.2 GW—and optimizing global energy trading fields today reaching millions!

Automated summarization by AI Conver

Speaker

Fasil Eyassu
European Business Development Lead
Kraken Technologies Ltd.

Talk of session: Utilities' Evolving Business Models to Adapt to Technological Advancements

European Distribution System Operators (DSOs), energy suppliers and energy service providers have been evolving their business models to adapt to technological advancements and the energy transition. New technologies enable utilities to move beyond traditional energy supply models, creating new revenue streams, enhancing grid resilience and delivering greater value to customers. How can they monetize their role as market facilitators and generate new income from new business models? Join this session to get inspired!

Further Talks of this session:

Welcome & Introduction

Thorsten Zörner
CEO
STROMDAO GmbH

To Talk

Lessons for DSOs and Energy Suppliers on Building a Tech-Driven, Service-Oriented Business Model

Speaker

Johan Warburg
Market Development Manager
Tibber Deutschland GmbH

To Talk

The B2B2C Business Model Approach for E.ON's Home Energy Management System

Video is not available.

Battery Storage Parks as a Lucrative Source of Income for Municipal Utilities

Speaker

Tarvo Õng
CEO
Fusebox

To Talk

Making Use of Real-Time Energy Platform Enhancing Grid Stability and Optimizing Consumption

Speaker

Harald Ott
Head of Demand Response Services
Verbund Energy4Business GmbH

To Talk

Enabling Energy Suppliers to Unlock the Value of EV Flexibility

Speaker

Stefan Geiger
Senior Business Development Manager
The Mobility House

To Talk

Panel Discussion

To Talk

You are using an outdated browser

The website cannot be viewed in this browser. Please open the website in an up-to-date browser such as Edge, Chrome, Firefox, or Safari.