

New York, [September 17th 2025, 12noon ET] – Piclo, the global marketplace for distributed energy resources (DERs), today announced that its US platform has scaled nationwide to all 50 states in just six months following its March launch. The rapid expansion highlights both the urgency of America’s grid challenges and the appetite among utilities and DER providers for a transparent, standardized marketplace for flexibility.
In half a year, Piclo has:
The US grid is under unprecedented strain. Demand from electrification, more extreme weather events, and energy-hungry data centres is rising, while utilities are under pressure to control costs and maintain reliability for their customers. Flexible DERs provide a vital solution - enabling utilities to balance supply and demand, and reducing the need for some future infrastructure investments.
“With demand surging - especially from AI data centers, long interconnection queues, and extreme weather risks - utilities need flexible capacity they can activate now, and DER providers eager to participate and maximize revenues”, said James Johnston, CEO and Co-founder, Piclo. “This is why Piclo’s marketplace for DER flexibility matters.”
Piclo’s digital marketplace is designed to make it simple for DER providers - from aggregators and virtual power plants (VPPs) to corporate asset owners - to turn flexible capacity into revenue:
For utilities, Piclo delivers a faster, more cost-effective way to drive participation in programs, procure flexible capacity, and create local non-wire needs, helping balance the grid while controlling costs.
Milestones to date include partnerships and successful procurements with leading utilities and aggregators in New York, Massachusetts, and Connecticut, including:
Matthew Billson
[This notice was updated on 11 June 2025]
Piclo is the world’s leading independent marketplace for energy flexibility. Our mission is to accelerate the decarbonization of electricity grids by connecting flex sellers - such as EV and battery operators, and DER aggregators - with every potential buyer, everywhere.
Through Piclo’s platform and services, flexibility providers can maximize the value of their assets by accessing a wide range of commercial opportunities across multiple markets and geographies. At the same time, flexibility buyers - including utilities, system operators, and energy retailers - gain access to the world’s largest pool of vetted flex sellers. Our platform helps them procure, operate, and settle flexibility services in a secure, streamlined, and scalable way.
Piclo operates across the USA, Europe, and Australia. Today, over 250 flex sellers - including Octopus Energy, Enel X, and Sunrun - have registered more than 350,000 assets, representing 45+ GW of flexible capacity on the platform. Flexibility buyers on Piclo include NESO, National Grid, SP Energy Networks, Northern Powergrid, E-Distribuzione, E-Redes, and Powercor.
To date, Piclo has enabled over $100 million and 3+ GW in flexibility contracts through its marketplace.
To learn more, get in touch, follow us on LinkedIn, or watch our story on YouTube.