ECO11: #2 Entelios Thomas Schulz Smart Grid Demand Response

Thomas Schulz, Co-Founder and COO of Entelios, presents the concept of reducing peak power applying Demand Response in Smart Grids at ECO11. Serving utilities and commercial companies with demand response means reducing the amount of peak power needed by managing the energy behaviour of consumers and producers over the network. Founded in 2010, Entelios is the German copycat of Enernoc in the US that went public in 2007 and currently has a market cap of $424M. Entelios is funded by the German seed fund High-Tech Gründerfonds and Yellow & Blue from the Netherlands. Thomas explains that managing demand and supply of energy in a smart and realtime way contributes significantly to making our energy system more efficient. And it's good business, too.

Category:

Science & Technology

Tags:

• ECO11
• Ecosummit TV
• Ecosummit 2011
• Smart Grid
• Demand Response
• Energy Management
• Entelios
• Enernoc
• Thomas Schulz
• Startup
• Energy Efficiency
• Smart Green Economy