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Yep, much of the same team, with a different strategy (more tech-focused and participation in more energy market programs). Regulation of DERs largely killed En
by lrobinovitch 5y ago
Yep, much of the same team, with a different strategy (more tech-focused and participation in more energy market programs). Regulation of DERs largely killed EnerNoc, now Enel X, and the like. Voltus' CEO helped repeal the order[1], ensuring DERs make parity with conventional generators.
> if you can scale and reach profitability
I don't know what I can actually reveal, but scaling is our focus right now.
[1] https://www.ferc.gov/sites/default/files/2020-06/Order-745.pdf https://www.ferc.gov/sites/default/files/2020-06/Order-745.p...
- caminante 5y agoThat was a win! In power markets, it's really hard scaling around each market/state's idiosyncracies almost like it's not a technology problem and more regulatory/financing. Hope you guys figure it out.
- lrobinovitch 5y ago100%, well put. Our energy markets team is larger than our engineering team :). But it's also certainly a technology problem in that meeting each market's idiosyncratic requirements requires technology.