Energy company Ovo, recipient of a £216m investment from Mitsubishi Corporation, plans to unlock the flexibility of the UK’s 1.7 million homes with electric storage heaters.
It has struck a partnership between its intelligent grid technology company Kaluza and Glen Dimplex Heating and Ventilation and will start installing smartgrid enabled storage heaters and radiators into customers homes.
Dimplex has a 90% share of the UK electric storage heating market.
Ovo said the UK’s 1.7m storage heaters could provide 12GW of flex.
Read more via The Energyst’s sister title, New Power.
Related stories:
Mitsubishi takes 20 per cent stake in Ovo, plots V2G and smart homes push
SSEN to bring households into DSR this summer
Domestic DSR: Social Energy lands first MW FFR contract, eyes much, much more
National Grid focuses on bringing EVs, small firms and households into flexibility
Click here to see if you qualify for a free subscription to the print edition or to renew.
Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.
Leave a Reply