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Connecting electric devices to drive the energy transition
- Use Case
- /
- About Company
Tiko
Connecting electric devices to drive the energy transition
Label Date
December 9, 2020
Parent company
ENGIE
From
Switzerland
Maturity stage
TRL 9 / CRI 5-6 - Market competition driving widespread deployment &/"Bankable" grade asset class
With the tiko home energy management system (HEMS), the owner can optimize their electricity use, save energy, and lower their bills. Owners can also share their energy in communities and microgrids to locally consume, optimize, and share their energy. On top of that, devices can be aggregated together into a virtual power plant (VPP) where the owners can earn money by offering the flexibility of their devices on energy markets.
The Environmental Benefits
- •80 to 320 kg of CO2/year saved through energy savings
- •24 to 120 kg of CO2/year saved by the end-customer
The Financial Benefits
- •Payback time is 3-4 years
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Company Profile
tiko Energy Solutions AG
The energy revolution needs to come from the people, for the planet.
Headquarters
8004 Zürich, Switzerland
Type
Company
Parent company
ENGIE
Our group is a global reference in low-carbon energy and services.
Headquarters
92400 Courbevoie, France
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator tiko Energy Solutions AG has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.