Voltus

Voltus

Manages virtual power plants and energy resources

About

Voltus operates in the energy sector by managing virtual power plants and distributed energy resources (DERs). The company helps clients, including businesses and homeowners, reduce their energy use during peak demand times through a process called demand response. This not only helps prevent blackouts but also allows clients to earn money and save on energy costs. Voltus has a strong track record, managing 5.8 gigawatts of DERs and executing over 7,500 dispatches to maintain grid stability. Unlike many competitors, Voltus offers a wide range of programs—60 in total—that optimize energy usage and financial returns for its clients. The goal of Voltus is to promote a sustainable and reliable energy system while providing tangible benefits to its customers.

Company Stage

N/A

Employees

201-500

Industries

Energy, Social Impact

Total Funding

$161.6M

Headquarters

San Francisco, California

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with Sparkion and Branch Energy enhance energy storage and demand management.
  • Expansion into residential markets with thermostat VPPs in PJM ComEd and NYISO PSEG-LI.
  • Strategic advisor Neil Chatterjee aids in navigating regulatory opportunities post-FERC Order 2222.

What critics are saying

  • Competition from other VPP operators like CPower may impact market share.
  • AI Adjuster integration could face data privacy and security challenges.
  • Expansion into new territories may encounter regulatory hurdles and local opposition.

What makes Voltus unique

  • Voltus operates virtual power plants, managing 5.8 GW of distributed energy resources.
  • The company offers 60 programs optimizing energy usage and financial returns for clients.
  • Voltus's AI Adjuster maximizes demand response revenue using real-time load flexibility predictions.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-4%

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