• Edit
DateInvestorsAmountRound
-

N/A

-
N/A

£1.0m

Seed
*
N/A

£2.5m

Seed
Total Funding€4.2m

Recent News about OakTree Power

Edit
More about OakTree Powerinfo icon
Edit

OakTree Power is a forward-thinking company that helps businesses reduce their electricity costs and carbon emissions while generating additional revenue. The company operates in the energy management sector, specifically focusing on Demand Side Response (DSR) technology. DSR is a system where electricity consumers adjust their usage in response to supply conditions, helping to balance the grid and prevent blackouts.

OakTree Power serves a diverse range of clients, primarily targeting organizations with commercial buildings and properties across various sectors. These clients benefit from OakTree's technology, which is installed at no cost to them. The technology is housed in a small cabinet that connects the facility to OakTree's network, enabling it to participate in DSR programs.

The business model is straightforward: OakTree Power installs its technology in client facilities for free and then manages their electricity consumption. When the electricity grid is under stress, OakTree adjusts the client's electricity usage, which helps balance the grid. In return, the grid operators pay OakTree for this service. OakTree then shares a portion of this revenue with the client, providing them with a new income stream.

OakTree Power makes money by receiving payments from electricity network companies for providing flexible load services. This not only helps the grid but also allows clients to reduce their electricity bills by up to 5% annually without any upfront investment. Additionally, this service helps clients meet their net zero emissions targets, making it an attractive proposition for environmentally conscious organizations.

In summary, OakTree Power offers a win-win solution for businesses looking to cut costs, generate revenue, and reduce their carbon footprint. By leveraging DSR technology, OakTree Power creates value for both its clients and the broader energy grid.

Keywords: Demand Side Response, energy management, electricity savings, carbon reduction, revenue generation, commercial buildings, no capital outlay, grid balancing, flexible load, net zero targets.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.