ThermoVaultoffers a software and hardware solution of electric energy services of residential thermal appliances, unlocking the most cost-effective form of energy storage, while simultaneously allowing for the integration of more renewables through aggregation. Its retrofit solution for existing water and space heaters results in direct energy savings for residential customers, as well as it's used to offer valuable services to utilities, plumbing companies, appliance manufacturers and system operators, transforming end-users into green, active and profitable stakeholders of the energy transition. The company currently controls over 1MW of storage. The pilots selected here include 2 communities of housing apartment buildings and will further expand to another group of social housing apartments.
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