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Kraken now orchestrates over 2GW of power from EVs, home batteries, and heat pumps, creating one of the world’s largest and most advanced residential virtual power plants (VPPs).
Kraken has connected to over 500,000 devices, managing 2GW of power, including EVs, heat pumps, solar panels, home batteries and smart thermostats, which the platform manages in real time.
The domestic flexibility service sits alongside Kraken’s optimisation of large assets, such as grid-scale battery sites. Kraken powers around half of the UK’s grid-scale batteries through a broad network of partnerships with utilities, energy suppliers, and traders.
By charging and heating when energy is cheapest and cleanest, Kraken says their tech is saving consumers over $200 million a year – while reducing emissions and easing pressure on the grid.
A VPP flattens peak electricity demand, supports local congestion management, and helps balance the overall electricity system by automatically scheduling charging and heating – charging EVs and heating homes when grid demand is low and energy is more abundant, cheaper, and greener.
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Amir Conrad, Kraken CEO, commented on the milestone on social media platform Linkedin:
“This is what the future looks like: smart, clean, distributed and working.
“It isn’t just a big number but a hard proof that consumer-led energy can be smarter, cleaner and more valuable.
“Can’t wait for the next milestone as we work hard to accelerate the energy transition further.”
The milestone is the latest growth announcement from Kraken. The company has recently expanded through new partnerships with E.ON Next in the UK and MAINGAU Energie in Germany.
Wren White, Kraken’s general manager of Residential Flexibility, said in a release: “We’re building an energy system that’s not only cleaner and smarter, but truly consumer-led.
“This is an energy transition with and for the consumers – empowering households to drive change, cut costs, and support a more resilient grid, every day.”
Kraken is also a co-founder of the Mercury Consortium. The public-private initiative was set up to establish a “Bluetooth for energy” – setting a common framework for the integration of devices such as EVs, heat pumps, home solar and batteries into the grid.
