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Leap allows every connected device to help balance the grid, and get paid for it. Access wholesale markets through a single API and help build the flexible, renewable grid of the future. During peak hours when demand for energy is high, grid operators offer financial incentives to reduce energy use in order to balance the grid. Combined with other participants, those resources form a virtual power plant. Grid operators pay Leap's virtual plant just as they do for traditional power plants, and Leap pays its partners for participating.
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Company attributes
Location
B2X
-1
Number of Employees (Ranges)
51 – 200-1
Full Address
1700 Montgomery St., Suite 200 San Francisco, CA 94111
Hamburgerstraat 28A 3512 NS, Utrecht
Investors
Founded Date
April 2017
Total Funding Amount (USD)
10,600,000
Latest Funding Round Date
January 2020
Latest Funding Type
Other attributes
Company Operating Status
Active