Believed to be world’s largest residential Virtual Power Plant (VPP), Kraken now orchestrates over 2GW of power from EVs, home batteries, and heat pumps, and manages the equivalent peak demand of 3.5 million homes.

As Octopus mulls spinning off of its Kraken platform, the company has announced that Kraken is now connected to over 500,000 devices, managing over 70 million accounts and over 40GW of power from offshore wind to grid-scale batteries as well as over 500,000 connected consumer devices. Kraken has also recently expanded through partnerships with E.ON Next in the UK and MAINGAU Energie in Germany.

A VPP helps flatten 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.

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