Thomas Schulz, Co-Founder and COO of Entelios, presents the concept of reducing peak power applying Demand Response in Smart Grids at ECO11. Serving utilities and commercial companies with demand response means reducing the amount of peak power needed by managing the energy behaviour of consumers and producers over the network. Founded in 2010, Entelios is the German copycat of Enernoc in the US that went public in 2007 and currently has a market cap of $424M.

Entelios is funded by the German seed fund High-Tech Gründerfonds and Yellow & Blue from the Netherlands. Thomas explains that managing demand and supply of energy in a smart and realtime way contributes significantly to making our energy system more efficient. And it’s good business, too.

Tom agreed to share his Entelios Slides as PDF.

Ecosummit TV – ECO11 – Thomas Schulz – Entelios – Part 1

Ecosummit TV – ECO11 – Thomas Schulz – Entelios – Part 2

Tags: Demand Response, ECO11, Ecosummit 2011, Ecosummit TV, Energy Management, Enernoc, Engergy Efficiency, Entelios, High-Tech Gründerfonds, Smart Green City, Smart Green Economy, Smart Grid, startup, Thomas Schulz, Yellow & Blue