Oct 16, 2026 · 13 min · 5 segments
Last episode I told you Google’s parent company paid billions for Intersect Power. This time I have another data point, and it’s arguably more exciting, because it isn’t a tech giant making a bet…
James ManzerHost
Substations and circuits where peak demand is pushing up against capacity limits.

In the old world, which is also, let's be honest, the world we've been living in for about a century, the answer to that problem is expensive and it's slow.

Instead of building infrastructure to these neighborhoods, you activate the infrastructure in those neighborhoods.

You dim the lights in commercial buildings for two hours on a hot August afternoon.

You aggregate all of that into what effectively functions as a power plant, except this one has no smokestacks, it has no fuel costs, and was largely already paid for by the people using it.

And for years, utilities have run small, clunky, one-off programs to procure them.

The problem was that these programs were opaque, They're hard to access and heavily siloed.

If you were a company with one megawatt of battery storage, you couldn't participate in a program that required a three megawatt bid.

If you operated in Massachusetts, you'd have to build an entirely separate relationship with the utility in Connecticut.

What Piclo did is they took all of that fragmentation and fixed it with a single platform.

They built the equivalent of an eBay for grid flexibility, a place where utilities post their needs and the market responds.

Substations and circuits where peak demand is pushing up against capacity limits.

In the old world, which is also, let's be honest, the world we've been living in for about a century, the answer to that problem is expensive and it's slow.

Instead of building infrastructure to these neighborhoods, you activate the infrastructure in those neighborhoods.

You dim the lights in commercial buildings for two hours on a hot August afternoon.

You aggregate all of that into what effectively functions as a power plant, except this one has no smokestacks, it has no fuel costs, and was largely already paid for by the people using it.

And for years, utilities have run small, clunky, one-off programs to procure them.

The problem was that these programs were opaque, They're hard to access and heavily siloed.

If you were a company with one megawatt of battery storage, you couldn't participate in a program that required a three megawatt bid.

If you operated in Massachusetts, you'd have to build an entirely separate relationship with the utility in Connecticut.

What Piclo did is they took all of that fragmentation and fixed it with a single platform.

They built the equivalent of an eBay for grid flexibility, a place where utilities post their needs and the market responds.
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