US Department of Energy
The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.
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Past deals in Hawaii
Shifted Energy
Grant in 2023
Shifted Energy develops software and controllers that convert electric water heaters and other household assets into flexible distributed energy resources for demand response. Its platform enables utilities and grid operators to stabilize the grid and accelerate renewable integration by preheating water to absorb excess renewables and delivering fast demand response. The product suite includes Grid Maestro, a virtual power plant for electric water heaters, and Tempo, a retrofit controller for water heaters. The platform can also integrate assets such as pool pumps, home batteries, solar inverters, and electric vehicle charging stations to provide multiple grid services. It serves utilities, distributed energy aggregators, building managers, homeowners, and renters. The company was founded in 2014 and is based in Honolulu, Hawaii.
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