EnergyHub, an independent subsidiary of Alarm.com, announced on December 9, 2024, its acquisition of Kapacity.io, a European leader in heat pump optimization and flexibility. This strategic move is set to accelerate demand-side flexibility in Europe.
The acquisition will enable EnergyHub to expand its virtual power plant (VPP) initiatives beyond North America, leveraging Kapacity.io's expertise in European markets. Kapacity.io helps electricity retailers optimize heat pump energy consumption and provides grid balancing services.
This partnership is expected to broaden EnergyHub's partnerships with electricity retailers and heat pump manufacturers across Europe. The combined capabilities will unlock new opportunities for managing various distributed energy resources, contributing to a more efficient and decarbonized power grid globally.
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