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Leap, a New Startup Testing Blockchain, Takes 90MW Stake in California’s Distributed Energy Auction
Green Tech Media: California’s Demand Response Auction Mechanism (DRAM) has brought 700 megawatts of distributed energy resources into play over the past three years, with big companies and startups alike competing to deliver kilowatt-months of grid capacity at still-secret, but presumably competitive, prices.
This month, California’s big three investor-owned utilities announced the winners of the final round of DRAM auctions, revealing another stealth player taking a big stake in the state’s nascent distributed energy resource aggregation market — Leap.
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