Laying the Foundation of tiko Energy Solutions

tiko Energy Solutions was founded in 2012 just after the Fukushima accident. Swisscom, one of tiko’s investors and the employer of tiko’s co-founders at the time, was asked to contribute to the energy turnaround in Switzerland with the goal of producing 100% of the country’s energy from renewable sources, thus preventing similar nuclear accidents.

There was an understanding that the disruption in the energy industry would require a change from a centralized supply to a decentralized world with distributed energy resources. These resources would have to be managed and integrated into the balance between energy supply and demand. This was tiko’s starting point.

tiko began by developing solutions that could connect existing residential devices like batteries, heat pumps, direct heating systems, and electric car charging stations, irrespective of their brand or age. The company strongly believes that individuals need to change the way they consume energy, and that people already have the resources to do so at home.

Surplus energy leads devices connected to the tiko platform to start working a little earlier than their usual cycles would dictate.tiko advocates that everyone should be given the means to change and that only “Together we’re stronger”.

Conquering All Changes and Coming Out on Top

The first challenge that tiko faced was to build trust, as their solution was ground-breaking and the concept new and no one thought that it could be possible to provide highly secure, fast, and reliable grid stabilization products with decentral devices. Be that as it may, tiko became the first company that showed that it is possible to provide fast frequency response to Europe’s TSOs.

What came next was the challenge of building sustainable and valuable business cases with clients. tiko had to establish how their solution could enrich their clients’ portfolios.

Subsequently, after rigorously testing marketing, installation, and support approaches, tiko successfully delivered full-scope energy services to their clients to ascertain that they would benefit from their products, ensuring complete success.

Wielding a Transformative Vision in Today’s Global Market

The Home Energy Management System by tiko allows retrofits. Even customers who might rent an apartment that embodies old convectors are able to augment energy efficiency and comfort. This is innovative in itself. However, the prime mover is that they participate in the VPP and speed up the amalgamation of renewables in the world’s energy supply. This makes a difference.

The Virtual Power Plant and Energy Management System coalesce to make this solution unique. It leads to the creation of unique business models with grand security standards.

tiko’s Workforce at the Core of its Vision

From the hardware to the app, systems, and operations, all of tiko’s products are developed in-house. Tiko has high standards for its employees, who have the experience require to design and maneuver its product end to end every day.

tiko attributes its success to its talented employees and believes in that “together we are stronger.”

Core Products of tiko Energy Solutions

tiko Energy Solutions is the driving force behind Home Energy Management System (HEMS) connected to a Virtual Power Plant (VPP). tiko’s holistic approach makes them stand out from the competition.

The HEMS allows people to control and optimize a broad spectrum of devices from heat pumps to e-car chargers, PV systems, decentralized heaters, or residential batteries. The solution is fully expandable because clients can connect new devices as they acquire them. It also allows retrofitting, enabling customers with old devices to enjoy state of the art functionalities.

To top it all off, the HEMS is highly affordable when combined with tiko’s VPP. The engagement of end-customers in the VPP helps to stabilize the grid, thereby promoting the integration of renewable energy into the energy supply. Clients can also take advantage of the affordable HEMS because VPP revenues let them create unique business cases. tiko believes that this is a win-win for all which is the key to commercial success and thus higher adoption rates. High adoption rates mean that more people will controll the way they consume energy, which in turn will have a positive impact on the climate.

tiko’s Virtual Power Plants themselves are disruptive because the concept itself swaps dependencies between the power plants and the users. Users normally fully depend on power plants but VPPs depend on their users. The increase in the market share of renewables is accelerating this dependency swap.

Self-consumption optimization can also provide massive benefits. Instead of sending energy back and forth (PV overproducing and sending to the grid in the day, then the house taking from the grid at night), local self-consumption optimization can lower the required power plants’ size and reduce user costs.

Frédéric Gastaldo, CEO and Co-Founder
Roll Out the Carpet for Frédéric Gastaldo, CEO and Co-Founder

Frédéric Gastaldo has revealed in his successful career in the consulting, telecommunication, and manufacturing industries before becoming the co-founder and CEO of tiko Energy Solutions. He shaped the company based on his own belief that as people we can only give our planet a chance to reclaim its grandeur if we alter the way we consume energy.

The planet is weeping, and we need to act fast. In his words, “As global warming hits the planet in a matter of a couple of human generations, we have an incredibly short period for the entire system to adjust and avoid dramatic consequences.”

By establishing tiko, Frédéric Gastaldo committed to delivering technologies that can act on reducing CO2 emissions due to our energy consumption. tiko seeks to expand its grasp and reach out to new customer segments. The more devices tiko connects to its platform, the greater impact it will have on the environment.