Peak Power

Peak Power is a cleantech company specializing in energy management solutions for commercial real estate and industrial companies. The company's flagship software, Peak Synergy, optimizes energy use for battery energy storage systems, electric vehicles, and grid-interactive buildings. Peak Power's technology helps users minimize operational costs, reduce emissions, and sell energy back to the grid. The company's software platform, Synergy, uses Big Data and Machine Learning to forecast moments of peak demand on the grid, enabling customers to reduce electricity bills while helping utilities balance energy supply and demand. As of May 2023, Peak Synergy was deployed in over 13 million square feet of real estate across North America, operating in Ontario, New York, New England, Virginia, and California. Peak Power's energy storage solutions have been installed in various locations, including Toronto, New York State, and California. The company has developed a 4D Energy Strategy aimed at decentralizing, democratizing, digitalizing, and decarbonizing the energy industry. Peak Power's technology has demonstrated a 97% performance accuracy in calling peaks across its operational markets. In addition to its software solutions, Peak Power is actively developing over two GW of energy projects for the North American markets.

Key customers and partnerships

Peak Power has collaborated with Ontario utility Hydro One to launch a vehicle-to-home pilot program, turning up to 10 Nissan Leaf electric vehicles across Ontario into micro power plants. The company has also partnered with Starlight Investments to install energy storage systems at multiple sites, including a 2350kW / 4700 kWh system at Bloor Islington Place in Toronto, Ontario. This project, which reached commercial operation in 2018, has the potential to generate electricity bill savings of up to 25% by targeting peak demand charges. Peak Power has also installed a Tesla Energy Storage System at the Thomson Building in Toronto.