Kraken Hits 2GW! Groundbreaking Residential Virtual Power Plant Believed to be World’s Largest

  • Kraken’s managed consumer assets now total over 2GW of power, with over 500,000 devices connected

  • EVs, batteries, and heat pumps coordinated using AI – delivering over $200 million in estimated annual savings for consumers

  • Believed to be world’s largest and most advanced residential Virtual Power Plant, manages the equivalent peak demand of 3.5 million homes – a city the size of London

London – 16th July 2025

Kraken – the AI-powered operating system for the energy transition – now orchestrates over 2GW of power from EVs, home batteries, and heat pumps, creating one of the world’s largest and most advanced residential Virtual Power Plants (VPPs). This milestone cements Kraken’s position as the global leader in residential flexibility.

A VPP flattens peak electricity demand, supports local congestion management, and helps balance the overall electricity system by automatically scheduling charging and heating – charging EVs and heating homes when grid demand is low and energy is more abundant, cheaper, and greener. The result: a more resilient, flexible energy system built for an electricity-hungry modern world.

Kraken has connected to over 500,000 devices, managing 2GW of power, including EVs, heat pumps, solar panels, home batteries and smart thermostats, which the platform manages in real time. By charging and heating when energy is cheapest and cleanest, Kraken is already saving consumers over $200 million USD a year – while reducing emissions and easing pressure on the grid.

As the adoption of low-carbon technologies accelerates, consumers are becoming active participants in a more resilient, flexible energy system. Each electric vehicle is not just transport – its battery holds enough energy to power a home for days. By intelligently shifting demand and supplying power when it matters most, these devices help lower peak demand, reduce emissions, and strengthen the system against outages.

Kraken has recently expanded through new partnerships with E.ON Next in the UK and MAINGAU Energie in Germany – who join others, like Octopus Energy, in bringing intelligent demand management to millions more homes across Europe.

The domestic flexibility service sits alongside Kraken’s optimisation of large assets, such as grid-scale battery sites. Kraken powers around half of the UK’s grid-scale batteries through a broad network of partnerships with leading utilities, energy suppliers, and traders, enabling seamless route-to-market for battery sites.

Kraken is accelerating the adoption of low-carbon technologies, as a co-founder of the Mercury Consortium. The public-private initiative was set up with the goal of establishing a “Bluetooth for energy” – setting a common framework for the integration of devices such as EVs, heat pumps, home solar and batteries into the grid, no matter the manufacturer or energy provider.

Wren White, Kraken’s General Manager of Residential Flexibility, said: “We’re building an energy system that’s not only cleaner and smarter, but truly consumer-led. This is an energy transition with and for the consumers – empowering households to drive change, cut costs, and support a more resilient grid, every day.”

About Kraken

Kraken is the world’s only proven, end-to-end platform for utilities’ digitalisation and transformation, trusted by global energy giants like EDF Energy, E.ON Next, Octopus Energy, Origin and Tokyo Gas.

Headquartered in London and New York, Kraken manages over 70 million accounts, over 40 GW of power – from off-shore wind to grid-scale batteries – and over 500,000 connected consumer devices, such as electric cars and charging stations.

The platform’s advanced data, AI and machine learning capabilities automate much of the energy supply chain to allow outstanding service and efficiency. These advances have redefined the utilities sector, driving a 30-fold increase in new product innovations for partners, top consumer rankings and hundreds of millions of dollars in operational savings. 

Kraken’s cloud-based architecture is uniquely adaptable and scalable, proven by an unparalleled track record in seamless, extremely fast, on-time migrations and enabling its successful expansion into water and other verticals.