May 10, 2022
SAN FRANCISCO, May 10, 2022 – Leap, a leading energy market access provider, announced today it was selected for the World Economic Forum’s 2022 Technology Pioneers list for its dynamic and market-driven approach to grid services that unlocks a more digitized, decarbonized, and resource-efficient future.
The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovations that are poised to have a significant impact on business and society. From among hundreds of candidates, Leap was selected as a Technology Pioneer based on the community’s selection criteria, which include innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.
Leap’s universal API and automated technology platform simplifies energy market participation for grid-connected loads and smart devices, including thermostats, electric vehicles (EV) chargers, battery storage systems, heat pumps, HVAC systems and more, making it easy for a wide array of DERs to respond to market pricing signals representing real-time needs of the electrical grid, while also unlocking new revenue streams. Leap's focus on cloud-connected and automated technologies means that end-customers can participate without taking any action themselves, bringing new loads and customers into the market.
With their selection as Technology Pioneer, Leap co-founder and CEO Thomas Folker will be invited to participate at World Economic Forum activities, events and discussions throughout the year. Leap will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.
“We’re excited to welcome Leap to our 2022 cohort of Technology Pioneers,” says Saemoon Yoon, Community Lead, Technology Pioneers, World Economic Forum. “Leap and its fellow pioneers are at the forefront of industries that are critical to solving some of our world’s most complex issues today. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.”
“We’re thrilled to be recognized as a pioneer by the World Economic Forum,” said Leap’s co-founder and CEO Thomas Folker. “As distributed energy resources continue to proliferate, it is essential that we effectively tap into the flexibility they can contribute to help build the decarbonized and resilient grid of the future. Our platform unlocks zero-carbon virtual power plants, which offers the flexibility needed to phase out polluting fossil fuel-powered peaker plants.”
The selected Technology Pioneer firms come from regions all around the world, creating a truly global community. This year’s cohort includes start-ups from 30 countries, with Vietnam, Rwanda and the Czech Republic represented for the first time.
The diversity of these companies extends to their innovations as well. This year’s Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The full list of Technology Pioneers can be found here.
All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers22
More information on past winners, information on the community and the application link can be found here.
Leap is the leading global platform for generating new value from grid-connected resources and devices through integration with energy markets. Leap does all of the heavy lifting, seamlessly connecting technology partners to high-value revenue streams and providing a simplified, automated access point for market participation with batteries, electric vehicle charging, smart thermostats, HVAC systems, industrial facilities, and other flexible assets. By making it easy for new distributed resources to participate in energy markets, Leap lays the groundwork for virtual power plants (VPP). Leap empowers its partners to provide resilient, zero-carbon capacity to the grid while strengthening engagement with their customers through new value streams. Contact Leo Traub email@example.com
About World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
About the Technology Pioneers
The World Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, the Technology Pioneer community is composed of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
The World Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.