Speeding the Energy Transition
March 8, 2022

Thomas Folker, CEO of Leap Energy | The One-Stop Shop for Grid Services Ep.76

Thomas Folker, CEO of Leap Energy | The One-Stop Shop for Grid Services Ep.76

Thomas Folker describes Leap as the Stripe for energy. 

The same way that Stripe provides the infrastructure for online payment processing, Leap allows anyone with energy resources (battery or EV companies, for example) to connect to the grid and trade energy as if they were a power plant.

In other words, Leap is a one-stop shop for grid services.

Thomas is the Cofounder and CEO of Leap Energy, a virtual power plant that connects EV, solar storage, battery and smart thermostat companies to the grid. To date, Leap serves customers in California, Texas and New York, with plans to expand and decarbonize electric grids across the US and internationally. 

On this episode of Clean Power Hour, Thomas joins Tim to share his  background building wind farms in the Netherlands and explain how he realized the value in selling grid services to utilities.

Thomas walks us through the concepts of demand response and demand flexibility, describing what differentiates Leap from traditional DRMS.

Listen in for Thomas’ insight around the legislation that allows virtual power plants like Leap to exist and learn what Leap can do to make global energy markets accessible to you.

Key Takeaways

How Thomas developed an interest in renewable energy and grid services

Why the Dutch were early adopters of wind technology and what inspired Thomas’ move to the US

How Thomas realized the value in selling grid services to utilities

How Leap functions as a virtual power plant to connect EV, solar storage, battery and smart thermostat companies to the grid

Leap’s ideal customer and how the company makes money

The concepts of demand response and demand flexibility

What differentiates Leap from traditional demand response aggregators (DRMS)

The 3 markets where Leap is active now and Thomas’ plans to expand to all relevant US markets

The legislation in the US that allows virtual power plants like Leap to exist

How Thomas navigates friction with utility companies (e.g.: the net metering fight in CA)

Connect with Thomas

Leap Energy 

Leap on Twitter

Leap on LinkedIn

Connect with Tim  

Clean Power Hour  

Clean Power Hour on YouTube

Tim on Twitter

Tim on LinkedIn 

Email tgmontague@gmail.com 

Review Clean Power Hour on Apple Podcasts

Resources

Enphase 

California Independent System Operator

ev.energy

EV Connect

Stem

Sunnova

Sunrun

GridPoint

EnergyHub

Resideo

Federal Energy Regulatory Commission

Electric Reliability Council of Texas

Sponsor

Clean Power Consulting Group

The Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Please subscribe on your favorite audio platform and on Youtube: bit.ly/cph-sub | www.CleanPowerHour.com | contact us by email:  CleanPowerHour@gmail.com | Speeding the energy transition!