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In our next phase , we are planning to scale at speed by growing our team internationally as we continue to expand our services beyond the UK . This is the right moment to rollout OakTree Power ’ s solution with greater ambition , as we now have the right talent working with us and are actively recruiting exceptional people that want to make a difference .

Moreover , our investors and clients simply love our product , which only tells us that the next 12 months will be very exciting .

What are some of the key challenges your customers are experiencing and how does your technology help them to address these challenges ?

On one side , we have owners of commercial buildings on their knees due to increasing energy prices . On the other , we , as a country , are struggling to meet ambitious net zero targets .

We appreciate that every penny counts when it comes to today ’ s energy bills and that any amount of energy that can be saved in buildings can be crucial to reaching net zero emissions and that is why we ’ re putting forward Demand Side Response ( DSR ) – a technology that sits at the centre of everything .

With DSR , businesses owning commercial properties can identify the electricity that is not essential to their performance and intelligently modulate it . Moreover , they get financially rewarded for contributing .

The beauty of the balancing response programmes is that there aren ’ t upfront costs to participate . For no capital investment , OakTree Power works through companies ’ existing energy suppliers , utilising their current infrastructure to generate a predictable annual recurring revenue stream . The only thing businesses need is to have or seek to have the ability to curtail consumption of electricity to provide a demand-side resource to the local or national grids .

Can you share any examples of completed / ongoing projects and the benefits realised ?

We are working with a number of clients in London to reduce their overall energy consumption and ensure they are in line with the UK ’ s net zero target . To give you an idea of the savings we are helping these businesses achieve – an average commercial building in London is projected to save 112,500 kg of CO ₂ and £ 112,500 in energy savings , coupled with a projected earning of £ 32,000 . In addition , the solution is set to reduce otherwise inaccessible carbon emissions by over 50,000kg every year across the 200,000 square feet building .

How does your DSR technology help businesses to generate new revenue streams while also reducing energy consumption ?

We install non-invasive IoT controllers in commercial buildings – old or new . These smart devices then start learning the building ’ s electricity use and vitally , true requirements , so that our proprietary Artificial Intelligence technology can automatically modulate usage for short periods .

OakTree Power takes care of everything and helps businesses avoid overpaying for the electricity they don ’ t need and creating a new revenue stream while helping make up the energy shortfall at times of grid stress when supply and demand are not evenly matched .

How can SMEs with less available budgets than enterprise counterparts take steps towards a more green and sustainable future ?

With 20 million SMEs in Europe and around 40,000 large companies , it ’ s safe to say that a collective impact is much more significant . SME enterprises might have less available budget to make sustainable statements , but if they

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THERE ARE COUNTLESS INITIATIVES THAT ALLOW SMALLER COMPANIES TO BE MORE RESPONSIBLE .