EnergyHub Acquires Resideo Grid Services to Accelerate VPP Growth for Utilities

Core Insights - EnergyHub has acquired Resideo Grid Services, indicating a strategic move towards integrated energy resource management solutions [1] - The acquisition highlights a trend in the industry towards utilizing a single platform for managing distributed energy resources (DERs) as utilities expand their Virtual Power Plants (VPPs) [1] Company Summary - EnergyHub is recognized as a leading provider of grid-edge flexibility solutions [1] - Resideo Grid Services is noted for its expertise in demand response aggregation and program management [1] Industry Trends - There is a growing industry shift towards integrated edge distributed energy resource management systems (DERMS) [1] - Utilities are increasingly incorporating electric vehicles (EVs), batteries, and other resources into their Virtual Power Plants (VPPs) [1]