Cleantech Company Themo Developed a Unique Smart Thermostat Technology That Allows Electrically Heated Premises to Earn Money by Participating in Balancing the Grid

Themos technology can control many relatively low-power, standard electric heaters with a fast response time.We have successfully verified the operation of 1 MW of power mass under test conditions organized by Fingrid. In addition, Fingrid will pay a compensation based on marginal pricing," says Uuemaa.Intelligent and rapidly adjustable electrical innovations like Themo are key to the transition from fossil fuels to more sustainable energy solutions. The technology developed by Themo is an important part of future smart electricity grids," says Joonas Rantala, Sales Director at Themo.Themos b2b customers, such as Sato, Y-Foundation, Asuntos\xe4\xe4ti\xf6, rental housing companies owned by the largest Finnish cities, Holiday Club resorts, and some other companies offering rental housing and other types of accommodation or care services participated in the approved test. The aim is to manage 60 MW by the end of 2026.In addition to passing Fingrids reserve market regulation test, Themo also secured EUR 1.3 million in growth funding for product development. For a large rental property operators or hotels, financial savings can amount to tens of thousands of euros.The lead investor in the funding round is Sunly, an Estonian company investing in renewable energy and modern technology.