OUC Plugs Into Orlando Energy Startup
Orlando Utilities Commission is testing an energy-saving product created locally by Capacitech Energy, Inc., a tech startup operating out of the UCF Incubation Business Program. The company’s PowerLink high-power energy storage technology is designed to improve the reliability and resilience of power grids by providing the necessary rapid response capacity to address fluctuations in usage. “The need for that is growing rapidly,” Capacitech CEO Joe Sleppy told Orlando Business Journal. “Our product is filling a gap that is growing due to the complexity of today's grid and microgrids. What Capacitech does is help make the grid healthier and more sustainable.” The partnership is being funded by the U.S. Department of Energy through Sandia National Laboratories, a research entity that supports federal, state and local government agencies, companies and organizations.
Orlando Business Journal