Next Thing Technologies aims to create a more affordable, modular, safe, and easier-to-install energy storage solution. Our residential energy storage unit is designed to pull and store electricity during off-peak hours when prices and energy consumption are lower and subsequently make that stored electricity available for use during peak hours thereby avoiding peak hour costs. Additionally, there are community and commercial applications as networks of the energy storage solutions work together to help offset grid instability. For example, Next Thing Technologies’ plans to seek partnerships with cities and grid operators, which would help them smooth out the mismatch between peak renewable energy production and energy usage. Every home in the world owns a refrigerator and we envision a future where at-home energy storage systems achieve a similar level of adoption among homeowners. Until that becomes a reality utility companies will have a need for grid energy storage. Our goal is to expedite the timeframe in which these adoptions take place.

Next Thing Technologies

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