Phlit
Peter Larsen is the Chief Executive Officer at Phlit and a Board Member and Investor at Reel. Peter also holds positions as a Senior Advisor at CommodityFirst, Owner CEO at NESRALRETEP ApS, and Senior Advisor at Accenture. With a background in energy transition, commodity trading, and data analytics, Peter has extensive experience in strategic advisory roles. Peter also serves as an External Examiner at DTU and mentors student start-up teams at DTU X-Tech. Prior to their current roles, Peter held various leadership positions at Ørsted, Bybi, and Nordea Markets. Peter holds a PhD in Applied Mathematics and has a Master's degree in Engineering.
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Phlit
Phlit is a DTU-based start-up whose mission is to disrupt the clean tech industry by unlocking the flexibility of electrical drives - the largest global consumers of electricity. In particular, around a half of global electrical energy consumption is used for supplying electrical motors in applications such as pumps, fans and compressors. Currently, around 20% of these motors are connected to the power grid via variable speed drives (VSDs), which provide an opportunity to flexibly control them. Our mission is to smartly control these assets and unlock their vast cost-free flexibility - to improve their efficiencies at the individual level and to counterbalance the power grid volatility caused by the high penetration renewables by aggregating them with other flexible energy assets such as batteries, EV chargers, electrolyzers and others. Our technology has the potential to reduce yearly CO2 emissions by hundreds of thousands of metric tons in Denmark alone.