Stem Testifies to U.S. House
Washington, D.C. — September 26, 2017 — On September 26, 2017, Stem Chief Commercial Officer Karen Butterfield was invited to testify to the House Energy and Commerce Committee’s Energy Subcommittee and its “Powering America: Technology’s Role in Empowering Consumers” hearing. Ms. Butterfield’s testimony discussed Stem’s real-world experience using artificial intelligence (AI)-driven energy storage to engage consumers in the modernization of our electric infrastructure. The testimony was met with strong bipartisan interest; watch the recording here.
The following day, Stem Policy Director Ted Ko presented to the House Energy Storage Caucus regarding how Stem forms AI-powered storage systems into virtual power plants to help diversify resources on the electric grids, mitigating risk and improving resilience.
About Stem, Inc.
Stem creates innovative technology services that transform the way energy is distributed and consumed. The company’s mission is to build and operate the largest digitally connected energy storage network for our customers. Our world class analytics optimize the value of customer’s energy assets and facilitate their participation in energy markets, yielding economic and societal benefits while decarbonizing the grid. Headquartered in Millbrae, California, Stem is funded by a consortium of leading investors including Angeleno Group, Iberdrola (Inversiones Financieras Perseo) GE Ventures, Constellation Technology Ventures, Total Energy Ventures, Mitsui & Co. LTD., RWE Supply & Trading, and Mithril Capital Management. Visit www.stem.com for more information.