Wattstor announces the appointment of Stephan Marty as new Chief Executive Officer

Stephan Marty is new Wattstor CEO

Wattstor is delighted to announce the appointment of Stephan Marty as new Chief Executive Officer.

With over 20 years of experience in the energy industry, Stephan is joining Wattstor with the mission to take advantage of the company’s leading expertise and technology and turn it into the market leader for optimisation of batteries, distributed energy resources and smart loads in increasingly smart and renewables-driven behind-the-meter environments. Wattstor’s energy management technology and well-integrated battery storage assets already empower commercial, industrial and local energy community sites to optimise on-site energy resources for maximum sustainability and economic impact.

Stephan joins Wattstor from his role as Chief Commercial Officer at Kiwi Power. There he set up and ran the Kiwi’s global Virtual Power Plant (VPP) Software-as-a-Service (SaaS) business. He has extensive experience in the distributed energy resources space as well as in entering markets and growing businesses to a leading position.

Commenting on the announcement, Stephan said:

“I am very excited to join the dynamic team at Wattstor. Together we make a difference by combating climate change and making energy costs more affordable. I have been in the energy industry for a long time and we have seen dramatic change over the last decade. However, this was nothing compared to the change that still has to happen over the next 10-20 years. There is much to do to fulfil our society’s goal of becoming CO2 neutral. Wattstor is very well placed to play a key role in these exciting times and I look forward to contributing to its success.”

Stephan plans to grow the team at Wattstor to meet the needs of commercial and industrial businesses across the UK and Europe. He plans to bring onsite energy storage and optimisation to new audiences.

Why energy storage is important

Commercial and industrial companies deploy onsite energy storage for peak demand management, load shifting, and enhanced grid resilience. These systems optimize energy costs by storing electricity during off-peak hours and releasing it during high-demand periods, reducing overall expenses. Onsite energy storage supports the integration of renewable energy sources, ensuring a reliable power supply even during grid outages.

Additionally, it provides backup power, voltage support, and improved power quality, benefiting sensitive industrial equipment. Participating in demand response programs becomes feasible, offering financial incentives. Overall, onsite energy storage enhances operational efficiency, reduces carbon emissions, and fosters sustainability, aligning businesses with cost-effective and environmentally conscious energy management practices.

Stephan Marty new Wattstor CEO