Electra’s mission is to facilitate near-term climate impact by enabling the use of renewable resources for peak and baseload energy demands. Induction stoves represent a powerful way to introduce impactful battery capacity into homes in a way that benefits both individual users and the electrical grid as a whole. We're proud to say we design these 120v-compatible induction stoves right here in New York.
Unlike other battery-equipped stoves on the market, the Electra stove has a power outlet that enables anything plugged into it to be part of a virtual power plant program. The revenues from these programs go to the end users, incentivizing them to ensure an appropriate load is plugged in. 10000 stoves with refrigerators plugged into them is 5 megawatts of dispatchable capacity - these contributions to grid stability add up fast.
We believe induction stoves are the future of cooking, superior to gas stoves in heat time, temperature control, and air quality. Methane and VOCs produced by incomplete combustion of gas in gas stoves exacerbate asthma and other respiratory conditions which are more prevalent in the homes of our least financially privileged neighbors. Bringing the future of cooking, better indoor air quality, and a participatory role in the future of America’s electrical grid to these homes is good for the climate, good for the city, and good for those who have historically been left behind in disruptive technology transitions.