Smart Innovation Østfold (SmartIO) hosts NCE Smart Energy Markets; Norway’s leading cluster of industries and academic institutions within Smart Grid and Smart Energy Market Research and Innovation. SmartIO develops smart and sustainable solutions through research-based innovation and business development. Emphasis is on techno-economic models and analysis, business intelligence, prosumers and user flexibility. It holds key competences in relevant and applied R&D, entrepreneurship, intrapreneurship and process development to cater for new businesses based on research results generated. Its history is rooted in a long tradition of cutting-edge energy-related developments, stemming from the Institute for Energy Technology (IFE) in Halden in the 1980s, including the world’s first ICT system for competitive energy trading in a deregulated electricity market (1991), and the world’s first ICT system for emissions trading (2005). SmartIO and the associated cluster have long traditions of creating energy related spin-outs around new products and technologies. These include software and engineering companies like Scandpower, Hand-El Scandinavia, CognIT, MoreCom, Communicate, Navita/Brady, Miriam, eSmart Systems, Tiny Mesh, and more. SmartIO is one of the founding partners of the Norwegian Smart Grid Centre and IoTSec-Security for the Internet of Things initiative. SmartIO is hosting the Smart Grid Security Centre in Norway.