German power giants RWE and E.On confirmed they have reached a contractual agreement for their proposed major asset exchange, but a late expression of interest from Macquarie could yet scupper the deal.
OVO Energy has launched a suite of “revolutionary” products under its proprietary digital intelligence platform, including what has been called the world’s first widely available domestic vehicle to grid (V2G) charger.
Ofgem is to consider Scottish Power’s proposal to create demand side response (DSR) technology classes intended to apply new de-rating factors to energy storage used as part of DSR bids into the Capacity Market in 2019.
Verv has completed the UK’s first energy trade using blockchain technology as part of regulator Ofgem’s Sandbox initiative to test innovative services and business models not possible under current regulation.
BP has pledged to follow an energy transition strategy “resilient to a broad range” of scenarios, refusing to bow to pressure against its gas activity and holding up its acquisition of a stake in a solar developer as evidence of its low carbon activity.
Electron has promoted Paul Massara to the position of chief executive as the blockchain tech company prepares to grow in both the UK and internationally with new investment.
Newcastle University is to be home to what could be the UK’s first public 175kW electric vehicle chargers under a new project with Dutch charging firm Fastned, which has won a tender from the North East Combined Authority (NECA) and the university.
Global utility majors continue to optimise for clean power sector as UK Enhanced Frequency Response (EFR) battery project nears completion.
Wind generation toppled several records in Q1 2018, contributing towards a record high of 25TWh of renewable generation.
Eelpower has secured a £20 million investment from Gravis Capital Management to build out its pipeline of permitted energy storage sites and pursue new development opportunities.
Oil and gas giant Shell has revealed how it plans to adapt to the low carbon energy transition in the coming years, explaining how it intends to work backwards from the consumer while embracing renewables.
It is increasingly difficult to dispute the importance of energy storage to the future of society – and the power sector in particular. Bo Normark, thematic leader of smart grids and electric storage at InnoEnergy, argues that power providers and utilities need to educate themselves on the new reality and adapt to a new role in the future energy ecosystem.
BayWa r.e. has launched a new energy technologies division for the venture capital market, looking to fund the early development of startups working on new digital solutions, storage and e-mobility.
Four of the world’s leading electricity associations have today urged policy makers to support the “profound transformation” occurring within power networks across the globe.
British Petroleum (BP) is to trial battery storage systems at one of its US wind farms as part of a pilot project designed to provide “valuable insights” for a possible wider deployment initiative.
Transmission system demand is forecast to dip to new lows this summer, but National Grid has once again insisted it has the tools necessary to manage.
The government is preparing to procure the services of a private fund manager to raise £200 million in support of its electric vehicle charging infrastructure fund announced as part of November’s Budget.