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.
Trina Solar, one of the world’s largest solar panel manufacturers, is to start selling electricity under the banner of a new energy Internet of Things push.
Statoil has announced it is to rebrand itself as Equinor as the Norwegian energy giant looks to ditch connotations with fossil fuels.
German energy giants E.On and RWE have reached an agreement on a major exchange of business activities, promising a significant shake-up of the duo’s energy interests.
Furniture giant IKEA is to help its customers go green and save money through a new partnership with the Big Clean Switch.
Germany’s Next Kraftwerke is bringing to market a new product that allows energy companies to establish their own virtual power plants.
Flexibility aggregator Limejump has strengthened its leadership team and boosted its headcount as it prepares to scale-up its operations.
Blockchain has received the backing of a powerful coalition of energy companies and trading houses who have announced plans to create and invest in a new venture develop a blockchain-based digital platform for energy commodities trading.
UPDATE: SSE and innogy owner nPower have confirmed that, subject to Competitions and Markets Authority (CMA) approval, the two companies are to merge to create "a major new independent competitor in the energy and home services market".
Disruption caused by cyber attacks and the rise of greater decentralised generation pose of the greatest risks to traditional utilities, analysis by consultancy firm EY has concluded.
Water utility Severn Trent has set its sights on developing around 20MW of demand flexibility by 2020, enlisting flexibility provider Open Energi to help with the process.
Large incumbents such as the ‘Big Six’ utilities have a dominant and undue influence over UK energy policy, potentially holding back a clean power transition, a new report has claimed.
Global energy giants E.On and Enel have combined to trade power via a new blockchain-powered marketplace for the first time.
French energy major EDF has pointed towards a future more renewable after collapsing nuclear power prices in the UK sent its earnings down by one-fifth.
Dale Vince has said his company’s interest in obtaining seats on the board of rival Good Energy is down in part to ‘unjustifiable’ contracts exchanged between the supplier’s chief executive Juliet Davenport and her husband.
Renewable energy utility Good Energy has partnered with telecoms provider BT in a bid to grow its domestic customer base.
Renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
Renewables and distributed generation the ‘new power reality’ for utilities
German energy giant E.On has set its sights on being one of the “pacesetters” of the digitalisation of the energy market as it looks to evolve following the spinoff of its nuclear business.
Households switching to smaller energy suppliers in the UK is on the rise, according to figures published by UK Energy.