Blog & News

PowerX, a Japanese company founded to spearhead innovation in offshore power development has announced the launch of its new product: a maritime vessel to carry electricity from offshore wind farms onshore. The company will also design and build a massive battery payload that will be integrated with the shipʼs controls to transport offshore wind power to shore.
  • August 25, 2021
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Ontario municipal utility, Alectra Utilities is piloting a customer energy marketplace with the launch of a transactive energy platform, GridExchange. Funded by Natural Resources Canada and in partnership with Sunverge, Savage Data, and FLO, GridExchange is a blockchain-based software platform that enables customers with distributed energy resources (DERs) such as solar panels, battery storage and electric vehicles to participate in an energy marketplace with Alectra.
  • August 23, 2021
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United Energy, an Australian electricity distributor will spearhead the country’s largest rollout of community-based batteries supporting highly targeted and localized needs later this year. The initiative will target United Energy’s network across Melbourne’s east, south east and the Mornington Peninsula. When complete, the fleet of batteries will be able to store the electricity needed to support 3,000 homes as part of an $11 million investment in new energy technology.
  • August 23, 2021
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Centrica, the UK’s largest supplier of zero-carbon electricity has signed a strategic partnership agreement with ENSEK, the leading global retail energy software-as-a-service provider, which will see it transfer over 7 million domestic and small business energy supply customers based in the UK to ENSEK’s digital platform.
  • August 21, 2021
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The UK’s National Grid Electricity System Operator (ESO) has announced that it will collaborate with Open Climate Fix (OCF), a non-profit startup co-founded by former DeepMind researcher Jack Kelly to use AI to improve the efficiency with which the grid forecasts solar generation. The new innovation project will see the ESO work with Kelly and his team to develop a first-of-its-kind solar ‘nowcasting’ service for its national control room.
  • August 21, 2021
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INEOS Energy, Wintershall Dea and a consortium of 29 companies, research institutes and universities based in Denmark have signed an agreement to support the next phase of the Greensand pilot project to demonstrate the safe and permanent storage of carbon dioxide.
  • August 19, 2021
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Ozop Energy Solutions, an energy solutions firm based in America has announced that it will deliver a 4MWh smart energy storage project in collaboration with Stem, Inc., a global leader in AI-driven energy storage services. Ozop Energy Solutions and Stem, Inc. hope to optimise their revenues from the state’s Value of Distributed Energy Resources (VDER) tariff that compensates energy companies for specific benefits their solutions provide to the grid.
  • August 19, 2021
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Reactive Technologies, an Anglo-Finnish company based on grid technology has successfully raised close to €12.8 million in their most recent fundraising round. Reactive Technologies will use the money to reach out to countries around the world experiencing rapid renewable energy growth and already beginning to manage the challenges of decreased grid stability caused by a loss of inertia.
  • August 18, 2021
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Western Power Distribution, an electricity supplier based in the UK has launched a new initiative to address consumer energy poverty by leveraging digital technology. At the heart of their initiative lies the usage of smart meters to collect accurate data on consumer usage and patterns. In addition to this, Western Power Distribution will collaborate with communities to transition to renewable energy deployment.
  • August 18, 2021
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The Australian Energy Market Commission (AEMC) has announced a number of reforms intended to make electricity grids smarter and integrate solar and battery power into power production. Power network companies will be responsible for making their businesses more efficient by digitalising electricity grids.
  • August 17, 2021
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