Digital Innovations in Energy

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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The NYPA has finalised on 20 AI technology companies which will submit proposals to leverage data analytics to optimise the management of energy generation and transmission assets. On approval of their contracts, companies will receive approximately €8.4 million to advance the NYPA’s clean energy transition and climate action goals.
  • August 16, 2021
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