electricity

Oil giant bp has acquired UK-based digital energy business Open Energi. The company’s digital platform uses real-time data to optimise the performance of energy assets. Open Energi will join the bp Launchpad portfolio, seeking opportunities to further scale the business globally and build on its strong commercial growth over recent years. bp will also explore how Open Energi can work internationally across its trading and shipping business and low-carbon portfolio.
  • August 27, 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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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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