Depsys – which focuses on analytics and intelligent management solutions for electrical grids – has hired Philippe Grosjean as chief technology officer.
European in-car payment app ryd – which offers payment services including for electric vehicle (EV) charging – has received a €10 million (£8.6 million) investment from BP Ventures.
Power prices in Britain have spiked dramatically, with day-ahead auctions clearing at £731/MWh for today's evening peak amidst what industry analysts have labelled a "perfect shoulder month storm".
Ofgem has outlined how it will take a balanced approach to enabling electric vehicles (EVs), including establishing price incentives and enabling market solutions to encourage smart charging.