Global oil and gas major BP is to “fundamentally re-organise” its business, establishing a new low carbon power unit and doubling down on clean investments in a bid to become net zero by 2050.
The electrification of transport, buildings and industrial sectors in Europe could cut greenhouse gas emissions of those sectors by 60% between 2020 and 2050, according to a new report.
Enel has signed a strategic partnership with software company Powel to use its smart energy management software for optimisation, marketing and trading.
BP’s VP of advanced mobility, Roy Willliamson, has blamed the speed of putting DNO infrastructure in place for slowing down the roll-out of ultra-fast chargers, whilst stressing the value of data in a digital economy.
Moixa has teamed up with energy solutions company Alfen to run a trial looking at the impact of smart charging on electric vehicle (EV) owners’ energy bills and carbon emissions.
BP Ventures is creating a portfolio of “complementary” investments, with artificial intelligence of interest to the company following its investment into R&B.