Verv has completed the UK’s first energy trade using blockchain technology as part of regulator Ofgem’s Sandbox initiative to test innovative services and business models not possible under current regulation.
BP has pledged to follow an energy transition strategy “resilient to a broad range” of scenarios, refusing to bow to pressure against its gas activity and holding up its acquisition of a stake in a solar developer as evidence of its low carbon activity.
Electron has promoted Paul Massara to the position of chief executive as the blockchain tech company prepares to grow in both the UK and internationally with new investment.
Newcastle University is to be home to what could be the UK’s first public 175kW electric vehicle chargers under a new project with Dutch charging firm Fastned, which has won a tender from the North East Combined Authority (NECA) and the university.
Eelpower has secured a £20 million investment from Gravis Capital Management to build out its pipeline of permitted energy storage sites and pursue new development opportunities.
Oil and gas giant Shell has revealed how it plans to adapt to the low carbon energy transition in the coming years, explaining how it intends to work backwards from the consumer while embracing renewables.
BayWa r.e. has launched a new energy technologies division for the venture capital market, looking to fund the early development of startups working on new digital solutions, storage and e-mobility.
