Power electronics giant Hitachi has acquired ABB’s power grids business in an $11 billion (£8.7 billion) deal which has been described as a "turning point" for the energy transition.
British retailer Marks & Spencer has partnered with asset owner and clean energy supplier Octopus, outlining a bold ambition to “transform” the energy market.
A more resilient and reliable energy network will be crucial to support the UK’s digital infrastructure as smart cities become more prevalent, a new report has argued.
Centrica has blamed “weak” performance in 2017 and cuts to as many as 4,000 jobs on political and regulatory pressure, but backed its emerging strategy to succeed in the long-term.
