Centrica is lauding a ‘world first’ as its Local Energy Market (LEM) enables National Grid ESO and Western Power Distribution (WPD) to simultaneously procure flexibility from the same platform.
Energy trading firm Erova Energy has boasted a surge in revenues, setting its sights on subsidy-free renewables and merchant battery storage as it looks to grow further.
Developers of local energy markets (LEMs) should take steps to future proof them in light of regulatory changes, the Energy Systems Catapult (ESC) said.
Battery asset optimisation firm Habitat Energy has landed a contract from Arlington Energy to manage a 40MW battery, as the former sets its sights on assembling a leading portfolio.
Toyota is to conduct the ‘world's first’ peer-to-peer (P2P) energy trading pilot to include EVs as a power supply, alongside The University of Tokyo and TRENDE.
Statkraft has launched a 1GW renewables, battery storage and flexible gas virtual power plant (VPP) in the UK and aims to double its capacity by the summer.
