Kaluza’s Marzia Zafar examines how legacy software systems are adding costs and complexity to the operation of energy retailers, asking what the risk of not replatforming is?
Tech
Modo Energy secures £3.2m to expand Asset Success Platform
Modo Energy has secured £3.2 million in its pre-Series A funding round as it looks to expand its Asset Success Platform across Europe and broaden its British offering.
National Grid ESO eyes domestic demand shifting following initial trials
National Grid ESO is eyeing increased demand side response, helping to keep the grid balanced and providing consumers with a route to cut their bills.
WPD to enable ‘quick and affordable’ low carbon heat connections with new strategy
Western Power Distribution (WPD) has published what it has described as its most ambitious low carbon heating strategy, showing how it plans to connect domestic low carbon heat technologies (LCT).
Origami sells legacy DSO consultancy to Baringa as it focuses in on core technology offering
Origami has sold its legacy Distribution Systems Operator (DSO) consulting business to Baringa as it continues to strategically focus in on its core technology platform offering.
SSEN automates network in Oxfordshire to allow it to ‘self-restore’ supply
Scottish and Southern Electricity Network (SSEN) has installed technology designed to ‘self-restore’ electricity supplies in the event of a power cut.
Legal & General invests further £8m in the Kensa Group as focus on heat pumps grows
Legal & General Capital (LGC) has invested a further £8 million in heat pump manufacturer the Kensa Group, to allow it to continue to scale up its ground source heat pump development.
'Sizeable opportunity' in data sharing, ESC says as Offshore Energy Data Strategy Taskforce releases recommendations
Recommendations have been made by the Offshore Energy Data Strategy Taskforce to help create the conditions for better data sharing and ultimately digitalisation.
GridBeyond to optimise the City of York’s EV HyperHub
GridBeyond has been selected by City of York Council to manage its new electric vehicle (EV) charging ‘HyperHub’.
Connected Energy secures £15m to scale second life storage solution
Connected Energy has received £15 million from five new major investors, with the company now to scale up its technology and operations.