Innogy Ventures invests in mobility data firm Teralytics
Innogy Ventures has invested in mobility data specialist Teralytics, contributing towards the firm’s US$17.5 million funding round.
Overview
The death toll for petrol: ‘Irresistible’ economics of renewables and EVs spells doom for oil
The oil and gas sector has been put on notice by global bank BNP Paribas, which has warned them in a new report that the “irresistible” economics of combining renewables with EVs is “the death toll for petrol”.
DCC eyes smart meter innovation, ramped-up rollout with five-year plan
The Data Communications Company (DCC) has published a new five-year plan which it hopes will facilitate greater innovation and an accelerated rollout of smart meters.
Ofgem proposes to approve £75m in DNO funding requests
Ofgem has opened a consultation on 12 requests for funding adjustments totalling £322 million under the RIIO-ED1 price control.
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National Grid ESO pens deal for real-time system inertia measuring
National Grid ESO has signed an agreement with energy tech firm Reactive Technologies for measuring system inertia in real-time.
SPEN to launch ‘most advanced’ 3D digital modelling of network
SP Energy Networks (SPEN) is to launch what it claims is the most advanced 3D digital modelling of the UK’s electricity grid.
Government urged to ‘flesh out’ plan of action in Clean Growth Strategy update
An update to the Clean Growth Strategy outlining policy for net zero is needed, the Aldersgate Group has said.
Coal closures continue as RWE shutters 1.56GW plant
RWE is to close its 1.56GW Aberthaw B coal-fired power station in March 2020, taking the UK’s operational coal fleet down to four.
BP bolsters global EV charging footprint with new network deal
BP is to expand its international EV footprint, striking a deal with Chinese firm Didi Chuxing (DiDi).