The growth potential of energy storage has drawn interest from some of the biggest names in energy and beyond. With the trend set to continue, Andy Colthorpe explores how three of the recent targets are faring under new ownership.
Having dominated the energy supply market since it was privatised in 1990, UK energy retailers have witnessed their market share slide from north of 99% to 75%, and that rate only looks to increase. In the first of a series of long read articles to be published over the summer examining how the energy transition is impacting the supply market, Liam Stoker investigates the role home solar and storage systems are playing.
Energy tech firm Kaluza and battery storage manufacturer sonnen have penned a new partnership to introduce new flexibility onto the UK’s grid.
Oil and gas major Shell has outlined an overhaul of its company strategy as it bids to take advantage of worldwide electrification.
Centrica has completed the installations of 100 domestic batteries in Cornwall as part of its Local Energy Market (LEM) trial.
Shell Energy said its decision to rebrand was a “line in the sand” as it pledged to kick-start a consumer-facing revolution in the supply market.
Shell has rebranded First Utility as Shell Energy and switched all of its residential customers to 100% renewable power as it places the UK supply market firmly in its crosshairs.
German battery storage firm sonnen is expecting to benefit from synergies from more companies within Shell’s New Energies unit as the energy transition accelerates.
Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position.