Octopus Energy has acquired energy software company Upside Energy, establishing a new tech hub in Manchester in a move to make the UK the ‘Silicon Valley of Energy’.
Upside Energy has become the first company to integrate battery assets into operational metering for the Balancing Mechanism, easing the path for smaller battery asset operators.
A trial integrating domestic clean technology into one system and exploring ways in which this could participate in demand side response (DSR) has been unveiled.
Whilst many projects in the energy sector may be mothballed, "very few" are likely to be cancelled altogether, according to Upside Energy CEO Devrim Celal, talking to Current± about how the company has adapted to remote working.
Flexibility providers were called on by National Grid ESO yesterday (24 February) following an interconnector tripping, causing 1GW to fall off the grid.
EDF Energy has landed a contract from battery storage investor Gresham House to optimise a 20MW storage project, opening it up to a wealth of new revenue streams.
Vertiv is to use Upside Energy’s cloud-based flexibility platform to enable its customers with uninterruptible power supplies (UPS) to provide unutilised energy to the UK electricity grid.
EDF Energy has signed a deal with Upside Energy to use its cloud-based platform to enable customers to access various markets to sell their energy, in conjunction with its own Powershift flexibility platform.