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New Jersey regulator greenlights $150 million grid modernisation project

Image credit: Stock The New Jersey Board of Public Utilities has approved a grid modernisation proposal filed by utility New Jersey Natural Gas. The approval allows New Jersey Natural Gas to invest $150 million in its Infrastructure Investment Programme over the next five years. Originally filed in February 2019, the Infrastructure Investment Programme includes a […]

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Smarter energy use lowers carbon emissions, new report shows

Image: Climate Group Smart energy use has helped just 33 companies avoid 328 million metric tons of CO2 equivalent, according to the Climate Group and Alliance to Save Energy report. The companies, members of the EP100 global ‘energy-smart’ business initiative, have avoided 57 million tonnes of CO2e in the last year alone, with an average

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Macquarie and Siemens form a new energy-as-a-service company

Image credit: Stock Calibrant Energy, a new Energy-as-a-Service solutions company, has been formed by Siemens Financial Services, Siemens Industry and Macquarie’s Green Investment Group (GIG). The new company will offer onsite Energy-as-a-Service (EaaS) solutions at no up-front cost for its customers, which include corporate and industrial clients, as well as municipalities, universities, schools and hospitals.

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Octopus Energy launches into US market with startup acquisition

Image: Octopus Energy UK independent green energy supplier Octopus Energy heads across the pond with acquisition of the Silicon Valley-based startup Evolve Energy. Octopus Energy is committing $100 million to its US expansion, which starts in Texas under the name Octopus Energy US. The target is 25 million US energy accounts on its technology platform

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Enel converts Augusta power plant into innovation research center

Image credit: Stock Italian multinational energy company Enel has launched a new research center at the company’s former Augusta power generation plant in Sicily. The establishment of the research center is a result of an agreement signed with Italy’s National Research Council (CNR), through its Department of Engineering, ICT and Technology for Energy and Transport

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First blockchain-based EV grid integration standard released

Image: General Motors Honda and GM lead introduction of the Mobility Open Blockchain Initiative (MOBI) standard for grid integration of electric vehicles. The standard from MOBI’s Electric Vehicle Grid Integration (EVGI) Working Group is aimed to support the increasing uptake of EVs by incorporating blockchain technology into a decentralised charging system. The first technical design

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