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Funding energy efficiency on the blockchain

Image: Efforce Apple co-founder Steve Wozniak has launched Efforce, a blockchain-based energy efficiency crowdfunding platform. Efforce, styled as “the first blockchain-based energy saving platform”, is designed to enable contributors to support energy efficiency projects by investing in tokenised future savings. These funds are delivered to companies to support energy efficiency projects with the resultant savings […]

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Siemens Energy’s new cybersecurity monitor and detection service

Source: Siemens Energy Siemens Energy has announced a new artificial intelligence (AI)-based industrial cybersecurity service. Managed Detection and Response (MDR) is powered by Eos.ii to help small and medium-sized energy companies defend critical infrastructure against cyberattacks. MDR’s technology platform, Eos.ii, leverages AI and machine learning methodologies to gather and model real-time energy asset intelligence. This

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Tesla enters 2nd phase towards Australia’s largest virtual power plant

The Australian Renewable Energy Agency has issued AUS$8.2 million in funding for the development of what is claimed to be the largest virtual power plant in the country. The funding will be used by Tesla Motors Australia to install battery energy storage and rooftop solar systems for 3,000 residential consumers in South Australia. The pilot

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Ed’s note: A guide to the innovative technology of tomorrow

Try to guess: how far would we progress toward net zero if we decarbonised the entire power sector by 2050? Last week, the International Energy Agency released its first Energy Technology Perspectives report in three years. According to the report, “global carbon emissions [are] at unacceptably high levels, structural changes to the energy system are

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Transactive energy concept to be expanded in United States

Image: PNNL The transactive energy concept is to be further explored in two new projects in the US led by Pacific Northwest National Laboratory (PNNL). The projects focus on technology deployment in Spokane, Washington and on simulations of Texas’ primary power grid, operated by the Electric Reliability Council of Texas (ERCOT). The two projects are

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French smart charging EV pilots indicate €90-300/year customer savings

Image: Enedis The pilots demonstrated that managed charging will enable electric vehicles to participate in the distribution network in the medium term. Early studies by the French distribution company Enedis indicated that electric vehicles (EVs) could be readily integrated into the country’s distribution system without major impacts at either the local or national level. The

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E.ON launches €250m venture capital fund for digital technologies

Image credit: Stock Germany multinational energy company E.ON has launched a €250 million investment fund dedicated to digital technologies and business models. E.ON has unveiled the fund through its new Future Energy Ventures, a venture capital investment platform investing in digital and digitally enabled technologies that have the potential to redefine the future energy landscape.

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