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  1. $1.1bn spent on start-ups by EU energy firms

    European energy companies have spent around $1.1bn on start-ups in a bid to adapt to the changed circumstances facing their industries in recent years. Reuters have calculated the figure, with several deals announced in the past month as they accelerate a quest for new technologies to outpace rivals. Germany's I nnogy , France's EDF and Dutch Eneco, as well as oil majors like Total, have set up their own venture capital funds to scour the globe for potentially disruptive technologies. Included in the list of technologies being examined are batteries to store solar power in massive amounts to those creating systems to better manage the use of household appliances like washing machines and thermostats. In the past month, Statkraft's fund, Statkraft Ventures, has invested in smart meter software company Greenbird, while Engie's fund has bet on US home services startup Serviz and Canadian smart grid management platform Opus One Solutions. Reuters says the motivation to adapt has been fed by the sheer amount of damage done to businesses struggling to deal with the transition to renewable energy. Capgemini reports that energy firms have taken $27bn (EUR26bn) worth of impairments on unprofitable power plants. The consultancy also reported that Europe's 25 biggest energy companies lost as much as 23 per cent of their market capitalisation between June 2015 and May 2016 mainly due to huge write-downs and weak energy prices. Venture Capital funds are no longer seen as luxuries in the new order, but vital to finding innovations capable of helping firms to survive. Analysts at investment bank Macquarie said inflexible utilities would be the losers of the radical transformation happening in the sector. "Investors will increasingly favour European utilities which have an exposure to the technologies that will reshape the utilities sector," they said.

    Online Articles

    Online Articles

    Mon, 5 Dec 2016

  2. Smart meters: New report highlights customer benefits from smart meter growth

    Energy management: The Institute for Electric Innovation’s (IEI’s) new report, “Electric Company Smart Meter Deployments: Foundation for a Smart Grid,” examines how electric companies are using smart meter data to improve energy grid operations and increase benefits to customers.

    Online Articles

    Online Articles

    Fri, 28 Oct 2016

  3. EY Power trend report shows momentum for disruptive technologies

    EY Power and Utilities has released its Q3 transactions and trends report for 2016 and found investment in disruptive technologies is growing while overall deal value continues to decline.

    Online Articles

    Online Articles

    Mon, 21 Nov 2016

  4. Deal signed for Scotland smart meter rollout

    Engineering solutions company Actavo has signed a five-year partnership with ScottishPower to help deliver the roll out of smart meters in Scotland.

    Online Articles

    Online Articles

    Wed, 2 Nov 2016

  1. Con Edison picks Smart Grid Solutions for smart meter project

    Online Articles

    Online Articles

    Wed, 26 Oct 2016

  2. ‘Lack of engineers puts UK smart meter rollout at risk’

    The UK government could miss its target to roll out smart meters in 30 million homes and businesses because of a lack of investment in training engineers.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  3. Engineering experts deliver warning on smart meter design

    Analysis from engineering experts suggests significant damage could be caused to the UK’s power infrastructure unless more steps are taken to improve security around smart metering.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  4. Entergy picks Honeywell for smart meter installation

    Project includes up to 2.9 million integrated advanced meters to improve electricity service and delivery across four states

    Online Articles

    Online Articles

    Thu, 20 Oct 2016

  5. Siemens launches power grid services platform for U.S. market

    New offering will provide software as a service, cloud-hosted environments, and managed services that deliver significant benefits for the increasingly digital-driven power industry

    Online Articles

    Online Articles

    Wed, 2 Nov 2016

  6. Itron, Landis+Gyr license TransData smart meter communications patents

    The terms of the agreements are confidential

    Online Articles

    Online Articles

    Thu, 4 Aug 2016

  7. North American smart meter market has plateaued

    Based on the projects tracked in the report, Aclara was the top manufacturer in terms of the cumulative share of planned smart meters in the North American market at 28.6 percent  

    Online Articles

    Online Articles

    Thu, 30 Jun 2016

  8. Iberdrola hits Spanish smart meter milestone

    Iberdrola has now installed more than eight million smart meters in Spain.

    Online Articles

    Online Articles

    Wed, 7 Sep 2016

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