Author Archive for New Power

First Japanese sale for Centrica’s DSR platform

Centrica Business Solutions has joined forces with the venturing arm of Japan’s Tokyo Electric Power (Tepco) to deliver industrial demand response capacity in Japan. Tepco Ventures will use Centrica’s FlexPond™ demand side response (DSR) platform to provide flexibility services for…

First commercial contract for Piclo flexibility platform

Scottish and Southern Electricity Networks (SSEN) is to use Piclo’s software platform to trade electricity flexibility – the first commercial agreement between Piclo and a UK distribution network operator (DNO). SSEN will use Piclo’s  flexibility marketplace to buy smart energy…

Reactive Technologies wins Norwegian funding

Reactive Technologies has won funding from the venture arm of Equinor (the Norwegian energy company previously known as Statoil) as a strategic investor. This is the latest development in Reactive’s major Series C funding round after Ingenious joined existing investors Octopus…

Industry minister quits over no-deal Brexit fears

Industry minister Richard Harrington MP has resigned so that he can support efforts to avoid a no-deal Brexit. In his resignation letter, the now ex-minister said, the government was “playing roulette” with peoples’ lives and livelihoods. “The clear message I…