Two utilities serving European markets this week said they are expanding their e-mobility plans with the launch of new electric vehicle charging networks.
Blockchain has the potential to change the business world as we know it today. Entire value chains can be shortened by it — including in the energy industry.
According to Vattenfall, two offshore wind industry firsts have been achieved over the past two weeks in Scotland. On Monday, April 9 the company announced that it successfully installed the world’s most powerful single turbine – an 8.8-MW behemoth standing 191 meters from base to blade tip and boasting a nacelle that is larger than the London Eye. The turbine is one of 11 that will be installed at the European Offshore Wind Deployment Centre (EOWDC), also known as Aberdeen Offshore Wind Farm.
In December, 20 months into the top job at Germany’s Innogy AG, Peter Terium unveiled a 3 billion-euro plan to transform the utility into a provider of electric car technology, digital networks, and offshore wind farms. His goal, he said, was to become “a trailblazer of change. We do not wait to see what happens. We set trends.” Terium didn’t need to wait long to see what happened. A week later, he was out of a job.
NorthVolt AB, the Swedish battery factory developer founded by a former Tesla Inc. executive, is planning to close its first major fundraising round this autumn, potentially drawing in 100 million euros ($118 million).
The Carbon Trust today said that the Scottish government has extended its financial support for the Carbon Trust’s collaborative research, development and demonstration program for offshore wind.
Swedish utility Vattenfall this week said it has split its wind business into three units comprising offshore, onshore and solar+storage services.
A trial of blockchain-based peer-to-peer trading will be undertaken this year in the European wholesale energy market. Swedish power company Vattenfall on June 7 said that its Business Area Markets unit has joined 22 other European energy trading firms to conduct the trial.
Swedish state-owned utility Vattenfall has announced a plan to restructure its hydroelectric power division in Germany by the end of 2019.
Calls from the industry and utilities including Vattenfall AB for Germany to auction more offshore wind blocs are unlikely to fall on sympathetic ears until voters elect a new parliament.