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Month: July 2017

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Why the new utility mantra is “get close to the customer”

The digital revolution is all around us but as an energy buyer, I have not seen any change in the way my utility interacts with me, and this is despite every utility executive telling me that they are digitalising their businesses. My interaction with my energy retailer and my local distribution grid operator are still as … Continued

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Why we need to ban diesel cars

I recently took part in a podium discussion organised by the European Commission on how to push innovation in energy. All of the podium panellists were asked; if Europe could do one thing, what would it be. My answer was simple: ban diesel cars. My rational was simple: diesel technology is not future proof and Europe is … Continued

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The technology shift going on in solar is great for the consumer but many producers will not survive

I was recently at the Intersolar Conference in Munich and for the first time in many years I came back very excited about what I saw. We are seeing a big technology shift in solar with an increasing focus not only on just reducing the cost of the solar panel but also on lowering the cost of … Continued

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Gerard Reid quoted in the FT: Tesla to build giant battery to provide power to 30,000 homes

In January, Tesla delivered a similar 80MWh electricity storage system in California, which is enough to power 2,500 homes for a day. Deployment of lithium-ion batteries for grids and electric vehicles is sending ripples throughout the battery supply chain, boosting shares of producers of the raw chemical lithium, and raising concerns about their environmental footprint. … Continued

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Bruce Huber quoted in FT: Aggreko buys energy storage technology specialist

Younicos has been involved in a number of pioneering clean energy projects, including a system developed for the island of Graciosa in the Azores designed to lower the use of imported fossil fuel by combining battery storage with wind and solar power. Aggreko warned that it expected its new acquisition to be loss making in … Continued

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Alexa Capital advises Younicos on its £40 million sale to Aggreko

Alexa Capital continues to advise at the forefront of the ongoing global energy transition advising Younicos on its £40 million sale to Aggreko. Younicos, a global market leader in the development and deployment of integrated energy systems, based on battery storage. This acquisition strengthens our position as global energy markets continue to evolve and is … Continued

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