Toshiba explores peer-to-peer energy trading with Japanese utility

They will look at different models involving technologies such as solar power, battery storage and blockchain

New research explores peer-to-peer ‘free trade’ of excess energy

Such a market would allow consumers to directly buy from and sell to each other, without utilities or other third parties and distribute extra electricity free of charge

EDF Energy to pilot solar energy trading in Brixton

It aims to increase customers’ renewable energy use and enable them to buy and sell electricity to neighbours

TELCA winner scoops £3m for energy buying hub

An energy buying platform for businesses has been awarded £3 million to further develop its online trading hub. Open Energy Market, winner of the Consultant of Tomorrow award at The Energy Live Consultancy Awards (TELCA) last year, aims to streamline the broker process for medium and large firms, helping them manage their energy contracts online. […]

BP, Shell lead blockchain platform for energy trading

BP and Shell have joined forces with trading houses and banks to develop a blockchain platform for energy trading. Other members of the consortium include Gunvor, Koch Supply & Trading and Mercuria as well as ABN Amro, ING and Societe Generale. The new venture seeks to create a secure, real-time blockchain-based digital platform to manage […]

Centrica invests in US energy blockchain firm

A New York-based start-up specialising in blockchain-based solutions for the energy market has secured investment from Centrica. LO3 Energy is working on a commercialised blockchain-based platform that would enable peer-to-peer energy trading and help accelerate the transition to a distributed energy future. The use of blockchain enables LO3’s platform to store and validate data that […]

CMA says ICE must sell energy trading firm

Global exchange operator Intercontinental Exchange (ICE) has been told to sell its energy trading firm it bought last December. That’s the final decision from the Competition and Markets Authority (CMA) following an investigation, which states the $650 million purchase of Trayport could reduce competition between ICE and its rivals to launch new products, find innovative trading […]

CMA looks into £650m energy trading merger

The Competition Markets Authority (CMA) has warned that a £650 million energy trading merger could harm competition. Energy trading firm Intercontinental Exchange (ICE) acquired software company Trayport in  December last year. The merger was called in for review by the CMA. It found that the merger could lead to a substantial lessening of competition as not […]

Contigo MD warns of risks associated with older technology

Many energy businesses are operating with a higher level of risk than is necessary because important systems do not use the latest technology, warns Adrian Bullock, Managing Director of Energy Trading and Risk Management (ETRM) solutions provider, Contigo. He likens the situation in some to “driving a Heavy Goods Vehicle down the motorway and only […]

Energy trading software merger could face in-depth investigation

A $650 million (£445m) energy trading software merger has been referred to the Competition and Markets Authority (CMA) for an in-depth investigation. Intercontinental Exchange (ICE), a global operator of exchanges and clearing houses, has its own software that facilities trading of energy commodities. Its takeover of London-based Trayport, a provider of software which also facilitates […]