Energy Trading
Companies at Mildenhall Industrial Park in West Suffolk have witnessed reductions in their energy bills, ranging from 20% to 90%, through peer-to-peer energy trading
Morgan Stanley & Co. International plc has been fined for failing to record and retain electronic communications related to energy trading on WhatsApp between January 2018 and March 2020
Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets
More efficient trading arrangements and greater coordination with the continent could cut energy costs by up to £1.1 billion
They will look at different models involving technologies such as solar power, battery storage and blockchain
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
It aims to increase customers’ renewable energy use and enable them to buy and sell electricity to neighbours
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 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 […]
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 […]