NAB has helped strengthen the growth prospects of Brighte, a digital credit platform that facilitates payment plans for solar energy, batteries and home improvements, by helping it secure $130 million to meet increasing demand for its products. NAB arranged a $130 million asset-backed securitisation warehouse and this month provided $80
Cover Story: Why Electricity retailers will pay you to use less power. And other ways the energy market is changing.
Emerging business models in energy retail are designed to help consumers save money, and in some scenarios even earn money from the devices in their homes – flipping the traditional electricity retail model on its head. The industry is approaching a tipping point. In deregulated markets like Australia utility companies
Can Robots help Australian businesses navigate the complex energy market and save millions of dollars in energy costs. That’s the claim by BidEnergy which says its data demonstrates that over the last 12 months robots found savings totaling $2.6 million in 822 instances amongst a sample of its customer base.
Online retailer, Catch Group, has announced the launch of its own energy service, Catch Energy, which will offer energy and gas plans in partnership with 1st Energy. Catch says the new service is in response to an energy market with rising prices and a lack of competition. Sign up for
Blockchain technology could create a paradigm shift in the power industry, helping companies move away from traditional business models with complex operating structures. That’s the opinion from GlobalData, whose analysts argue blockchain has the potential to address the key challenges facing electric utilities: high operating costs, aging grids, security, regulatory
Origin Energy understands its industry is being disrupted. In response the energy company has developed a strategy to ensure its survival as utilities transition from a commodity-driven model to a service-driven one. Origin has created a Future Energy and Business Development division. Tasked with navigating the company through an uncertain
AGL has developed an online platform which allows users to trade solar energy, with the aim of giving its customers more control over their energy use and reduce the cost of their power bills. Currently 220 AGL customers in Victoria are participating in the AGL Solar Exchange trial, which started
Buying energy is a currently a poor experience. When a householder wants to shop around for energy, they have two options. Firstly, they can use one of the comparison sites or they can run their own comparisons against a selection of retailers in the market. The first should be a
SAS and Cisco have an ambitious plan to uncomplicate Australia’s energy sector using their Edge-to-Enterprise IoT Analytics Platform. Grant Dyer, General Manager of Telecommunications, Energy and Utilities at SAS Australia and New Zealand tells Which-50 that the regulatory environment of Australia’s energy grid is a ‘key constraint’ to data sharing.
New data from Juniper Research has found that the development of smart grids linked to smart cities could result in citizens saving $14 billion per annum in energy bills by 2022. This is up from the $3.4 billion saving estimated for 2017, resulting from smart meter rollouts, energy-saving policies and