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Company Insights
LO3 Energy Inc – Tech Innovator Profile
Founded in 2012, LO3 Energy, Inc. (LO3 Energy) is a technology and business development consulting firm that offers blockchain-based products and services for energy and utilities sectors. The company, with its advanced technology and support team, introduced a permissioned data platform named Exergy. LO3 Energy also delivers blockchain, smart meter, grid technologies and application program interface for its clients. It also provides peer-to-peer, microgrid, distributed system operator (DSO), and EV charging energy solutions. LO3 Energy has received funding from several...
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Company Insights
Centrica Plc – Digital Transformation Strategies
Centrica plc (Centrica) has been focusing on using cloud computing, big data, and blockchain technology to digitally transform its operations. The annual ICT spending of Centrica is estimated at $334 million for 2022. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Centrica is an integrated energy company. It carries out electricity generation through combined cycle gas turbine (CCGT) power stations and nuclear power plants through its stake in EDF Energy Nuclear...
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Company Insights
Centrica Plc – Enterprise Tech Ecosystem Series
Centrica has a strong focus on IoT smart meter implementations that can help it track consumer energy usage. Centrica is keen to improve EV battery charging systems and is investing big on this technology. Centrica plc is exploring and utilizing technologies including artificial intelligence (AI), biometrics, blockchain, cryptocurrencies, the IoT, mobile, robo-advice, and wearables to achieve operational efficiencies, expand its payment solutions, and minimize security risks. The company has been forging partnerships with tech startups, and other companies to transform...
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Thematic Analysis
Mergers and Acquisitions in Power Sector – Thematic Research
A total of 226 power M&A deals valued at $50m or more were announced between 1 January 2017 and 31 March 2020. The combined value of these deals was $256.6bn. The first quarter of 2018 saw the most activity, with over 25 deals announced in that quarter. Themes such as renewable energy, sustainability, network infrastructure, sustainable project experience, and oil and gas infrastructure have been driving the power M&A over the past three years. Energy storage sector was dominated by...
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Thematic Analysis
Blockchain in Retail and FMCG – Thematic Research
Blockchain technology will have a difficult year in 2018. As the cost and complexity of implementing blockchain solutions becomes apparent, many of the early blockchain projects will either be quietly shelved in favor of more traditional approaches or they will evolve in a way that reduces their dependence on blockchain technology. Blockchain can help FMCG manufacturers, consumers, and retailers to better track the provenance of stock, give them greater control over what is sold, and provide guarantees for food safety...
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Thematic Analysis
Blockchain in Utilities – Thematic Research
Blockchain and its associated technologies, burst into the public consciousness in 2015 after a relatively slow build-up spanning several years. In the course of 2016 and 2017 blockchain reached “peak snake-oil” with increasingly outlandish claims made about its capabilities and benefits. In the coming two years, followers of blockchain are set to either have their hopes disappointed or their scepticism confirmed. Blockchain technology, often referred to as “distributed ledger technology” (or DLT) is a means by which the participants in...
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Thematic Analysis
Blockchain in Retail – Thematic Research
Blockchain and its associated technologies burst into the public consciousness in 2015 after a relatively slow build-up over several years. The technology is often referred to as “distributed ledger technology” (DLT) and it is a means by which the participants in a distributed network each maintain a copy of an immutable ledger of transactions, and where transactions can be executed without the need for a single, central coordinating authority. It allows organizations to transact business with one another without being...
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Company Insights
Enterprise Tech Ecosystem Series – Centrica Plc
Centrica Plc (Centrica) is an integrated energy and services company. It carries out electricity generation from its combined cycle gas turbine (CCGT) power stations, and from nuclear power plants through its stake in EDF Energy Nuclear Generation.
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Analyst Opinions
Blockchain Microgrids: The Future of Energy Systems
Microgrid is a form of distributed generation that offers efficient energy management, security of supply, redundancy and back-up power to safeguard against outages. Microgrids are primarily distribution level networks connecting various energy resources. These include distributed generation assets such as microturbines, fuel cells, photovoltaics and energy storage, in addition to flexible load and demand management systems. Microgrids can be customized to cater to the power demand and can be scaled to a discrete operation, such as a business park, college...
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Thematic Analysis
Blockchain in Retail Banking – Thematic Research
Blockchain technology, often referred to as distributed ledger technology (DLT), is a means by which the participants in a distributed network can each maintain a copy of an immutable ledger of transactions and where transactions can be executed without the need for a single, central, coordinating authority. This ability to execute transactions effectively without the presence of a central authority is regarded by many as the chief benefit of blockchain technology, as it creates the promise that organizations will be...