Connect with us

Technology

Clean power players: Futurice Digital Energy 40 Report reveals the companies transforming the European energy game

Published

on

Meet the 40 trailblazers using code, capital and clean power to rewire Europe’s energy system

LONDON, May 12, 2025 /PRNewswire/ — Futurice today releases the inaugural Digital Energy 40 report, highlighting how clean energy has evolved into a central force reshaping Europe’s energy systems—driven by advanced digital technologies and intelligent infrastructure. Click here to access the report.

“With Europe’s grids under strain, energy prices still volatile, and net zero deadlines looming, decentralisation and diversification of the energy ecosystem have become operational imperatives,” says David Mitchell, chief growth officer at Futurice. “Private Equity investment in European renewables hit an all-time high of €36 billion last year, and the EU plans to add a record 89 GW of new renewable capacity in 2025 – roughly twice the UK’s peak electricity demand. The energy transition is accelerating.”

“But this shift brings urgent challenges. Take our power systems: the Heathrow substation fire in London and the recent Iberian Peninsula blackout – Europe’s first major grid crisis of the renewable energy era – show that grid modernisation isn’t just about adaptation; it’s about preventing cascading failures that can affect millions,” adds Mitchell.

The Digital Energy 40 ranks the standout companies operating in the UK, DACH and Nordics addressing the complex questions behind this transformation using four core metrics:

Market execution – how effectively a company delivers its solution at scale
Market innovation – originality in approach, model and customer engagement
Technology capability – the strength and sophistication of its tech offering
Technology impact – how far a company’s solutions move the needle on the energy transition

First-placed Octopus Energy, founded in 2015, is now the UK’s largest energy supplier – a rapid rise powered by its AI-driven Kraken platform, which manages over 38 GW of utility-scale assets and supports 60 million accounts globally. Backed by major international investment and initiatives like Project Mercury, it’s cementing its position as a global leader in the clean energy transition.

Coming in second is Norwegian firm Tibber, scaling fast thanks to its easy-to-use apps plugging into smart homes and its use of real-time data to help consumers lower consumption and buy cheaper, more sustainable electricity. The company aims to cut European residential energy consumption by 20%, and is barreling towards its goal via big name partnerships such as its 2023 tie-up with Ford to enable EVs to automatically charge at the cheapest and greenest times.

At number three is major power player E.ON, using its might to embrace innovation and flexibility on a huge scale. As well as modernising and digitising its infrastructure, E.ON has been investing in battery storage facilities and solar energy initiatives, while its E.ON Next arm offers tariffs backed by 100% renewables.

1KOMMA5°  and Tesla Energy take fourth and fifth place in the Digital Energy 40, recognised for their leadership in smart energy and battery storage. 1KOMMA5°’s Heartbeat AI enables real-time trading and dynamic pricing, while Tesla more than doubled its battery storage deployment in 2024, with its Megapack and Powerwall systems supporting virtual power plants that help reduce grid emissions.

A key theme of the report is AI’s role in the energy transition—not just as a tool, but as critical infrastructure for a cleaner, smarter system. “From dynamic tariffs and smart home systems to predictive maintenance, platforms like Kraken, ABB’s Genix Copilot and Entrix show how AI is powering the shift,” says David Mitchell. “These systems optimise supply, forecast demand, and support real-time decisions across increasingly decentralised energy networks.”

“Battery intelligence and distributed energy resources are also coming to the fore”, adds Mitchell. “Companies like Octopus, Tibber, Flexitricity, Next Kraftwerke, and Tesla Energy are scaling virtual power plants and smart storage to enhance grid flexibility and resilience.

“These innovations go hand-in-hand with customer-centric platforms and strong ecosystem partnerships. Together, they put users in control and accelerate the shift to net zero.” As Mitchell concludes: “The first year of the Digital Energy 40 report proves that companies are rising to the climate challenge with scalable tech, bold thinking and customer-first design.”

The report features expert insight from industry leaders including Ramón Sánchez-Lucas global product manager at ABB, ACCURE CEO & co-founder Dr Kai-Philipp Kairies; Matthew Billson, policy and market strategy director of Piclo Energy; CEO & co-founder of Emulate Energy Shwan Lamei; Sebastian Haglund, CEO & co-founder, Rebase.energy, and Enmacc‘s managing director, regulatory and finance Dr Florian Endter.

To access the full Futurice Digital Energy 40 report, click here.

About Futurice

We are Futurice, an outcome-focused digital transformation company. We help our clients solve their biggest challenges and empower them to make a positive impact on the world.

We discover and design the new. We are user-centric in developing, scaling, and sustaining solutions for digital transformation and co-creating a culture that makes innovation happen. We work across industries – from energy, retail, and construction to media, finance, and automotive and much more. We collaborate closely with our clients and work towards measurable and sustainable outcomes.

Founded in 2000, our team comprises over 900 diverse experts who represent more than 40 different nationalities. We have Nordic roots and a global mindset and operate across Europe. www.futurice.com

Photo – https://mma.prnewswire.com/media/2683755/David_Mitchell_Futurice.jpg
Photo – https://mma.prnewswire.com/media/2683756/Futurice_Digital_Energy.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/clean-power-players-futurice-digital-energy-40-report-reveals-the-companies-transforming-the-european-energy-game-302451330.html

Continue Reading

Technology

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

Continue Reading

Technology

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

Continue Reading

Technology

Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

Published

on

By

RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/global-security–technology-summit-unveils-month-long-program-of-activities-ahead-of-december-event-302918695.html

Continue Reading

Trending