Inform - European Utility Giants Are on a Grid Edge Shopping Spree in 2017

by Elta Kolo

Italian multi-national power company Enel Group has announced yet another grid-edge acquisition in 2017, this time tapping into the U.S. e-mobility market at the advent of aggregation of electric vehicles (EVs) for grid services. Through its recently acquired subsidiary EnerNOC, Enel acquired North American e-mobility solutions provider eMotorWerks for an undisclosed amount. This is the third acquisition of a U.S. company by Enel in 2017.

This is the latest in a series of acquisitions by Enel in the distributed energy space. It is not the only European energy giant making moves as Shell, Engie, Centrica, and EDF have acquired solar, energy efficiency and other distributed energy resource companies.

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Elta Kolo Research Manager, Grid Edge

Elta is a Grid Edge Analyst at GTM Research working on demand-side management in U.S. electricity markets. Prior to joining GTM, Elta pursued a joint PhD funded by the European Commission on Sustainable Energy Technologies and Strategies at Delft University of Technology in the Netherlands. During her PhD she researched demand response policies for the implementation of smart grids, and has presented her work at both U.S. and European conferences in addition to publishing in international scholarly journals. Elta holds an MSc in Economics and Management of Network Industries from Spain and France and a BA in Economics from Union College (NY).

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