IFS Research Shows Industrial AI Cutting Emissions Across Heavy Industry
Heavy and hard to abate industries account for roughly 40 percent of global direct emissions, with Industrial AI already delivering measurable reductions without waiting for new fuels or breakthrough technologies. Joint IFS and PwC UK research shows AI driven optimization cutting field service travel by more than 37 percent and reducing Scope 2 emissions by […]
Iberdrola, Airbus Deploy Nearly 500 EV Chargers Across Spanish Aerospace Sites
Nearly 500 smart charging points are being installed at Airbus production facilities in Spain, targeting employee, visitor, and fleet electrification. The rollout deepens a partnership launched in 2019 and links industrial decarbonization with digitally managed energy efficiency. All public charging infrastructure operated by Iberdrola is supplied with 100% renewable electricity backed by Guarantees of Origin. […]
Octopus Energy Spins Out Kraken in $1 Billion Raise, Valuing Utility AI Platform at $8.65 Billion
$1 billion funding round values Kraken at $8.65 billion, positioning the AI platform for a potential public listing by mid 2026. Kraken’s software now serves more than 70 million utility accounts globally, with contracted revenues exceeding $500 million annually. The demerger sharpens strategic focus, separating consumer-facing clean energy expansion from utility digitisation critical to grid […]
