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Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

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Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

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EV Connect pilots first V2G charging project in the Midwest

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EV Connect, a California-based software-as-a-service company, is collaborating with the Indiana-based Battery Innovation Center (BIC) and Energy Systems Network (ESN) to deploy Indiana’s first large-scale Vehicle-to-Grid capable charging system to support school bus fleet, HD truck, and other customer segment applications.

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NREL researchers evaluating blockchain for transactive energy applications

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Researchers at the National Renewable Energy Laboratory (NREL) are evaluating the use of blockchain for transactive energy using hardware in the laboratory’s Energy Systems Integration Facility (ESIF). Potential opportunities abound for the use of blockchain in the energy sector. Source: NREL.

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Virtual Peaker partners with Fermata Energy to bring V2G bi-directional vehicle charging technology to utilities

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Virtual Peaker and Fermata Energy are partnering to integrate Fermata Energy’s vehicle-to-grid (V2G) technology with Virtual Peaker’s cloud-based residential energy demand response platform used by utilities across the country. Fermata Energy V2X bi-directional charger.

Energy 459
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DOE provides $65M for “connected communities” of buildings powered to transform electric system

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The US Department of Energy (DOE) announced up to $65 million through its Connected Communities funding opportunity announcement (FOA) to expand DOE’s network of grid-interactive efficient building communities nationwide. ( —Secretary of Energy Dan Brouillette. interactive Efficient Building: An energy?efficient

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CSIRO report highlights potential for Australia in critical energy minerals with full energy value chain

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CSIRO, Australia’s national science agency, has released a report that outlines the significant potential for Australia to reshape its mining sector to capitalize on its rich critical materials resources and turn them into high purity materials and products through refining and manufacturing. —Dr Larry Marshall. —Jonathan Law.

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