Enel X

Last updated

Enel X
Industry
  • Energy
  • digitalization
  • sustainability
  • innovation
  • electrification
Founded2017 (2017) [1]
FounderEnel S.p.A [2]
Headquarters
Rome
,
Italy [3]
Area served
Worldwide
Key people
Francesca Gostinelli, CEO [4]
Products
RevenueIncrease2.svg €1.536 billion (December 2021) [5]
Number of employees
5,500 [6]
Parent Enel
Website https://www.enelx.com/

Enel X Global Retail is the Enel Group's global business line operating in the field of energy supply, energy management services, and public and private electric mobility, with a portfolio of products and value-added services to incentivize more independent and sustainable energy use. [7] [8] [9] Its main office is in Rome.

Contents

History

Enel X expanded its services by acquiring companies specialized in the digitization of energy services [10] and by creating partnerships with companies from industries such as automotive, [11] home automation, [12] and ITC.

It also carries out activities in the field of electric mobility, leading to installing charging points throughout Italy. [13] In July 2018, Enel X acquired 21% of Ufinet International, a platform in the ultra-broadband sector in Latin America. [14] In the same period, Enel X expanded in the energy efficiency sector by acquiringYousave. [15] In October 2018, Enel X announced that its subsidiary EnerNOC, Inc. rebranded to Enel X. [16] [17] This operation was followed by acquiring Demand Energy (DEN) and eMotorWerks in the United States. [18]

On December 20, 2018, Enel X and Infracapital signed a deal for energy efficiency projects for business customers. [19] In September 2018, progress on the installation of new charging points in Italy were announced. [20] In January 2019, Enel X became Poland’s 2021 - 2023 demand response leader, with a 70% share in the segment. [21]

In June 2019 Enel X and FCA signed a partnership agreement for the development of electric vehicle projects. [22] [23] In October 2019 the company signed a partnership with Hyundai, comprising the possibility of recharging electric vehicles at Enel X public recharging infrastructures. [24] The same occurred with other car manufacturers, such as Audi, [25] PSA [26] and Smart. [27] In 2019, Enel X started the “Vivi Meglio” project, [28] which was aimed at promoting energy efficiency, technical modernization, as well as to enhance safety standards in construction industry. In the same year, Homix [29] was presented at the IBM Center in Milan. Homix integrates Alexa and allows a development of the concept of intelligent thermostat: it transforms, in fact, the device into a digital instrument that learns from domestic habits, in order to help manage consumption, safety and lighting at home. In January 2020, Enel X took part in the Consumer Electronics Show - CES in Las Vegas. [30] At the end of October 2020, Enel X Pay was founded with the aim of expanding the ecosystem of solutions for physical and digital payment services. [31] In the same period, the acquisition of Paytipper S.p.A. and Cityposte Payment was completed. [32] In 2022, Enel X’s electric mobility services have been incorporated into Enel X Way, [33] the Enel Group’s new global business line entirely dedicated to sustainable mobility. Its aim is to accelerate the development of the charging infrastructure for electric vehicles. In the same year, the Enel Group’s electricity and gas commodity sales activities went under the management of Enel X. To this end, the Enel X Global Retail global business line was created to promote an integrated offer of solutions designed around the needs of people, institutions and companies, enabling them to make more efficient and conscious energy choices. [34]

Activities

Enel X Global Retail provides a range of modular and integrated products and services designed to meet customer needs while promoting electrification and digitalization. The company manages demand response services with a total capacity of 8.1 GW and has installed 76 MW of behind-the-meter storage, along with over 3 million light points worldwide. Additionally, it supplies energy to approximately 67 million customers on a daily basis. [35] The Enel X Global Retail ecosystem of solutions is based on a platform business model that includes assets for optimizing and self-producing energy, premium energy efficiency and management solutions as well as competitive and flexible offers, with the aim of helping the customer to define their energy roadmap, accompanying them from the initial consultancy to the implementation of the solutions.

With a positive attitude for innovation, Enel X created an “Innovation & Product Lab”, [36] to develop and test new scalable products and services – often incorporating the creative input of startups, research centers, universities and customers – with a circular economy approach. Solutions and services for flexibility, like Demand Response, digital payment, adaptive public lighting systems and City Analytics are a direct result. At the end of 2021, from the development of these innovative projects, Enel X and Policlinico Universitario Agostino Gemelli IRCCS developed Smart Axistance e-Well, a telemedicine service with an app designed for companies. [37]

Awards

In 2017, Enel X won Corporate Art Award 2017 “for its ability to promote historical heritage and urban projects through artistic lighting”. [38] In 2018, it took the third place on the podium on the charging services Leaderboard drawn up by Navigant Research. [39] In 2019, Enel X’s circular economy model took centre stage at EXCO 2019, an event which focused on international cooperation. [40] In 2021 and 2022, Enel X has been named a market leader in the Energy as a Service Leaderboard report from Guidehouse Insights. [41]

Related Research Articles

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Vehicle-to-grid (V2G) describes a system in which plug-in electric vehicles (PEV) sell demand response services to the grid. Demand services are either delivering electricity or reducing their charging rate. Demand services reduce pressure on the grid, which might otherwise experience disruption from load variations. Vehicle-to-load (V2L) and Vehicle-to-vehicle (V2V) are related, but the AC phase is not sychronised with the grid, so the power is only available to an "off grid" load.

<span class="mw-page-title-main">FreedomCAR and Vehicle Technologies</span>

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<span class="mw-page-title-main">Enel</span> Multinational energy company based in Italy

Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas, as well as an artificial intelligence company. Enel, which originally stood for Ente nazionale per l'energia elettrica, was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 1 April 2016.

<span class="mw-page-title-main">Endesa</span> Multinational electric utility company, the largest in Spain

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<span class="mw-page-title-main">Peak demand</span> Highest power demand on a grid in a specified period

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<span class="mw-page-title-main">Enel Américas</span> A conglomerate of electric energy companies operating in Central and South America

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<span class="mw-page-title-main">Centro Elettrotecnico Sperimentale Italiano</span>

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<span class="mw-page-title-main">EnerSys</span> Stored energy systems and technology provider

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EVBox is an electric vehicle supply equipment company based in Amsterdam, Netherlands. Founded in 2010 by Bram van der Leur and Huub Rothengatter, it currently has 13 offices around the world, including Amsterdam, Antwerp, Bordeaux, Copenhagen, Libertyville, Madrid, Milton Keynes, Munich, New York City, Oslo, Paris, Rotterdam, and Warsaw. EVBox manufactures and distributes electric vehicle (EV) charging stations and charging management software. As of December 2020, it has a global installed base of over 190,000 charging points.

eMotorWerks, an Enel Group Company, is an electric vehicle infrastructure company, based in San Carlos, California. eMotorWerks was founded in 2010 by Val Miftakhov, who was also its CEO until it merged with Enel X. eMotorWerks was acquired by Enel through its EnerNOC, and is part of the Enel X group.

<span class="mw-page-title-main">Home energy upgrades from public utilities</span> HVAC and power improvements to residences offered by service providers

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<span class="mw-page-title-main">Enel North America</span> American company headquartered in Andover, MA, United States

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References

  1. ↑ "Xconomy: Energy Software Firm EnerNOC Inks $300M Sale to Enel Group".
  2. ↑ "Enel X – Replicate Project EU". 29 November 2019.
  3. ↑ "Enel X Srl - Company Profile and News". Bloomberg.com.
  4. ↑ "Enel X, cambio al vertice: lascia l'ad Venturini, la guida a Francesca Gostinelli- Corriere.it".
  5. ↑ "Enel X : Venturini; modello funziona, 1,5 mld fatturato 2021". 7 October 2021.
  6. ↑ "Enel X's Competitors, Revenue, Number of Employees, Funding, Acquisitions & News - Owler Company Profile".
  7. ↑ "Mastercard and Enel X to Set Up Fintech-Cyber Innovation Lab in Israel". 14 May 2020.
  8. ↑ "Top Demand Response Providers Ranked by Navigant". Energy Manager Today. Retrieved 19 January 2018.
  9. ↑ "EnerNOC Rebranded Into Enel X, All Advanced Energy Solutions In North America Integrated Under One Global Brand" (PDF).
  10. ↑ "Enel X, la rivoluzione della mobilità elettrica continua". 29 December 2019.
  11. ↑ "Enel X, FCA partner to boost e-mobility in Europe". 17 June 2019.
  12. ↑ "Planet Smart City partners to bring sustainable energy solutions to housing projects - Smart Cities World".
  13. ↑ "Charging stations of Enel X".
  14. ↑ "Capacity Media". 27 June 2018.
  15. ↑ "Enel unit to acquire energy efficiency services company Yousave".
  16. ↑ "EnerNOC Rebrands to Enel X". 2 October 2018.
  17. ↑ "EnerNOC Rebranded Into Enel X, All Advanced Energy" (Press release). October 2018.
  18. ↑ "Enel X and Eaton Team Up on Solar and Storage Microgrid in Puerto Rico – SolarNews América". 10 December 2020.
  19. ↑ "Enel X and Infracapital launch energy services platform for business clients". 21 December 2018.
  20. ↑ "Enel X, è rivoluzione elettrica: 2.500 colonnine di ricarica entro l'anno". 21 September 2018.
  21. ↑ "Enel secures 3rd deal in the 2021-2023 Polish capacity market". 21 January 2019.
  22. ↑ "FCA teams up with Engie & Enel X for charging solutions - electrive.com".
  23. ↑ "FCA teams up with Enel X and ENGIE for e-mobility". 18 June 2019.
  24. ↑ "Hyundai and Enel X integrate solutions for EV customers". 28 October 2019.
  25. ↑ "Enel and Audi sign agreement to develop electric mobility services". 7 December 2017.
  26. ↑ "PSA and Enel X together for electric mobility - CarCar.news".
  27. ↑ "Smart e Enel X, un matrimonio riuscito - la Repubblica". 20 January 2020.
  28. ↑ "Il condominio diventa "smart" grazie a Vivi Meglio di Enel X - CorCom". 14 May 2019.
  29. ↑ "Enel X - Homix - Eurelectric – Powering People". January 2001.
  30. ↑ "Enel X Launches Next Generation JuiceBox, JuicePump at CES".
  31. ↑ "Italy's Enel set to launch digital banking services". Reuters . 9 October 2020.
  32. ↑ "How Enel X strengthens itself with CityPoste Payment - StartMag". 8 December 2020.
  33. ↑ "Enel X Way".
  34. ↑ "Enel X and Arrival partner to launch bus trials in Italy".
  35. ↑ "Energy flexibility con Enel X: per le aziende che vogliono essere sostenibili - Il Sole 24 ORE". 21 December 2021.
  36. ↑ "Enel: 10 Innovation Hub nel mondo; focus sull'Italia con Milano, Catania, Pisa - Affaritaliani.it". 27 November 2019.
  37. ↑ "Telemedicina, con Enel X e Policlinico Gemelli check up personalizzati". 6 April 2022.
  38. ↑ "AgenziaCult – Agenzia di stampa quotidiana".
  39. ↑ "Navigant Research Names Enel X and Nuvve the Leading Electric Mobility Service Providers" (Press release). 29 October 2019.
  40. ↑ "A Exco sette aziende premiate per l'economia circolare - Il Sole 24 ORE". 16 May 2019.
  41. ↑ "Guidehouse Insights Leaderboard: Energy as a Service".
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