The CEO of ‘intelligent energy storage’ provider Stem Inc, has said a recently-awarded project in Japan will lean on business models the company has used in the US, while artificial intelligence (AI) technology makes that same transference possible.

Verv, an energy monitoring and AI company, has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney, East London.

A UK energy demand response start-up using machine learning and artificial intelligence to manage a portfolio of storage assets and provide real-time energy reserves to the grid is set to launch within weeks.