Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.

Seeking ways to optimise the use of clean energy, California network operator CAISO (California Independent System Operator) is considering the introduction of a load-shifting product that would incentivise storing peak energy for later use.