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Enel X

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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
Francesco Venturini, CEO[4]
Products
RevenueIncrease €1.536 billion (December 2021)[5]
Number of employees
5,500[6]
ParentEnel
Websitecorporate.enelx.com

Enel X Global Retail is the Enel Group's global business line operating in the field of energy supply and energy management services, 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.

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.

Until the establishment of Enel X Way, it carried out activities in the field of electric mobility, leading to the installation of 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 with the acquisition of Yousave.[15] In October 2018, Enel X announced that its subsidiary EnerNOC, Inc. rebranded to Enel X.[16][17] This operation was followed by the acquisition of 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, progresses 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 “commodity” and “beyond commodity” solutions.[34]

Activities

Enel X operates in the fields of energy supply and energy efficiency, with a portfolio of value-added products and services that promote a more autonomous and sustainable use of energy. Enel X manages demand response services with 6.7 GW of total capacity, and over 2.8 million lighting points worldwide. It provides energy services to around 69 million end customers worldwide through companies dedicated to the sale of electricity and gas.[35] It works globally for the development of innovative solutions regarding the energy transition. Furthermore, by promoting the electrification of consumption and the digitalization of processes, it supports companies in improving their energy performance and achieving Net Zero objectives.[36] Enel X supports public administrations in achieving decarbonization and sustainability objectives by providing services for electrified, digitized and circular cities.[37]

With a positive attitude for innovation, Enel X created an “Innovation & Product Lab”,[38] 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.[39]

Awards

In 2017, Enel X won Corporate Art Award 2017 “for its ability to promote historical heritage and urban projects through artistic lighting”.[40] In 2018, it took the third place on the podium on the charging services Leaderboard drawn up by Navigant Research.[41] In 2019, Enel X’s circular economy model took centre stage at EXCO 2019, an event which focused on international cooperation.[42] In 2021 and 2022, Enel X has been named a market leader in the Energy as a Service Leaderboard report from Guidehouse Insights.[43]

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 2018".
  5. ^ "Enel X : Venturini; modello funziona, 1,5 mld fatturato 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. ^ "Aiming to reduce its carbon footprint, Enel X implements a large-scale photovoltaic project at Hacienda Chacabuco".
  37. ^ "Enel and Santander to Support Clean Energy Transition".
  38. ^ "Enel: 10 Innovation Hub nel mondo; focus sull'Italia con Milano, Catania, Pisa - Affaritaliani.it".
  39. ^ "Telemedicina, con Enel X e Policlinico Gemelli check up personalizzati". 6 April 2022.
  40. ^ "AgenziaCult – Agenzia di stampa quotidiana".
  41. ^ "Navigant Research Names Enel X and Nuvve the Leading Electric Mobility Service Providers" (Press release). 29 October 2019.
  42. ^ "A Exco sette aziende premiate per l'economia circolare - Il Sole 24 ORE". 16 May 2019.
  43. ^ "Guidehouse Insights Leaderboard: Energy as a Service".
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