Enel X
{{short description|Italian utilities company established in 2017}}
{{Multiple issues|
{{promotional|date=August 2023}}
{{Buzzword|date=August 2024}}
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{{Use dmy dates|date=January 2021}}
{{Infobox company
| name = Enel X
| logo = Enel X.png
| image =
| foundation = {{Start date|df=yes|2017}}{{Cite web|url=https://xconomy.com/boston/2017/06/22/energy-software-firm-enernoc-inks-300m-sale-to-enel-group/|title= Xconomy: Energy Software Firm EnerNOC Inks $300M Sale to Enel Group}}
| founder = Enel S.p.A{{Cite web|url=https://replicate-project.eu/community/partners/enel-x/|title=Enel X – Replicate Project EU|date=29 November 2019 }}
| defunct =
| location_city = Rome
| location_country = Italy{{cite web |title=Enel X Srl - Company Profile and News |url=https://www.bloomberg.com/profile/company/1688480D:IM |website=Bloomberg.com |language=en}}
| locations =
| area_served = Worldwide
| key_people = Francesca Gostinelli, CEO{{cite web|url=https://www.corriere.it/economia/aziende/23_ottobre_31/enel-x-cambio-vertice-lascia-l-ad-venturini-guida-francesca-gostinelli-513e15ba-77cf-11ee-9c2e-f70519f46617.shtml|title=Enel X, cambio al vertice: lascia l'ad Venturini, la guida a Francesca Gostinelli- Corriere.it|date=31 October 2023 }}
| industry = {{Unbulleted list|Energy|digitalization|sustainability|innovation|electrification}}
| products = {{Unbulleted list|Demand response|Energy procurement services|Electric mobility|Distributed energy resources|Energy storage solutions{{buzzword inline|date=October 2019}}|Utility bill management}}
| services =
| revenue = {{Increase}} €1.536 billion (December 2021){{Cite web|url=https://it.marketscreener.com/quotazioni/azione/ENEL-S-P-A-70935/attualita/Enel-X-Venturini-modello-funziona-1-5-mld-fatturato-2021-36624399/|title=Enel X : Venturini; modello funziona, 1,5 mld fatturato 2021 |date=7 October 2021 }}
| num_employees = 5,500{{Cite web|url=https://www.owler.com/company/enernoc|title=Enel X's Competitors, Revenue, Number of Employees, Funding, Acquisitions & News - Owler Company Profile}}
| parent = Enel
| divisions =
| homepage = {{URL|https://corporate.enelx.com/}}
| footnotes =
}}
Enel X Global Retail is a division of the Enel Group operating in the field of energy supply, energy management services, and public and private electric mobility.{{Cite web|url=https://www.financemagnates.com/fintech/news/mastercard-and-enel-x-to-set-up-fintech-cyber-innovation-lab-in-israel/|title=Mastercard and Enel X to Set Up Fintech-Cyber Innovation Lab in Israel |date=14 May 2020 }}{{Cite web|url=https://www.energymanagertoday.com/top-demand-response-providers-ranked-navigant-0113672/|title=Top Demand Response Providers Ranked by Navigant|website=Energy Manager Today|language=en-US|access-date=2018-01-19}}{{Cite web|url=https://cases.haas.berkeley.edu/assets/documents/2021-best-case-award-enelx-preview.pdf |title=EnerNOC Rebranded Into Enel X, All Advanced Energy Solutions In North America Integrated Under One Global Brand}} Its main office is in Rome.
History
Enel X expanded its services{{Clarify timeframe|date=August 2024}} by acquiring companies specialized in the digitization of energy services{{Cite web|url=https://motori.virgilio.it/green/enel-x-rivoluzione-mobilita-elettrica-continua/135977/|title=Enel X, la rivoluzione della mobilità elettrica continua |date=29 December 2019 }} and by creating partnerships with companies from industries such as automotive,{{Cite web|url=https://www.petrolplaza.com/news/22218|title=Enel X, FCA partner to boost e-mobility in Europe|date=17 June 2019 }} home automation,{{Cite web|url=https://www.smartcitiesworld.net/news/news/planet-smart-city-partners-to-bring-sustainable-energy-solutions-to-housing-projects-6141|title=Planet Smart City partners to bring sustainable energy solutions to housing projects - Smart Cities World}} and ITC.
It also carries out activities in the field of electric mobility, leading to installing charging points throughout Italy.{{Cite web|url=https://chargemap.com/networks/enel|title=Charging stations of Enel X}} In July 2018, Enel X acquired 21% of Ufinet International, a platform in the ultra-broadband sector in Latin America.{{Cite web|url=https://www.capacitymedia.com/articles/3816712/Enel-spends-150m-on-Ufinet-stake-with-potential-2bn-future-buyout-clause|title=Capacity Media|date=27 June 2018 }} In the same period, Enel X expanded in the energy efficiency sector by acquiring Yousave.{{Cite web|url=https://www.spglobal.com/marketintelligence/en/news-insights/trending/o_bhdqf7scyjvnyvge8j1a2|title=Enel unit to acquire energy efficiency services company Yousave }} In October 2018, Enel X announced that its subsidiary EnerNOC, Inc. rebranded to Enel X.{{Cite web|url=https://www.environmentalleader.com/2018/10/enernoc-rebrands-to-enel-x/|title=EnerNOC Rebrands to Enel X|date=2 October 2018 }}{{Cite press release|url=https://www.globenewswire.com/news-release/2018/10/01/1587856/0/en/EnerNOC-Rebranded-Into-Enel-X-All-Advanced-Energy-Solutions-In-North-America-Integrated-Under-One-Global-Brand.html|title=EnerNOC Rebranded Into Enel X, All Advanced Energy|date=October 2018 }} This operation was followed by acquiring Demand Energy (DEN) and eMotorWerks in the United States.{{Cite web|url=https://www.solarnews.es/solarnews_america/2020/12/10/enel-x-and-eaton-team-up-on-solar-and-storage-microgrid-in-puerto-rico/|title=Enel X and Eaton Team Up on Solar and Storage Microgrid in Puerto Rico – SolarNews América|date=10 December 2020 }}
On December 20, 2018, Enel X and Infracapital signed a deal for energy efficiency projects for business customers.{{Cite web|url=https://energyindustryreview.com/power/enel-x-and-infracapital-launch-energy-services-platform-for-business-clients/|title=Enel X and Infracapital launch energy services platform for business clients|date=21 December 2018 }} In September 2018, progress on the installation of new charging points in Italy were announced.{{Cite web|url=https://www.corrieredellosport.it/news/motori/news-motori/2018/09/21-47703706/enel_x_e_rivoluzione_elettrica_2_500_colonnine_di_ricarica_entro_l_anno|title=Enel X, è rivoluzione elettrica: 2.500 colonnine di ricarica entro l'anno|date=21 September 2018 }} In January 2019, Enel X became Poland’s 2021 - 2023 demand response leader, with a 70% share in the segment.{{Cite web|url=https://www.smart-energy.com/industry-sectors/energy-grid-management/enel-secures-3rd-deal-in-2021-2023-polish-capacity-market/|title=Enel secures 3rd deal in the 2021-2023 Polish capacity market|date=21 January 2019 }}
In June 2019 Enel X and FCA signed a partnership agreement for the development of electric vehicle projects.{{Cite web|url=https://www.electrive.com/2019/06/16/fca-teams-up-with-engie-enel-x-for-charging-solutions/|title=FCA teams up with Engie & Enel X for charging solutions - electrive.com}}{{Cite web|url=https://www.fleeteurope.com/en/new-energies/europe/features/fca-teams-enel-x-and-engie-e-mobility?a=FJA05&t%5B0%5D=FCA&t%5B1%5D=ENGIE&t%5B2%5D=Enel&curl=1|title=FCA teams up with Enel X and ENGIE for e-mobility |date=18 June 2019 }} In October 2019 the company signed a partnership with Hyundai, comprising the possibility of recharging electric vehicles at Enel X public recharging infrastructures.{{Cite web|url=https://www.smart-energy.com/industry-sectors/electric-vehicles/hyundai-and-enel-x-integrate-solutions-for-ev-customers/|title=Hyundai and Enel X integrate solutions for EV customers|date=28 October 2019 }} The same occurred with other car manufacturers, such as Audi,{{Cite web|url=https://www.enel.com/media/explore/search-press-releases/press/2017/12/enel-and-audi-sign-agreement-to-develop-electric-mobility-services|title=Enel and Audi sign agreement to develop electric mobility services |date=7 December 2017 }} PSA {{Cite web|url=https://carcar.news/2020/03/10/psa-and-enel-x-together-for-electric-mobility/|title=PSA and Enel X together for electric mobility - CarCar.news}} and Smart.{{Cite web|url=https://www.repubblica.it/motori/sezioni/attualita/2020/01/20/news/smart_e_enel_x_un_matrimonio_riuscito-246244916/|title=Smart e Enel X, un matrimonio riuscito - la Repubblica|date=20 January 2020 }}
In 2019, Enel X started the “Vivi Meglio” project,{{Cite web|url=https://www.corrierecomunicazioni.it/digital-economy/smart-city/il-condominio-diventa-smart-grazie-a-vivi-meglio-di-enel-x/|title=Il condominio diventa "smart" grazie a Vivi Meglio di Enel X - CorCom|date=14 May 2019 }} which was aimed at promoting energy efficiency, technical modernization, as well as to enhance safety standards in construction industry. In the same year, Homix{{Cite web|url=https://www.eurelectric.org/stories/consumers/enel-x-homix/|title= Enel X - Homix - Eurelectric – Powering People |date= January 2001 }} 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.{{Cite web|url=https://insideevs.com/news/393541/enel-x-launches-new-juicebox-ev-charger/|title=Enel X Launches Next Generation JuiceBox, JuicePump at CES}}
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.{{Cite news|url=https://www.reuters.com/article/enel-digital-bank-idINL8N2H0232|title=Italy's Enel set to launch digital banking services |website=Reuters |date=9 October 2020 }} In the same period, the acquisition of Paytipper S.p.A. and Cityposte Payment was completed.{{Cite web|url=https://www.vogon.today/startmag/how-enel-x-strengthens-itself-with-cityposte-payment/2020/12/08/|title=How Enel X strengthens itself with CityPoste Payment - StartMag|date=8 December 2020 }} In 2022, Enel X’s electric mobility services have been incorporated into Enel X Way,{{Cite web|url=https://www.fiaformulae.com/discover/partners/enel|title=Enel X Way }} 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.
In October 2024, the company announced abruptly that they would close their electric mobility business in North America and Canada, leaving thousands of customers without working ev chargers.https://www.juiceboxnorthamerica.com/
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.{{Cite web|url=https://www.ilsole24ore.com/art/energy-flexibility-enel-x-le-aziende-che-vogliono-essere-sostenibili-AEUDNy2|title=Energy flexibility con Enel X: per le aziende che vogliono essere sostenibili - Il Sole 24 ORE|date=21 December 2021 }} 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”,{{Cite web|url=https://www.affaritaliani.it/economia/enel-10-innovation-hub-nel-mondo-focus-sull-italia-con-milano-catania-pisa-639737.html|title=Enel: 10 Innovation Hub nel mondo; focus sull'Italia con Milano, Catania, Pisa - Affaritaliani.it|date=27 November 2019 }} 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.{{Cite web|url=https://www.corrierecomunicazioni.it/pa-digitale/e-health/telemedicina-con-enel-x-e-policlinico-gemelli-check-up-personalizzati/|title=Telemedicina, con Enel X e Policlinico Gemelli check up personalizzati|date=6 April 2022 }}
Awards
In 2017, Enel X won Corporate Art Award 2017 “for its ability to promote historical heritage and urban projects through artistic lighting”.{{Cite web|url=https://agcult.it/2017/11/22/cultura-mecenatismo-vincitori-dei-corporate-art-awards-2017/|title=AgenziaCult – Agenzia di stampa quotidiana}} In 2018, it took the third place on the podium on the charging services Leaderboard drawn up by Navigant Research.{{Cite press release|url=https://www.businesswire.com/news/home/20191029005060/en/Navigant-Research-Names-Enel-Nuvve-Leading-Electric|title=Navigant Research Names Enel X and Nuvve the Leading Electric Mobility Service Providers |date=29 October 2019 }} In 2019, Enel X’s circular economy model took centre stage at EXCO 2019, an event which focused on international cooperation.{{Cite web|url=https://www.ilsole24ore.com/art/a-exco-sette-aziende-premiate-l-economia-circolare-ACWxIpD|title=A Exco sette aziende premiate per l'economia circolare - Il Sole 24 ORE|date=16 May 2019 }} In 2021 and 2022, Enel X has been named a market leader in the Energy as a Service Leaderboard report from Guidehouse Insights.{{Cite web|url=https://guidehouseinsights.com/reports/guidehouse-insights-leaderboard-energy-as-a-service|title=Guidehouse Insights Leaderboard: Energy as a Service}}
References
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Category:1999 initial public offerings
Category:Companies based in Rome
Category:Companies formerly listed on the New York Stock Exchange
Category:Conglomerate companies of Italy
Category:Electrical engineering companies of Italy
Category:Energy companies established in 1962
Category:Energy companies of Italy
Category:Government-owned companies of Italy
Category:Multinational companies headquartered in Italy
Category:Natural gas companies of Italy
Category:Non-renewable resource companies established in 1962
Category:Oil and gas companies of Italy
Category:Partly privatized companies of Italy
Category:Electric power companies of Italy
Category:Renewable energy companies of Europe
Category:Renewable energy companies of Italy
Category:Renewable resource companies established in 1981