Clean power players
Futurice Digital Energy 40 Report reveals the companies transforming the European energy game
Meet the 40 trailblazers using code, capital and clean power to rewire Europe's energy system
LONDON, May 12, 2025 /PRNewswire/ -- Futurice today releases the inaugural Digital Energy 40 report, highlighting how clean energy has evolved into a central force reshaping Europe's energy systems—driven by advanced digital technologies and intelligent infrastructure. Click here to access the report.
"With Europe's grids under strain, energy prices still volatile, and net zero deadlines looming, decentralisation and diversification of the energy ecosystem have become operational imperatives," says David Mitchell, chief growth officer at Futurice. "Private Equity investment in European renewables hit an all-time high of €36 billion last year, and the EU plans to add a record 89 GW of new renewable capacity in 2025 - roughly twice the UK's peak electricity demand. The energy transition is accelerating."
"But this shift brings urgent challenges. Take our power systems: the Heathrow substation fire in London and the recent Iberian Peninsula blackout – Europe's first major grid crisis of the renewable energy era – show that grid modernisation isn't just about adaptation; it's about preventing cascading failures that can affect millions," adds Mitchell.
The Digital Energy 40 ranks the standout companies operating in the UK, DACH and Nordics addressing the complex questions behind this transformation using four core metrics:
Market execution – how effectively a company delivers its solution at scale
Market innovation – originality in approach, model and customer engagement
Technology capability – the strength and sophistication of its tech offering
Technology impact – how far a company's solutions move the needle on the energy transition
First-placed Octopus Energy, founded in 2015, is now the UK's largest energy supplier – a rapid rise powered by its AI-driven Kraken platform, which manages over 38 GW of utility-scale assets and supports 60 million accounts globally. Backed by major international investment and initiatives like Project Mercury, it's cementing its position as a global leader in the clean energy transition.