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All signs point to the next generation of commercial buildings becoming all-electric.
by Sarah Golden
Three years ago, the oil major created a division to invest in electricity, clean energy, electric vehicle charging, alternative fuels and other newer businesses. GreenBiz recently got an update on how all of that's been going.
At the Plug and Play accelerator, energy-focused startups pitch their ideas and energize the big players. Many of them are using AI to do it.
European oil giants plan to expand into cleaner products. Their U.S. counterparts: not so much.
The oil giant's injection may be a drop in the ocean compared to its other activities, but it demonstrates growing recognition of the risks of fossil fuels.