A hard Brexit that sees Great Britain fall out of the Internal Energy Market (IEM) could cost consumers as much as £270 million a year, a new report from the UK Energy Research Centre (UKERC) has claimed.
The UK government is seeking the “most rapid and effective path” towards a potential re-opening of the Capacity Market, but has failed to determine the consequences if a negative decision is forthcoming.
Energy giant innogy’s International Middle East (IME) division has invested £500,000 in UK energy tech start-up Verv.
Vattenfall is to install its maiden electric vehicle charging stations in the UK after clinching an agreement with contracting firm BMM Energy Solutions and South Norfolk Council.
Flexibility platform provider Piclo has completed a clean sweep of Great Britain’s networks by signing up Western Power Distribution (WPD) to its Piclo Flex marketplace.
The European Network of Cyber Security (ENCS) has partnered with the European Distribution System Operators’ Association for Smart Grids (E.DSO) to launch a set of cyber security requirements for EV charging infrastructure.
Following on from the proof-of-concept demonstration of a blockchain-powered energy web at European Utility Week last month, the Energy Web Foundation’s Andreas Hergesell and Peter Bronski explore the technical considerations surrounding blockchain applications in the energy sector, and the importance of bridging the digital and physical worlds.
Social Energy, a UK-based energy technology start-up, is intending to disrupt the energy sector with an artificial intelligence-powered platform that could slash domestic energy bills.
Energy aggregator Limejump has struck a deal with NextEnergy Solar Fund (NESF), one of the UK’s largest solar asset owners, to trade 120MW of PV generation.