National Grid ESO warns of tight margins as power price set to surge beyond £300/MWh
Low winds and falling temperatures have caused power prices to spike this evening (26 November), as National Grid ESO warns of tight margins.
Overview
Energy companies join call for stronger carbon pricing ahead of Brexit
Companies from business, finance, academic and civil society have called on the UK government to commit to stronger and more consistent carbon pricing.
Elmtronics to 'step up' EV charging rollout with new £1.5m funding
Electric vehicle charging firm Elmtronics has secured £1.5 million in funding to help drive its expansion.
BT teams up with Hubbub for smart home technology trial
The Smarter Living Challenge has been launching by BT and Hubbub to explore how technology can reduce household carbon emissions.
EDF continues energy storage push with PowerUp investment
EDF has invested in cleantech startup PowerUp in a bid to support its 10GW of storage by 2035 ambitions.
National Infrastructure Strategy unveiled detailing 'ambitious' energy commitments
Measures to improve the UK's green infrastructure - including the creation of a UK infrastructure bank, a ramping up of electric vehicle policy and funding for hydrogen and carbon capture and storage - have been detailed by the government.
Negative pricing extended in CfD rules as clarity on energy storage, renewables integration yet to come
The government has confirmed that it will extend the negative pricing rule for projects bidding in next year’s Contracts for Difference (CfD) auction, but will further consult with the industry on potential amendments for energy storage and system flexibility.
Little energy funding highlighted in Sunak’s Spending Review
Little was announced as part of this afternoon’s Spending Review that directly related to the energy sector, despite Chancellor Rishi Sunak stating that the government was "setting the direction" for green energy.
COVID-19 could be a catalyst for a ‘greener, more sustainable future’ says Octopus Renewables
As governments turn their eyes to a green recovery, 80% of institutional investors are planning to increase their investment into renewable energy.