Page 124 – Current News

April 12, 2024

UK power prices drop by 50% YoY in Q1 2024

New analysis from Montel’s EnAppSys has revealed that power prices decreased by approximately 50% in Q1 2024 with record-high renewables output.

April 12, 2024

Ofgem reveals new criteria for assessing mergers

Regulation watchdog Ofgem has announced the criteria it will use to assess mergers, as requested by the Competition and Markets Authority (CMA).

April 12, 2024

Modo: Q1 2024 sees lowest installed BESS capacity since 2022, as Tesla dominates market

Market analytics platform Modo Energy has indicated that in Q1 2024, the lowest battery energy storage capacity was installed since 2022.

April 12, 2024

Funding allocated to support households struggling with higher energy costs

Devon County Council has confirmed it will receive government funds to help households struggling to pay high energy bills.

April 11, 2024

SSEN issues tender opportunities for £320 million programme

Scottish and Southern Electricity Networks (SSEN) Distribution has released £320 million of contract opportunities for the north of Scotland’s electricity network.

April 11, 2024

Cornwall Insight reduces power price forecast for rest of the decade

Cornwall Insight’s latest projections from its Q1 Power Curve suggest the drop in power prices will extend to the end of the decade.

April 11, 2024

UK will be ‘net importer from continental Europe’ this summer, says NGESO

National Grid ESO has published its Summer Outlook 2024, detailing a season of interconnector reliability and lower balancing costs than the previous year.

April 11, 2024

Report: UK firms will have to comply with stricter EU green laws

UK companies looking to do business across Europe will have “little choice” but to comply with increasingly strict EU green rules. 

April 11, 2024

14 EV chargers opened at Doncaster’s Frenchgate shopping centre

Zest electric vehicle charging solutions has opened new charging infrastructure at Doncaster’s Frenchgate shopping centre.

April 10, 2024

EDF, ESB and Reventus partner to capitalise on the Celtic Sea wind opportunity

Energy company EDF Renewables UK has inked a partnership with ESB and Reventus Power to develop a 1.5GW floating offshore wind farm in the Celtic Sea.