The UK requires around £140 billion of private investment to meet its climate change goals. Image: RES.
April 22, 2024

High interest rates could add £29 billion to UK energy bills

Research by think tank Resolution Foundation has found that interest rates in the UK could add an additional £29 billion to household energy bills.
National Grid Network Wires
April 22, 2024

National Grid, Electron partner on improving flexibility services

National Grid has announced its partnership with Electron to increase the volume of flexibility for both system operators and flexibility service providers (FSPs).
SSE Grid Connection City Transmission
April 22, 2024

Ofgem welcomes ESO’s ‘first-ready, first-connected’ grid connection reforms

Regulation watchdog Ofgem has responded to the UK’s Electricity System Operator’s (ESO) proposed reforms for the country’s grid connection problems.
Connected Kerb smart EV charge
April 22, 2024

‘First of its kind’ smart charging rollout for EVs to save £1.5 billion annually

The first areas to see the rollout will be the regions of West Sussex, Lincoln, Scarborough, Ryedale, and Sunderland.  
Battery storage installations also saw a welcome increase in 2023. Image: Nesta.
April 19, 2024

MCS: Heat pump installations achieve ‘second-best month in the scheme’s history’

According to the latest statistics from MCS, the number of installations of battery storage and heat pumps rose dramatically in Q1 2024.
Whitelaw Brae wind farm site
April 19, 2024

Wind farm in Scottish Borders to be Britain’s ‘largest’ people-owned renewable project

People across the country can co-own the wind farm via a co-operative, powering their homes with up to 100% green energy.
UK Labour port funding
April 19, 2024

Labour will invest £1.8 billion in ports: ‘The most significant upgrade in a generation’ 

UK ports bosses have raised concerns about the Conservative government's lack of investment in infrastructure.
Peterhead Energy Hub SSE
April 19, 2024

Irish power prices expect a 14% drop in 2024/25, says Cornwall Insight

New research from Cornwall Insight has revealed that Ireland’s power prices are expected to drop by 14% over the next 12 months.
According to the survey, 35% of the respondents plan to increase their investments in renewable energy by up to 10%. Image: AlphaReal.
April 19, 2024

‘Majority’ of pension funds to expand into renewable market within five years, AlphaReal finds

Specialist investment manager AlphaReal has found that the vast majority of UK pension and insurers will increase their sustainable investment allocations in the next five years.
octopus energy
April 19, 2024

Octopus Energy Group expands into Brazil  

The partnership between Octopus Energy Group and Energisa, a Brazilian gas utility, marks Octopus’ first move into South America.

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