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radiator-250558_1920
January 31, 2024

Fixed energy tariffs £130 more than April price cap predictions

Cornwall Insight has warned that the fixed energy tariffs currently available are an average of £133 more than the predicted April Default Tariff Cap.
National Grid ESO Demand Trace
January 31, 2024

Forthcoming T-1 and T-4 Capacity Market auction targets increased by 0.8GW total

DESNZ has accepted National Grid ESO's recommendations to increase the forthcoming one-year ahead (T-1) and four-year ahead (T-4) auction targets to 0.3GW and 0.5GW respectively.
Bonnet-Media-Image-1
January 30, 2024

OVO completes acquisition of EV charging consumer app Bonnet

OVO has completed the acquisition of electric vehicle (EV) charging consumer app Bonnet.
Amazon increases share in Moray West wind farm to 473MW. Image: moraywest.com
January 30, 2024

Amazon increases share in Moray West wind farm to 473MW

Online retail giant Amazon has agreed to increase its share of output from Ocean Winds’ Moray West offshore wind farm in Scotland to a total of 473MW.
SF6 has a global warming potential that is 25,200 times greater than CO2. Image: UKPN.
January 30, 2024

University of Aberdeen to reduce SF6 usage in EU project

The University of Aberdeen’s high voltage DC (HVDC) research centre has joined a European initiative to reduce the use of SF6.
ferrybridge-5428427_1920
January 30, 2024

UK domestic electricity supply falls by 12% in three months

New provisional statistics from DESNZ reveal that total electricity supplied by Major Power Producers in the UK fell by 12.7% between September and November 2023.
Rising cost of capital could jeopardise renewables expansion ahead of CfD auction, says Cornwall Insight. Image: Onshore Wind and Beyond.
January 30, 2024

UK onshore wind market finally set for a resurgence

In this guest blog Mollie McCorkindale, senior analyst at Solar Media Market Research, discusses how the UK onshore wind market is set to boom.
Monta's CEO Casper Rasmussen. Image: Monta
January 29, 2024

Monta raises £68 million Series B funding, as it targets 80% UK growth

EV charging operating platform Monta has announced the close of its €80 million (£68.1 million) Series B funding round as it eyes 80% growth in the UK market.
FirstGroup secures £150 million funding package to electrify 1,000 UK buses. Image: CNW Group/Alexander Dennis Limited.
January 29, 2024

FirstGroup secures £150 million for 1,000 zero-emission bus fleet

FirstGroup, a private sector transport operator, has secured a £150 million green finance facility led by Lloyds Bank to add 1,000 zero-emission buses to its UK fleet network.
Octopus Energy reports 197% YoY growth in revenues for FY23. Image: Octopus Energy
January 29, 2024

Octopus Energy Group FY23 revenues triple with 197% YoY growth

UK-based energy supplier, Octopus Energy Group, has reported a 197% year-on-year increase in revenues for FY23, contributing to a 1.6% profit margin.

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