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Current-Price-Watch - UPDATED
July 31, 2023

Current± Price Watch: Imbalance prices dip to -£18 as ESN highlights concerns on the BM

In the final Price Watch of this series we explore imbalance prices dropping to -£18.81 as the Electricity Storage Network highlights concerns on National Grid ESO’s bid to run the GB electricity system for periods at zero carbon. 
The first of BT Group's street cabinet EV chargepoints will go live in the coming weeks.
July 31, 2023

EV skills gap threatens government targets, says RECHARGE UK

EV infrastructure company RECHARGE UK has warned that the EV skills gap threatens to derail the UK Government’s chargepoint target for 2030.
OEV_decal
July 31, 2023

Octopus EV looks to unlock second-hand EV market

Octopus Electric Vehicles (EV), part of Octopus Energy Group, has launched a second-hand salary sacrifice scheme for EVs.
Batteries see 80% average skip rate in Balancing Mechanism, says ESN. Image: Zenobe Energy.
July 31, 2023

Batteries have 80% average skip rate in Balancing Mechanism, says ESN

On behalf of its 80 members, the Electricity Storage Network (ESN) has penned an open letter to National Grid ESO expressing concerns over the Balancing Mechanism (BM) highlighting an average skip rate of 80% for batteries.
18/07/2023. London, United Kingdom. Secretary of State for Energy Security and Net Zero Grant Shapps launching Great British Nuclear. Picture by Rosie Hallam / DESNZ
July 31, 2023

PM kicks off week promoting UK’s energy security but critics slam new oil and gas licenses

Prime Minister Rishi Sunak is today visiting North East Scotland as government seeks to promote the UK’s energy security and growth, but critics express concern about new oil and gas licenses.
New UK Government legislation targets 99% reliability for rapid EV chargers. Image: Getty.
July 31, 2023

EVIEs awards spotlight: Public Transport Authority of the Year

As this year’s Electric Vehicle Innovation and Excellence Awards (EVIEs) draws closer time is running out to submit applications for categories such as Public Transport Authority of the Year.
The new rules will help remove "phantom projects" from the TEC register. Image: Getty.
July 28, 2023

New price cap prediction shows no hint at return to pre-crisis prices

Cornwall Insight's latest Default Tariff Price Cap predictions revealing “no immediate prospect” of prices returning to pre-pandemic averages.
Almost 50% of British homeowners are considering making the switch to a heat pump. Image: EDF Energy.
July 28, 2023

Almost 50% of surveyed households are considering heat pumps, says EDF

Research by EDF Energy UK has revealed that almost 50% of British homeowners are considering switching to heat pumps.
Test_Day_vehicle_line_up (1)
July 28, 2023

EV production surges but slow connections threaten the switch

Electric vehicle year-to-date production surges to 71.6% but slow grid connections could delay the switch to electric.
Orange ofgem text over a blue gas stove
July 28, 2023

Ofgem announces reforms to help customers and businesses

Energy industry regulator Ofgem has this week announced a series of reforms to improve its customer service for businesses and households. 

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