Ofgem has launched a formal statutory consultation on proposals to introduce a new licence condition to stop electricity generators making excessive profits through the Balancing Mechanism.

Energy market analytics company Aurora says that Britain is not on track to meet the government’s renewables targets without innovation. 

Current± summarises the top electric vehicle (EV) stories from this week below – from a new Cornwall Insight report on EV charge point growth, to Zest's latest charge point project and Piclo's new flexibility project to ease grid constraint and benefit EV drivers.

The energy sector has rallied to concur with the conclusion drawn by the Climate Change Committee (CCC) in its latest annual report on the UK Government’s progress in reducing carbon emissions (published 28 June) declaring that the UK is “failing in much of its [renewable energy] implementation.”

Distribution and transmission network operator SP Energy Networks (SPEN) has completed a £23 million upgrade to miles of overhead electricity lines around Wrexham, Whitchurch and Crewe.

In response to the UK Government’s request in March this year to continue contingency contracts, EDF and Drax have confirmed that their coal units will not be available for another winter and have begun decommissioning.

As we look forward to this year’s Electric Vehicle Innovation and Excellence Awards (EVIEs) in November, there’s still time to submit applications for categories such as the EV Marketing / Branding Campaign of the Year. 

The electric vehicle (EV) charging provider, ev.energy has announced a new partnership with Maxeon Solar Technologies to drive the roll-out of solar-EV charging solutions across EMEA.

Green Finance Institute and Zapmap UK have released a “UK first” report revealing a “wide gap” in the utilisation of ultra-rapid electric vehicle (EV) chargepoints.

Virgin Money has granted a £14 million financial package to support Ripple Energy’s 18.8MW consumer-owned wind farm in Ayrshire, Scotland.