This week’s issue of Current± Price Watch – powered by Enact – explores National Grid ESO’s plans to speed up grid connections, the UK achieving a major milestone in generating its first trillionth kilowatt hour of renewable energy, a look into Ireland’s long term power price forecast and how UK-EU cooperation could cut energy costs.

A new University College London (UCL) report analysing revenues in the GB power sector has found that consumers paid £29 billion more in 2022 compared to pre-Covid levels, a rise of about £500 per person.

Cornwall Insight has released its final forecast for the Q3 2023 Default Tariff Cap (price cap) set at £2,053.77.

The UK Government has extended the Energy Bills Discount Scheme (EBDS) to support more businesses today (May 19).

Motorway service operator Moto and sustainable energy company GRIDSERVE have gone live with 48 ultra rapid EV charging points this year.  

The UK will need to address nuclear's cost-competitiveness with alternative low-carbon technologies to spur growth, a report has indicated.

SSE has welcomed a Supreme Court ruling in favour of the company in a long running legal case relating to the Glendoe Hydro Electric Station. 

Octopus Energy has confirmed it will make a £1.2 billion investment in the Asia-Pacific renewables sector by 2027.

A projected rise in interconnector exports and reduction in imports has led Cornwall Insight to raise its prediction for long-term power prices in Ireland.

The Japanese Ministry of Economy, Trade and Industry and UK Department for Energy Security and Net Zero (DESNZ) have issued a joint statement on energy security cooperation.