Great Britain (GB) returned to being a net importer of electricity in the first quarter of 2023 while renewable generation was the largest contributor to the power generation mix, says EnAppSys.

The Department for Energy Security and Net Zero (DESNZ) has said that £160 million in energy bill support for customers on prepayment meters is yet to be claimed, though £780 million has been delivered. 

The Department for Energy Security and Net Zero (DESNZ) has launched a consultation on legislative proposals for offshore hydrogen pipelines and storage.

Octopus Energy Group has announced it is launching its green tariff, ‘Fan Club’ in the US and Germany.

Ocean Winds has secured £2 billion of non-recourse project finance and reached a Final Investment Decision (FID) on funding for its Moray West offshore wind farm in the Moray Firth.

Nations present at the North Sea Summit have agreed to a combined target of 120GW of offshore wind capacity in the North Sea by 2030.

Ardersier Port has received an initial £300 million investment from Quantum Energy Partners to facilitate offshore wind projects in the region.

This week’s issue of Current± Price Watch – powered by Enact – looks at Ofgem being granted a net zero mandate to support the road to decarbonisation, the Energy Networks Association’s (ENA) three step action plan for grid connections and National Grid ESO’s (NGESO) predicted 30% drop in balance prices this summer.

A campaign has been launched to reach 30,000 certified heat pump installers (of which the UK is roughly 28,500 short) by 2028 and address the nation’s troubling green skills shortage.

Across the UK, there has been increasing interest in electric vehicle (EV) charging tariffs in a bid to attract new customers.