Renewable energy developer SSE Renewables has revealed that its application to build the UK’s largest offshore wind farm, which would be capable of generating 4.1GW of renewable energy, has commenced determination.

Government policy, power prices and a drive towards greater sustainability are resulting in a rapidly increasing number of people adopting EVs, solar installations and domestic batteries.

This week’s issue of Current± Price Watch – powered by Enact – explores the record Dynamic Containment High (DCH) price set by Anesco, the UK Government’s pledge to rebalance electricity and gas prices, as well as Cornwall Insight’s price cap predictions for Q3 and Q4.

The UK government has launched a campaign aiming to help small and medium-sized businesses increase energy efficiency and drive down energy bills.

According to recently-published data from the Department of Energy Security & Net Zero (DESNZ), wind power produced a “record high” share of the UK’s energy between October and December 2022 at 24.6%.

British company EB Charging, who make Electric Blue EV charging stations, are rebranding as Blink Charging UK following their acquisition by US firm Blink Charging.

Cornwall Insight has released its latest Default Tariff cap predictions for July to September (Q3) and October to December (Q4) at £2,024.58 and £2,076.12 respectively.

A survey by the Energy Systems Catapult has revealed that 40% of businesses in the energy sector found it very difficult to hire data scientists with the right skills. 

David Osmon, a former senior economist at Ofgem, has called on the UK government to reduce standing charges on prepayment meters (PPM) permanently by removing VAT from them.

The High Court has unequivocally found that the Government received a fair price for the acquisition of Bulb by the Octopus Energy Group, throwing out the judicial review brought by Centrica, Scottish Power and E.On.