An inquiry held by the Lords Environment and Climate Change Committee has concluded that the Government’s Boiler Upgrade Scheme (BUS) is failing to deliver on its objectives, as the take-up of grants remains “disappointingly low.”

Digital sales journey specialist for vehicle providers, Diode, will now provide the technology for Athlon’s EV Ready Tool which offers an electric vehicle (EV) suitability assessment for businesses.

UK Power Networks has confirmed a “world-first” trial of smart transformers will be explored with the firm set to install the technology within existing substations at Uckfield and New Romney in East Sussex.

Current± – along with its sister site Energy-Storage.news – is at Solar Media’s Energy Storage Summit 2023, finding out about the investment opportunities for storage, the growing flexibility markets, how storage can help tackle grid connection constraints and much more.

An electricity system developed by Electricity North West which could offer £1.2 billion in savings, was the sole awardee of Ofgem’s latest innovation assessment and has been recognised by the energy regulator as “exceptional.”

Wholesale gas price volatility caused by the Russian invasion of Ukraine, has cost the UK around £1,000 for each adult, the Energy and Climate Intelligence Unit (ECIU) said.

An independent assessment by Energy Saving Trust has found that Passiv UK’s smart heat pump controls increase the space heating Coefficient of Performance (CoP) by 25% for hybrid heat pumps and 17% for standalone heat pumps.

By modelling typical Scottish homes, research commissioned by WWF and conducted by Cambridge Architectural Research found that air source heat pumps (ASHP) would be the “lowest cost and most versatile electric solution” for homes that currently use gas and oil boilers, reducing emissions by up to 90% annually.

The UK Government must set a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction to prevent limited private investment in solar and wind generation, RenewableUK said.

In this week’s edition of Current± Price Watch – powered by Enact – we take a look at the caution suggested by the high T-1 Capacity Market clearing price, the changing face of nuclear in Britain and the saving seen by industrial participants in the ESO’s Demand Flexibility Service.