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Shell's annual profits skyrocket to a record breaking 115 year high. Image: Shell.
February 2, 2023

Shell’s annual profits soar to £32.2 billion prompting calls to hike UK windfall tax

British multinational oil and gas company Shell recorded its “highest-ever” annual profits in 2022 amounting to £32.2 billion, with only £1.86 billion estimated to be paid via the UK and EU’s windfall taxes for the year.
Ripple Energy predicts that co-ownership members could save roughly £783 on their electricity bill in 2023. Image: Ripple Energy.
February 1, 2023

Ripple Energy’s third consumer owned project receives 16,000 reservations

The third wind farm of Ripple Energy’s consumer-owned energy project, which allows consumers to buy and co-own a source of renewable energy generation, has received 16,000 reservations for its seven day purchase priority window.
Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.
February 1, 2023

Octopus Energy Group FY revenues surge 110% on rising customer numbers, Kraken ops

​Octopus Energy Group more than doubled its revenue in the full-year 2022 from a year earlier, lifted by the strength of its Kraken billing platform business and rising customer numbers.
It has previously been reported that the South of England could see increased strain due to interconnector issues. Image: Pxhere NC.
February 1, 2023

National Grid ESO forecasts strong transmission capacity growth, but concerns over infrastructure in the South

National Grid ESO has released its Electricity Ten Year Statement (ETYS) 2023 publication, forecasting strong capacity growth for the Electricity Transmission System particularly in Scotland, North Wales and East Anglia, but also highlighting concerns over interconnector infrastructure in the South of England.
February 1, 2023

Current± Disruptors: Paul Frey on grid diversity and digitalisation

February 1, 2023

V2G: The viability of a revolutionary technology

ENA commits to ‘improved transparency
February 1, 2023

ENA commits to ‘improved transparency, easier participation and improved coordination’ for Open Networks plan

The Energy Networks Association (ENA) has identified improved transparency, easier participation and improved coordination as key objectives in 2023 for its Open Networks plan.
Image of the IFA2 National Grid Interconnector
January 31, 2023

National Grid interconnectors transport a record 2.6TWh of power in January

Britain’s interconnector capacity reached record levels this January, transporting 2.6TWh of power through the National Grid’s five subsea cables connected to France, Belgium, The Netherlands and Norway.
In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.
January 31, 2023

Two DSF tests set this week as the scheme’s deadline approaches

National Grid ESO announced a Demand Flexibility Service (DFS) test today (31 January) between 17:30 and 18:00, following yesterday’s test (30 January) which took place between 09:00 and 10:00.
Nodal market design could save consumers up to £51bn. Image: Shutterstock.
January 31, 2023

Northern Powergrid launches Community DSO project to support smart local energy systems

Northern Powergrid has launched a new project with consultancies TNEI and LCP Delta to help develop a new framework for enabling smart local energy systems (SLES) across the low voltage network.

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