Cornwall Insight has confirmed that the latest forecasts for the Default Tariff Cap have seen energy bill predictions fall to £3,208 from April 2023 as a result of positive gas storage and demand reductions in Europe.

Following the culmination of its Offshore Wind Leasing Round 4, The Crown Estate has signed Agreements for Lease for six offshore wind projects with the potential to generate approximately 8GW of renewable energy.

“I suspect there will be a similar scheme to triads implemented next year. The National Grid will look at responses from clients and utilities as to how they should shape and form the next scheme,” said Barry Hurst, head of sales UK and Ireland at the latest Current± Briefings webinar.

In a bid to promote energy efficiency and accelerate the adoption of clean heating solutions, the Institute for Public Policy Research (IPPR) has called on the UK government to bring forward £5.8 billion of investment from 2025.

A £8.8 million (€10 million) project funded by the European Union and UK Research and Innovation was launched yesterday (17 January) to maximise tidal energy generation by developing the “world’s largest tidal turbine blades”.

The UK Government has today (17 January) announced £3.27 million funding will be given to upgrade the electric vehicle (EV) charging network across Northern Ireland.

Ireland is set to benefit from a new agreement between Statkraft and investment management firm Copenhagen Infrastructure Partner (CIP) in which up to 2.2GW of offshore wind will be developed in the nation.

Origami, an independent energy data platform, has confirmed the appointment of two senior hires as it eyes an expansion into the battery energy storage systems (BESS) market.

​Britishvolt going into administration has been dubbed “a real shame” by the Association for Renewable Energy and Clean Technology (REA), in particular given the need for an effective battery energy storage supply chain in the UK.

Consumers based in Northern Ireland were able to avoid paying a collective total of £500 million thanks to the nation’s wind farms having provided 42% of electricity for the year.