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Image: Current±.
January 16, 2023

Current± Price Watch: Record wind generation and growing imports keep prices low

In this week’s Current± Price Watch – powered by Enact – we take a look at wind generation records, import records and one of the last Triad warnings.
British Gas prices start at £2
January 16, 2023

British Gas offers ‘lowest price guarantee’ to bolster heat pump uptake

British Gas, has announced that it will guarantee the lowest quote for heat pump installations, matching any price offered by another company for a MCS credited installation.
Ofgem said that the Drax Pumped Storage has provided its full corporation with the investigation and has “proactively sought to rectify the matter”. Image: Drax.
January 16, 2023

Drax to pay £6.12 million for breaching Electricity Generation License

Ofgem has confirmed that electricity generator, Drax Pumped Storage Limited, has agreed to pay £6.12 million to the Voluntary Energy Redress fund for breaching its Electricity Generation License.
Findings include that around 19% of a possible 600
January 16, 2023

UK Government’s £600 energy bill support begins rollout in Northern Ireland today

From today, households in Northern Ireland who pay for their energy via prepayment meters (keypads) or quarterly standard credit, will receive a £600 voucher to help manage the rising cost of energy bills.
Forth Green Freeport is set to introduce a range of clean energy technologies. Image: Forth Green Freeport.
January 16, 2023

Two new Green Freeports to be established in Scotland following £52 million investment

The UK Government has announced two new green freeports, with the sites in Inverness and Cromarty Firth and Firth of Forth set to receive £52 million in backing. ​​
Partnerships to explore a range of technologies including hydrogen. Image: UK Gov.
January 16, 2023

UK secures international partnerships with UAE and Colombia to boost clean energy sector

The UK has expanded international cooperation in the energy sector with the confirmation of long-term partnerships with both Colombia and the United Arab Emirates (UAE).
AtkinsRealis forecasts negative consequences if UK government does not accelerate energy build rate. Image: Flickr Sheila Sund.
January 16, 2023

Net Zero Review 'well received' by industry despite frustration over energy efficiency support

Last week saw the publication of the highly anticipated Net Zero Review, led by Chris Skidmore MP, which cited the need to increase the deployment and adoption of low carbon technologies in a bid to reach the UK’s net zero targets.
Image: Current.
January 16, 2023

Current± Briefings: Tackling grid constraints as a developer

Register and find out more about Current± Briefings: Tackling grid constraints as a developer, sponsored by SNRG here.
Despite the eagerness for renewables in the North East
January 13, 2023

Onshore wind investment delays ‘detrimental’ to Ireland’s long-term power prices

Cornwall Insight Ireland has released its fourth quarterly All-Island Power market Outlook to 2030 revealing that delays to onshore wind investment decisions have “dashed the hopes of prices dipping below historic levels” in Ireland as predicted in its previous report.
Current± rounds up the top stories from the EV market this week including: the ‘crucial’ ZEV mandate
January 13, 2023

EV Roundup: New partnership offers affordable rapid chargepoints; JPL EV Ltd enters EV market

Current± collates this week’s top electric vehicle (EV) stories.

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