Regen, on behalf of six trade bodies, has called on the Department for Business, Energy and Industrial Strategy (BEIS) Secretary Grant Shapps to address network constraints with many facing connectivity delays of up to 15 years.

A new study conducted by Energy Systems Catapult demonstrates that replacing the UK’s current national approach to wholesale power prices with a localised model “could be the foundation of a net zero system”.

The UK government has allocated a total of £102 million to support both nuclear and hydrogen innovation in a bid to reduce the UK’s carbon footprint.

​The Default Tariff Price Cap is predicted to drop slightly following the first three months of 2023, according to Cornwall Insight.

The Welsh Government will provide all businesses in Wales with a new rates support worth more than £460 million over the next two financial years.

Delivering net zero is to be placed as a key priority for the Scottish government as part of the Scottish Budget for 2023 to 2024.

As the UK’s renewable economy continues to grow, consultancy firm PwC stated that green jobs are currently growing at four times the rate of the overall UK employment market.

​National Grid is using satellite imagery to boost the resilience of the grid, as part of a new project that could save £22 million over the next decade.

In this week’s Current± Price Watch series – powered by LCP Enact – we take a look at the record high Day Ahead prices, the tight capacity conditions and the positive moves for renewables.