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Drawing evidence from international markets that already use LMP
December 14, 2022

Locational Marginal Pricing ‘could be the foundation of a net zero system’, according to new study

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”.
December 14, 2022

Avoiding a ‘Messi’ situation: Managing demand pick-ups during the FIFA World Cup 2022

Image: Piqsels.
December 14, 2022

UK government allocates £102 million for nuclear and hydrogen innovation

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.
From April
December 13, 2022

Prediction for Q2 price cap jumps over £400 amid volatility

​The Default Tariff Price Cap is predicted to drop slightly following the first three months of 2023, according to Cornwall Insight.
Ofgem orders EP SHB to pay £23.63m for breach of Generation Licence. Image: Pxhere.
December 13, 2022

Welsh Government unveils £460 million support package for businesses amidst rising energy costs

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.
The Budget is set to be presented to the Scottish Parliament on 15 December. Image: Colin/Wikimedia Commons/CC BY-SA 4.0.
December 13, 2022

The time for ‘bold decision making’: Scotland to place net zero at heart of upcoming Budget

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.
Net zero could deliver 725,000 net jobs by 2030, says CCC. Image: Pxfuel.
December 13, 2022

Green jobs growing at four times the overall rate of job market, says PwC

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.
Eye in the Sky won funding from the SIF for further development in July. Image: National Grid.
December 13, 2022

National Grid eyes savings of £22 million through satellite imagery initiative

​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.
Image: Current±.
December 12, 2022

Current± Price Watch: Day Ahead prices hit record high of £2,585/MWh as winter weather bites

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.
National Grid ESO to reintroduce the demand flexibility service this winter. Image: Getty Images.
December 12, 2022

E.ON installs a milestone five million meters

E.ON has celebrated reaching five million smart meter installations across the UK, in what the company has called an significant milestone which “is key to E.ON’s ambition to help customers better manage their energy”.

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