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The new hedging and trading product comes as power prices remain particularly volatile. Image: GridBeyond.
November 11, 2022

GridBeyond announces new hedging service amid market volatility

Technology platform GridBeyond has launched a new energy trading and hedging service to support businesses navigate high cost and manage energy market volatility.
Utilita Energy customers will receive an SMS notification one hour before each Power Payback event. Image: Utilita Energy.
November 11, 2022

Utilita ‘Power Payback’ trial could lead to annual customer savings of £61.2 million

​Energy supplier Utilita Energy has launched a new month-long trial this winter offering energy credits to households that reduce or avoid energy consumption during peak times.
The Offshore Wind Sector Deal was launched in March 2019 to help grow the sector.
November 11, 2022

New planning system is a ‘remarkable’ for Scotland’s renewable industry

​A revised draft of National Planning Framework 4 (NPF4) was released this week detailing how the Scottish Government expects planners to treat onshore and offshore developments in the renewable energy industry.
Electricity generated from renewables increases by 10.5% in 2022, says DESNZ. Image: Pxfuel NC.
November 11, 2022

Savings of at least £26 a month could propel demand flexibility initiatives

Demand flexibility services for consumers could well be more successful should sufficient financial incentives be provided.
UK records 23% increase in wind generation capacity since 2015, says Ember. Image: Unsplash.
November 11, 2022

Ofgem confirms RO mutualisation for fifth year in a row

Ofgem has confirmed that mutualisation has been activated for the fifth year in a row.
RWE
November 11, 2022

Lack of a joined-up ‘whole systems’ approach holding back development of smart local energy systems

The creation of smart local energy systems could make a significant impact in the UK delivering net zero however barriers still remain before this technology is widely viable.
Domestic heat pump unit mounted on a brick house wall.
November 11, 2022

EUA calls for Ofgem to trial heat pump village

The Energy and Utilities Alliance (EUA) has called on Ofgem to conduct a village-sized trial of using heat pumps to decarbonise homes. The trial, which would mirror the UK Government backed hydrogen village that is hoped to begin trial in 2025.
In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.
November 11, 2022

Winter Power Tracker: renewable power negates need for 27TWh of gas

New analysis from the Energy and Climate Intelligence Unit (ECIU) has shown that wind, hydro and solar has generated 13TWh since the beginning of October, saving 27TWh of gas that would otherwise have been required.
Image: Solar Media/Enel X.
November 10, 2022

Current± Briefings: Enel X discusses energy revenue opportunities for UK businesses post-Triads

​In December 2019, Ofgem released their final decision on the Targeted Charging Review, officially confirming that is was bringing in the ‘Triad’ system.
FFI will increase is production capacity in the UK. Image: Unsplash.
November 10, 2022

Public EV charging could be ‘significantly more expensive’ than filling fossil fuel vehicle, says Cornwall Insight

With the government’s Energy Bill Relief Scheme set to end in March, the price of charging an EV on a public network could be "significantly more expensive" in comparison to filling a petrol or diesel car, Cornwall Insight has indicated.

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