Grant Shapps has been appointed as Secretary of State for the Department of Business, Energy and Industrial Strategy (BEIS), following Jacob Rees-Mogg resigning.
With Ireland forecasted to reach its 80% renewable target by 2030, Cornwall Insight has confirmed that the increase in renewable technologies and generation will help lower winter energy prices below the pre-2021 historical average from 2027 onwards.
The Welsh Government has revealed plans to establish a publicly owned renewable energy developer to tackle energy security, the cost-of-living crisis and decarbonise the energy system.
Energy UK has criticised proposals to impose a revenue cap on low carbon energy generators with it potentially hindering the investment that is needed to safeguard the UK’s energy security and reduce energy bills.
“In my opinion, the addition of battery energy storage coupled with solar can get renewable penetration to the next level,” said Ioannis Grammatikakis, UK country manager at Power Factors.
The National Grid has invited local communities in Suffolk and Kent to comment on proposals for two green energy infrastructure projects dubbed Eurolink and Sea Link.
In this week’s edition of our Current± Price Watch series – powered by LCP Enact – we take a look at how a mild October has provided some welcome stability in power prices.
