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The Norwegian-based business has called the UK a “huge growth market” following the installation of over half a million EV chargers. Image: Getty.
October 5, 2022

One millionth plug-in car registered, strong September for EV sales

September showed to be a strong month for electric vehicles (EVs) with the one millionth plug-in car registered in the UK.
Graph shows extreme variance in potential costs of the EPG.
October 5, 2022

Energy Price Guarantee could cost up to £140 billion, expose government to commodity price risk

The Energy Price Guarantee announced by Prime Minister Liz Truss as part of a package to help mitigate the UK’s ongoing energy crisis could cost as much as £140 billion.
Image: Gareth Davies.
October 5, 2022

EV World Congress: Day One

Current± will be covering the biggest stories from the EV World Congress over its two days, bringing you all the insight, news and views from the conference.
Cruachan Dam, Scotland, an existing 440MW pumped hydro energy storage (PHES) facility, one of only four in the UK. PHES is the most commercially mature LDES technology, with a duration typically between 4 and 20 hours. Image: Drax Power.
October 5, 2022

Foresight Group investing in integrated pumped hydro and wind project at disused coal mine site

Asset manager Foresight Group has invested in a co-located 1.6GWh pumped hydro energy storage and wind project in Scotland.
Octopus Energy, Good Energy and E.On pay £8 million due to missed payments to customers. Image: Getty.
October 4, 2022

Northern Ireland’s first smart grid project sees 55% average savings per property

The Electric Storage Company has disclosed that Northern Ireland’s first smart grid, based in Coleraine, has saved a combined total of £27,000 in energy costs.
Image: Zap-Map.
October 4, 2022

1,100 EV charging devices installed in September, says Zap-Map

Electric vehicle (EV) charging mapping tool Zap-Map has confirmed that 1,100 EV charging devices had been installed across the entirety of the UK in September.
Image description required
October 4, 2022

UK to develop its first nuclear fusion energy plant in Nottinghamshire

West Burton in Nottinghamshire has been selected as the home for the UK’s first fusion energy plant being developed as part of the Government-backed Spherical Tokamak for Energy Production (STEP) project.
Image: WPD
October 4, 2022

Licensed BEVs reach half-a-million despite slowdown of adoption amid energy crisis

Figures released by the RAC Foundation has disclosed that the number of pure battery-electric vehicles (BEVs) has exceeded half-a-million to reach 519,266 at the end of June 2022.
The pilot project is set to launch at the end of April and is still open to new participants. Image: Elexon.
October 3, 2022

Ofgem warns of ‘significant risk’ of gas shortages as it progresses urgent BSC modification

​There is “a significant risk” of gas shortages over the coming winter according to a letter published by regulator Ofgem.
Image: Current±.
October 3, 2022

Current± Price Watch: Fluctuating wind and trips lead to non-BM STOR assets coming on at £7,000/MWh

​In this week’s edition of our Current± Price Watch series – powered by LCP Enact – we take a look at the impact of volatile wind generation as well as poorly timed outage on power prices, as well as additional details on the ESO’s plans for the upcoming winter.

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