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US-UK partnership to bolster EV and offshore wind supply chains. Image: Pxhere.
September 21, 2022

UK Government to half the predicted electricity price for business to £211/MWh

The UK Government has announced plans to almost half the predicted MWh price for electricity and gas for businesses this winter, to £211/MWh and £75/MWh respectively.
Image: Good Energy.
September 20, 2022

Good Energy sees revenue increase by 57.4% whilst Zap-Map users rise

Good Energy has seen its revenue increase by 57.4% to £107 million due to rising wholesale costs amid the energy crisis and increased users of its Zap-Map platform.
Image: Octopus Energy.
September 20, 2022

Octopus Energy slashes ‘egregious’ standing charges

​Octopus Energy is reducing its standing charge for those on its variable tariff by 4% to provide additional support for consumers ahead of energy bills jumping in October.
RHI reforms successful in stimulating the adoption of renewable heat tech, says new report. Image: UK Parliament EAC
September 20, 2022

Heat pump installations ‘woefully off track’ says Greenpeace UK

Governmental targets for energy saving upgrades are “woefully off track” with 2020 heat pump sales per household the lowest in Europe, according to a new report from Cambridge Econometrics.
Image: Bryt Energy.
September 20, 2022

EV sales double and global renewable capacity deployments to reach 300GW, states IEA report

An International Energy Agency (IEA) report has found electric vehicle (EV) sales doubled in 2021, while the organisation is forecasting an increase in global renewable capacity of 8% in 2022.
The pilot project is set to launch at the end of April and is still open to new participants. Image: Elexon.
September 16, 2022

Elexon consults on urgent modification needed to pay suppliers as part of Energy Price Guarantee

​Elexon has launched a consultation on an urgent modification needed to implement and administer payment to suppliers as part of the Government’s Energy Price Guarantee.
Habitat Energy optimises battery assets in the UK and Australia
September 16, 2022

Habitat Energy signs partnership for major expansion into US market

UK-based Habitat Energy has expanded into the US power market with plans to optimise a portfolio of 60MW of battery energy storage system (BESS) assets.
Octopus Energy, Good Energy and E.On pay £8 million due to missed payments to customers. Image: Getty.
September 16, 2022

Subak launches £20 million fundraise to expand presence across six continents

Global climate tech accelerator and regranter Subak has launched a £20 million fundraise to expand its data-led climate centres to eight across six continents by 2025.
Current± rounds up the top stories from the EV market this week including: the ‘crucial’ ZEV mandate
September 16, 2022

Barclays commits to electrifying its UK fleets by 2030

UK-based Barclays has joined Climate Group’s EV100 initiative committing to electrify its fleets by 2030.
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September 16, 2022

One of the ‘biggest reforms of our energy system in a decade’ at risk of being delayed or scrapped by BEIS

One of the ‘biggest reforms of our energy system in a decade’ is now at risk of being delayed or scrapped by the new Government.

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