UK Power Networks (UKPN) has allocated a £102 million to invest in future-proofing its electricity network this year.

​Contracts awarded to renewable energy projects last week would save £7 billion on electricity costs under wholesale prices seen in the current crisis, according to analysis from the Energy and Climate Intelligence Unit (ECIU).

Octopus Energy has been appointed as Supplier of Last Resort (SoLR) for supplier UK Energy Incubator Hub and will take on its 3,000 customers.

Electric vehicle chargepoint operator (EV CPO) Raw Charging has raised £250 million from private equity firm Antin Infrastructure Partners in its latest fundraising round.

​In the latest issue of our Current± Price Watch series – powered by LCP Enact – we take a low at the record low strike prices achieved in the most recent Contracts for Difference auction, even as predictions for the next two price caps continue to surge.

​Ofgem is eying a range of reforms to help accelerate the green energy transition in Britain, including decoupling the wholesale gas and power prices.

​As volatility in the international gas market continues, the price cap is now set to hit £3,363 for Q1 2023.

​UK Power Networks (UKPN) has launched a new programme designed to accelerate the uptake of low-carbon transport such as electric vehicles (EVs).

​Ofgem has issued a Notice of Proposal to make a Final Order following a “number of serious, persistent and recent compliance failings” by UK Energy Incubator Hub Ltd.

​The national smart meter network operated by the Data Communications Company (DCC) has passed 21 million devices connected in the UK milestone.