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Image: Getty.
June 29, 2022

DNOs to be faced with 'tough efficiency challenges' as Ofgem unveils RIIO-ED2 draft determinations

​Energy regulator Ofgem has released what it has said is a “landmark five year vision” as part of the draft plans for the next price control period, RIIO-ED2.
Gas contributed the largest share of the energy mix in Britain in 2022. Image: Getty
June 29, 2022

CCC warns ‘major failures’ mean UK set to miss net zero

​“Major failures” mean current government programmes will not be enough to deliver net zero, according to the latest Progress in reducing emissions: 2022 Report to Parliament from the Climate Change Committee (CCC).
Modo Energy co-founders Quentin Scrimshire (CEO) and Tim Overton (CTO). Image: Modo Energy.
June 29, 2022

Modo Energy secures £3.2m to expand Asset Success Platform

​Modo Energy has secured £3.2 million in its pre-Series A funding round as it looks to expand its Asset Success Platform across Europe and broaden its British offering.
The Wicken battery is located near Milton Keynes. Image: Thrive Renewables.
June 28, 2022

Thrive Renewables looks to raise £5m for renewables development

Thrive Renewables is launching a new crowdfunding offer, aiming to raise £5 million for its solar, battery storage and onshore wind activities.
Octopus Energy, Good Energy and E.On pay £8 million due to missed payments to customers. Image: Getty.
June 28, 2022

National Grid ESO eyes domestic demand shifting following initial trials

​National Grid ESO is eyeing increased demand side response, helping to keep the grid balanced and providing consumers with a route to cut their bills.
The strategy includes plans to support the installation of heat pumps. Image: WPD
June 28, 2022

WPD to enable ‘quick and affordable’ low carbon heat connections with new strategy

​Western Power Distribution (WPD) has published what it has described as its most ambitious low carbon heating strategy, showing how it plans to connect domestic low carbon heat technologies (LCT).
The Government has said that these upgrades will deliver high power charging hubs in Northern Ireland for the first time. Image Getty.
June 27, 2022

Lack of home charging exposing electric vehicle drivers to higher prices

More than two-fifths (42%) of electric vehicle (EV) drivers are being exposed to higher charging prices due to a lack of dedicated home charging points.
Image: Current±.
June 27, 2022

Current± Price Watch: Johnson points to reform of 'ludicrous' system

​In this week’s Current± Price Watch series – powered by LCP Enact – we take a look at surging winds and rumous of electricity market reform.
Image: Getty.
June 27, 2022

Bowmark Capital to buy out Cornwall Insight

​Private equity investor Bowmark Capital is buying out energy research, data and analysis company Cornwall Insight.
Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.
June 27, 2022

Centrica reportedly pulls out of auction for Bulb

​Centrica has reportedly pulled out of the auction to buy failed supplier Bulb, as the deadline to bid looms.

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