Page 366 – Current News

March 24, 2022

Developing a smarter, more flexible grid requires collaboration, creativity and a customer focus

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.

March 24, 2022

Winter price cap to increase by £500 as volatility remains, predicts Cornwall Insight

The latest predictions by Cornwall Insight detail how the energy price cap for winter 2022-23 is expected to be set at £2,512.

Chancellor Sunak presented the Spring Statement to the House of Commons. Image: Twitter/Rishi Sunak..

March 23, 2022

Sunak cuts VAT on energy efficiency in Spring Statement

VAT on energy efficiency measures are to be cut to 0%, Chancellor Rishi Sunak has announced as part of his Spring Statement.

Both storage sites will have a capacity of 50MW. Image: Eelpower.

March 23, 2022

Battery storage funding model 'still evolving' as trading strategies switch to hybrid approach

Battery storage participation in the Balancing Mechanism has “increased massively” while a hybrid approach to trading that sees assets dipping in and out of Dynamic Containment is becoming more common.

National Grid ESO's control centre. Image: National Grid ESO.

March 23, 2022

National Grid ESO outlines plans to support UK energy security in light of Russian invasion of Ukraine

“This is the time for action,” National Grid ESO's executive director Fintan Slye has said, unveiling new measures to support the UK's energy system through the energy crisis.

Centrica Energy Assets is targeting 900MW of solar and battery storage assets by 2026. Image: Centrica.

March 23, 2022

Centrica acquires 30MW battery site to help manage offshore wind curtailment

Centrica Business Solutions has acquired a 30MW fully consented battery energy storage project, which will help manage North Sea offshore wind farms.

The project is to use live data to improve maintenance and repair of EV chargers. Image: Connected Kerb

March 22, 2022

'Radical change' in EV charging rollout needed to meet 2030 ICE ban

A step change in ambition of the UK’s electric vehicle (EV) charging rollout is required to deliver the 2030 ban on new internal combustion engine (ICE) cars, industry experts have warned.

March 22, 2022