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Bonnet’s co-founders
March 2, 2022

Bonnet secures £4 million investment to boost UK and international expansion plans

​Electric vehicle (EV) charging firm Bonnet has secured US$5.5 million (£4 million) in new investment as the company looks to expand its coverage to the majority of UK and European chargers by the end of 2022.
Mocean Energy tested its Blue X technology in Orkney in 2021. Image: Mocean Energy.
March 2, 2022

Wave energy company Mocean Energy raises £730k

​Wave energy company Mocean Energy has raised £730,000 in equity funding to accelerate the commercial roll-out of its technology.
"Wholesale gas
March 2, 2022

Energy costs extremely volatile as impact of Russian invasion of Ukraine reverberate through market, says Cornwall Insight

​The cost of energy is extremely volatile currently due to Russia invading Ukraine, said Cornwall Insight.
The report cautioned that the UK would struggle to reach its net zero targets if investment in businesses’ net zero strategies to reach their ESG commitments aren’t sustained. Image: Getty.
March 2, 2022

PAC slams government for lack of ‘reliable’ net zero cost estimates or funding plan

​The Public Accounts Committee has said that the government has “no clear plan” for how the transition to net zero will be funded, nor a reliable estimate of what net zero will cost consumers, businesses or the government itself.
ENA calls for a number of measures for the UK to include in the upcoming Spring Budget. Image: Pxfuel NC.
March 1, 2022

Ofgem unveils 40 energy network projects to win ‘discovery’ funding from SIF

​Ofgem has unveiled 40 projects that are receiving a chunk of funding from its Strategic Innovation Fund (SIF).
March 1, 2022

Rectifying the north-south divide in EV adoption

An artist's impression of an NTR solar-plus-storage site in Ireland. Image: NTR
March 1, 2022

ElectroRoute signs 25MW optimisation deal for NTR Irish battery storage

Irish energy trading and services firm ElectroRoute is to optimise two battery storage projects on behalf of European renewable investment firm NTR.
Image: EDF.
February 28, 2022

Gresham House secures over £108m in Capacity Market auctions

​Gresham House Energy Storage Fund (GRID) has secured over £108 million in revenues through the T-1 and T-4 Capacity Market auctions.
Elexon was attacked in May
February 28, 2022

UK energy sector top target for cyberattacks, IBM finds

​The UK’s energy sector was the target of 24% of all cybersecurity incidents in the country last year, new research from IBM Security has found.
Batteries see 80% average skip rate in Balancing Mechanism, says ESN. Image: Zenobe Energy.
February 28, 2022

Natural Power appointed to support Zenobē’s 100MW Capenhurst battery storage project

​Renewable energy consultancy and service provider Natural Power has been appointed to support Zenobē’s 100MW Capenhurst battery energy storage project.

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