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Octopus Energy founder and CEO Greg Jackson. Image: Octopus Energy.
January 31, 2022

Octopus Energy reports close to breakeven financial results but predicts it will take a £100m hit from energy crisis

​Octopus Energy Group is expecting to take a £100 million hit from the energy crisis, the company announced alongside its FY20/21 results.
The 50MW Burwell site in Cambridgeshire is the first in a pipeline of 620MW of battery energy storage projects from SMS. Image: SMS.
January 31, 2022

SMS energises its first 50MW battery energy storage site in 620MW pipeline

​SMS has energised its first battery energy storage system (BESS), the 50MW Burwell site in Cambridgeshire.
The DNO is expecting 600
January 31, 2022

Green Homes Grant scheme saving £3.9m in bills as installs tail off

Low carbon heat technology installed under the voucher segment of the Green Homes Grant is resulting in an annual bill saving of £641,000.
January 28, 2022

Current± Disruptors: CPH2’s Jon Duffy discusses how green hydrogen will become the benchmark

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.
January 28, 2022

EnAppSys: Low wind, cold weather and record day-ahead prices shaped 2021

A colder than normal Q1 2021 and low wind generation in the summer across Europe exacerbated Britain's energy crisis, according to energy market data analyst EnAppSys.
Sizewell C EDF
January 28, 2022

BEIS cites need to strengthen energy security as it commits £100m to Sizewell C

The government is to provide £100 million of funding to EDF’s 3.2GW Sizewell C nuclear plant in Suffolk.
Current± rounds up the top stories from the EV market this week including: the ‘crucial’ ZEV mandate
January 27, 2022

UK ranks first in Europe for climate tech VC funding- PwC

​The UK has ranked first in Europe for total climate tech venture capital (VC) funding between 2013 and the first half of 2021, PwC has found.
Gas contributed the largest share of the energy mix in Britain in 2022. Image: Getty
January 27, 2022

British public blame energy companies profiteering and Russian interference for energy crisis

​The British public largely do not blame green levies for the increases to energy bills, a new study by the Energy and Climate Intelligence Unit (ECIU) has found.
Image: Daikin.
January 27, 2022

Scottish DNOs launch Project Re-Heat to explore flexibility from decarbonised heating systems

​The Scottish government, SP Energy Networks and Scottish and Southern Electricity Networks (SSEN) Distribution have launched a new heat pump and thermal storage trial in the Highlands.
‘Urgent reform of skills system required for net zero’, says new report. Image: Centrica.
January 27, 2022

Government must prioritise heat pumps over hydrogen for decarbonising domestic heat

​Hydrogen infrastructure won’t be viable for domestic heating applications at scale for at least the next decade, research from Imperial College London’s Energy Futures lab has found.

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