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Image: BP Pulse.
February 8, 2022

Calls for windfall tax reiterated as bp unveils £9.5bn in profit amid energy crisis

​bp has seen its profits surge to £9.5 billion ($12.8 billion) for 2021, on the back of high oil and gas prices.
SSE is aiming to deliver a fivefold increase in renewables output by 2031. Image: SSE
February 8, 2022

SSE sees lower than planned renewables output in ‘turbulent trading period’

​Electricity output from renewable sources in which SSE has an ownership interest was 1.4TWh - or 19% - below plan in the latter nine months of 2021.
The installation of heat pumps is becoming increasingly common
February 7, 2022

Government announces £179m for energy efficiency measures in social housing

​The government has announced £179 million in funding to provide energy efficiency upgrades to social housing, including the installation of heat pumps and solar panels.
Image: SSEN
February 7, 2022

Battery storage to boost rural energy resilience in SSEN pilot scheme

​A pilot scheme looking to improve energy resilience in remote and rural areas through the use of battery storage and local energy resources is progressing to phase two.
The report outlines that China has a "near monopoly" in certain net zero supply chains. Image: Getty.
February 7, 2022

BEIS proposes to lower energy generation costs via increased CfD supply chain competitiveness

The government is proposing changes to the Contracts for Difference (CfD) mechanism that it said would drive down the cost of energy generation.
February 4, 2022

Q&A: Monta's Casper Rasmussen​ on plans to be 'much more' than an EV charging app

BEIS will be split into three new departments
February 4, 2022

Energy industry reacts to ‘eye-watering’ bills hike and short-term relief

Following Ofgem unveiling the new price cap, Current± took a look at how those in the energy sector and beyond reacted to the government’s mitigation actions.
The Norwegian-based business has called the UK a “huge growth market” following the installation of over half a million EV chargers. Image: Getty.
February 4, 2022

Battery electric vehicle sales set for continued growth as January records 130% increase

In January 2022, there were 14,433 battery electric vehicle (BEVs) sold, a 130.6% year-on-year increase.
Osprey Charging installed as many EV chargers in Q1 2023 as the whole of 2022. Image: Osprey.
February 3, 2022

Osprey enters into ‘major’ retail partnership to deploy rapid destination EV charging

​Osprey Charging is to install rapid electric vehicle (EV) charging across UK retail warehouse sites in a new partnership with Ediston.
Gore Street’s Lower Road battery energy storage system (BESS), which has in the past been one of the top performing assets in the UK market. Image: Gore Street.
February 3, 2022

Battery storage revenues rising amid record high frequency response prices

​Three of Gore Street Energy Storage Fund’s battery storage assets have been ranked as some of the highest revenue generating assets as frequency prices rise.

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