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December 10, 2021

'We'd like to give people an exit': How further acquisitions could be on the cards for RAW Charging

Image: Octopus Energy.
December 10, 2021

Octopus Energy expanding Kraken platform thanks to £227m investment from CPP Investments

​Octopus Energy is looking to grow its Kraken platform, thanks to a £227 million (US$300 million) investment from Canada Pension Plan Investment Board (CPP Investments).
Current± rounds up the top stories from the EV market this week including: the ‘crucial’ ZEV mandate
December 9, 2021

Iduna raises ambition as it seeks £6.5m through second investment offer

​Electric vehicle (EV) charging firm Iduna has launched a second offer through Abundance’s crowdfunding platform.
Image: Giorgio Trovato (Unsplash).
December 9, 2021

UrbanChain onboards first housing association as it continues to grow P2P market

​Peer-to-peer (P2P) energy trading company UrbanChain has welcomed a housing association into its alternative energy market for the first time.
"Wholesale gas
December 9, 2021

Citizens Advice accuses Ofgem of 'catalogue of errors' that made energy market precarious

​Citizens Advice has accused Ofgem of a “catalogue of errors” that has left consumers with a multi-billion-pound bill due to the collapse of suppliers.
Image: Osprey.
December 9, 2021

Current± Predicts: The energy transition in 2022, part two

In the second part of Current±'s Predicts series for 2022, Osprey Charging's Ian Johnson and Driivz' Doron Frenkel consider what the next year has in store for EVs.
The Gatwick Electric Forecourt is the first in the world to be hosted at an international airport. Image: GRIDSERVE
December 9, 2021

GRIDSERVE lays claim to biggest motorway EV charging upgrade in UK history

Over 20 of GRIDSERVE’s Electric Hubs are set to open by Q2 2022, with 11 now in construction alongside two Electric Forecourts.
BP reduces 2030 emissions reduction target to continue oil and gas operations. Image: BP.
December 8, 2021

Grid Edge secures new bp ventures investment in £2m funding round

​Cleantech start-up Grid Edge has closed a £2 million funding round, securing investment from bp ventures, Goldacre and Aston University.
Business and the energy crisis: have the measures gone far enough? Image: Pixabay NC.
December 8, 2021

RO mutualisation triggered for fourth year as supplier exits leave shortfall of £218m

​Ofgem has confirmed that the mutualisation of the Renewable Obligation (RO) has been triggered, as continued turmoil in the energy supplier sector leaves a shortfall of £218,300,151.73.
SSE is aiming to deliver a fivefold increase in renewables output by 2031. Image: SSE
December 8, 2021

Pressure on SSE grows over decision to not list renewables business

​Concerns around SSE's corporate governance and financial performance have been raised by investor Elliot Advisors, which is calling on the company to put forth a comprehensive vision for remedying these.

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