Page 417 – Current News

September 21, 2021

Ofgem revokes Nabuh Energy’s electricity supply licence

Ofgem has revoked the electricity supply licence held by Nabuh Energy over unpaid debts.

Offshore wind auctions promising subsidy-free power have buoyed the UK’s attractiveness.

September 21, 2021

Diversified and decarbonised energy system needed urgently to manage volatility, says REA

The volatility in wholesale power prices due to exposure to global gas prices has demonstrated the need to diversify and decarbonise the UK’s domestic energy system.

The Nick Winser report: Battery storage could mitigate the cost of grid infrastructure. Image: SP Energy Networks.

September 21, 2021

SPEN launches GB's first USEF-compliant local flexibility market

SP Energy Networks (SPEN) has become the first company to successfully deploy a fully-functioning Universal Smart Energy Framework (USEF)-compliant flexibility market in GB.

September 21, 2021

Ember: Fossil fuel costs driving force behind UK electricity price increases

The need to switch away from imported fossil fuels to domestic renewables has been thrown into the spotlight by new analysis from thinktank Ember.

September 20, 2021

How wireless charging can take the hassle out of EV fleets

September 20, 2021

EDF to take on shuttered supplier Utility Point’s 220,000 customers

EDF has been selected as the Supplier of Last Resort for Utility Point’s 220,000 domestic customers after the latter collapsed last week.

September 20, 2021

‘No decision’ made to split SSE, company states in response to media speculation

There has been “no decision” to break up the SSE Group the company has confirmed following media speculation.

Octopus Energy secured Bulb's services in December 2022. Image: Bulb.

September 20, 2021

Bulb exploring funding opportunities as wholesale prices squeeze suppliers

Bulb is looking for new funding opportunities, as high gas prices continues to put a strain on British energy suppliers.

September 20, 2021

BEIS stresses need for more renewables to reduce volatile global gas price risk

Energy secretary Kwasi Kwarteng is today (20 September) convening a roundtable on the way forward for the energy industry following high gas prices and supplier exits.

The Cromarty Firth has been particularly highlighted given the large regional concentration of renewable energy potential. Image: spodzone/Flickr.

September 17, 2021

Transmission charges must be changed to support Scottish renewables, argues report

The Scottish Affairs Committee has called on Ofgem to change how transmission charges are distributed, to help strengthen the Scottish renewables sector.