Page 419 – Current News

Image of the IFA2 National Grid Interconnector

September 15, 2021

Fire blazing at IFA1 interconnector leaves GB grid facing even tighter market and higher prices

A fire at National Grid’s IFA1 interconnector site in Sellindge is to see power prices once again spike in the UK as 1GW of capacity drops off the system.

UrbanChain CEO Somayeh Taheri. Image: UrbanChain.

September 15, 2021

UrbanChain welcomes two hotels into P2P energy exchange scheme

Peer-to-peer (P2P) energy trading company UrbanChain has partnered with two hotels, which will now secure green energy through its new scheme.

IMServ's managing director Steve Brown. Image: IMServ.

September 15, 2021

IMServ acquired by Bluewater as it eyes ‘huge growth potential’ of energy transition

UK smart meter firm IMServ has partnered private equity firm Bluewater through a successful carve-out from Schneider Electric, with plans in place for continued growth.

September 14, 2021

InstaVolt sets new 10,000 charger target

Electric vehicle (EV) charging network company InstaVolt has announced a significant expansion, pledging to install 10,000 chargers by 2030.

September 14, 2021

People's Energy, Utility Point latest small suppliers to go bust

People’s Energy and Utility Point have become the latest small suppliers to collapse, taking the total this year to seven.

Nigel Pocklington, Good Energy CEO (above). Image: Good Energy.

September 14, 2021

Good Energy sees growth in revenue, profit and customer numbers

Good Energy has seen its gross profit increase by 19.4% during the first six months of 2021, growing to £17.7 million.

Levistor has developed an ultra-fast EV charging system that utilises storage to minimise grid strain. Image: Levistor.

September 14, 2021

Flywheel ultra-rapid EV charging start-up Levistor passes crowdfunding target

Electric vehicle (EV) charging start-up Levistor has exceeded its initial crowdfunding target in the first week of its official launch.

September 14, 2021

How to avoid the hidden costs of energy data

The report showed that although 47% of people working in the renewable sector expect a >5% pay increase

September 13, 2021

Record-breaking day-ahead power prices shoot to £1,750/MWh

GB's period of high power prices shows no signs of abating with the day-ahead auction for Tuesday (14 September) clearing at new records across the board.

Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.

September 13, 2021

British Gas to take on customers of failed suppliers PfP, MoneyPlus

British Gas has been chosen by Ofgem to take on the customers of PfP Energy and MoneyPlus Energy following the collapse of the two suppliers last week.