Spanish energy giant Iberdrola saw increases in profit across all of its markets in 2019, including in the UK.

Company spending on low carbon investment in Europe hit €124 billion in 2019, but the UK is faltering with just 3% of that investment.

​Flexibility – and the actions required by government, Ofgem and National Grid ESO – formed a clear part of the National Infrastructure Commission’s (NIC) annual report.

The UK is to host what’s been described as the world’s largest, most ambitious energy flexibility market trial, part of two separate energy pilot projects launched today.

​Flexibility providers were called on by National Grid ESO yesterday (24 February) following an interconnector tripping, causing 1GW to fall off the grid.

​An outage at Western Link HVDC has led to record balancing mechanism payments of £30.9 million, according to Cornwall Insight.

​The government’s consultation on the phase out of petrol and diesel vehicles has been launched, proposing an earlier date of 2035.

​Negative power pricing is becoming an increasingly common occurrence on the UK energy networks. Already in 2020, there have been 15 half hour periods where the cost of electricity fell into negative figures, according to Drax Electric Insights.