The Faraday Grid collapsed owing almost £6 million to electronics manufacturing giant Foxconn, as well as hundreds of thousands of pounds to PR agencies, IT vendors, travel agents and software companies.
Northern Powergrid (NPg) is to launch a fleet of electric vans with on-board energy storage systems to restore power during power cuts and planned maintenance.
Regulators must be given new powers to ensure utility firms invest in sustainable infrastructure or the UK’s net zero emissions by 2050 target is at risk.
The UK will have no problem meeting energy demands throughout this winter thanks to a surplus in generation according to the National Grids Winter Outlook report, released on the 9 October.
