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Image: OVO.
October 16, 2019

OVO Group profit slides as costs soar

OVO Group revenues topped £1 billion for the first time in 2018, but the energy firm slipped to a loss for the year as its customer base grew.
Image: Octopus Energy
October 15, 2019

Octopus Energy acquires IoT technology nCube Home

​Octopus Energy has acquired nCube Home, the UK's first independent smart home energy management platform.
Image: Getty
October 15, 2019

Solar and storage exports see 'exponential' growth as role of flexibility stressed

​Exports of battery storage and solar PV have seen “exponential” growth as weather independent generation falls to less than 40%, according to data from ElectraLink and the Renewable Energy Association (REA).
Image: Pixabay.
October 15, 2019

National Grid ESO issues tender for reactive power in Mersey

​On Monday 14 October, National Grid ESO announced a tender for reactive power absorption to solve a high voltage requirement in the Mersey region.
Image: John Allan
October 15, 2019

Renewables surpass fossil fuels in 'milestone moment' for UK power sector

According to new analysis by Carbon Brief, in Q3 this year the UK’s windfarms, solar panels, biomass and hydro plants generated 29.5 terawatt hours (TWh) of power, while coal, gas and oil generated just 29.1TWh.
Image: Ian Taylor
October 14, 2019

​Great Britain must 'hone and optimise network flexibility', says Cornwall Insight

​Great Britain must “hone and optimise network flexibility” as decarbonisation objectives ramp up, according to a new report from Cornwall Insight, called Market design amidst global energy transition.
Image: Gresham House
October 14, 2019

KiWi lands deal to optimise 15MW Gresham House battery

KiWi Power has signed a contract with fund manager Gresham House New Energy for the optimisation of a 15MW battery in Bristol.
Image: Jess Shurte.
October 14, 2019

Foxconn, IT vendors, travel agents amongst companies owed millions by The Faraday Grid

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.
Image: Sophie Brown
October 14, 2019

CBI, networks balk at 'eye-watering' cost of Labour renationalisation plans

​Labour's renationalisation plans could cost the UK a colossal £196 billion, according to new research by CBI.
Image: Northern Powergrid
October 14, 2019

Northern Powergrid to use EVs, battery storage for temporary power restoration

​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.

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