Decarbonisation of the UK’s energy supply is slowing, Ofgem has warned, while the cost of balancing the UK’s power system spiked to its second-highest ever in 2017/18.
The assets of defunct energy technology company The Faraday Grid are set to be acquired by Third Equation, an entity founded by ex-Faraday Grid chief executive Andrew Scobie, Current± understands.
Samsung, energy supplier Bulb and energy tech firm Chameleon have launched a new tool designed to help consumers make smarter, more energy efficient decisions at home.
The Energy Networks Association (ENA) has lauded the “relentless focus on innovation, delivery and net zero” its Open Networks project has, declaring it vital to new emissions reductions targets.
Developers of local energy markets (LEMs) should take steps to future proof them in light of regulatory changes, the Energy Systems Catapult (ESC) said.
Four energy suppliers have been ordered by Ofgem to pay outstanding Renewables Obligations fees by the end of the month or risk having their licences revoked.
