The Labour Party has unveiled major plans to renationalise the UK’s entire electricity and gas system, claiming that the current system is not fit for purpose.
UK Power Networks (UKPN) has contracted for more than 18MW of power in what has been billed as the country’s largest ever competitive flexibility tender.
Innogy said it was seeking closure on the “unusual situation” of being in the middle of the RWE/E.On asset swap, while its npower retail division continued to suffer at the hands of a “persistently poor” UK market.
Automotive giant Honda has led a new, £8.6 million funding round in Moixa, with the UK battery storage firm targeting ‘millions’ of batteries under management.
Chancellor of the Exchequer Philip Hammond has been urged to throw the Treasury’s clout behind a transformation of energy and transport networks described as “once-in-a-generation”.
