Infrastructure fund manager Zouk Capital has been named as the preferred bidder for the government’s much-vaunted EV Charging Infrastructure Investment Fund (CIIF).
Former chancellor George Osborne’s decision to scrap the Zero Carbon homes policy is costing occupants of new-build homes more than £200 per year, essentially three times the targeted savings from Ofgem’s price cap.
Maturation within the UK’s electric vehicle charging and energy sphere is starting to accelerate, driven by new partnerships and increasingly innovative offerings.
Energy firm SSE has issued a profit warning after it revealed the suspension of the Capacity Market is expected to result in a £60 million shortfall in this financial year.
EDF Energy has confirmed it will close the 2GW Cottam coal plant at the end of September, blaming “challenging market conditions” and the country’s decarbonisation drive.
The UK renewables lobby has doubled down on warnings over planned reforms to network charging, suggesting they damage sectors “vital” to the country’s decarbonisation and push projects to the brink of failure.
EO Charging has partnered with energy supplier Bulb and Suffolk County Council to launch what the trio claim to be the country’s first “fully open” charging network.
The UK’s distribution network operators (DNOs) have committed to cut the red tape surrounding EV charger installations, aiming to help facilitate more mass installs.
The Climate Group wants to bring about the introduction of more than 2 million new electric vehicles by 2030, led by major global businesses, in a bid to stimulate the “EV revolution”.
