ScottishPower has lauded a “pivotal year” after its renewables business surged and its liberalised power supply business bucked the market trend to report a near trebling in earnings.
Distribution network operator UK Power Networks (UKPN) is to launch trials to assess the requirements of a smart charging market for electric vehicles.
Zouk Capital, the government’s preferred bidder to manage the £400 million Charging Infrastructure Investment Fund, is to prioritise networks over associated technologies, the firm has told Current±.
Renewables will be the world’s principal source of power by 2040 and are penetrating world grids faster than any other energy source in history, O&G major BP has said.
