Various geopolitical factors such as a surge in populism, competition and productivity issues are creating a “tough backdrop” for the energy transition, Centrica chief Iain Conn has said.
Smart charging of electric vehicles could cut the cost of integration into the UK power system by £1.6 billion compared to standard charging, according to a new report that also found running an EV could be ten times cheaper than a conventional car.
Irish state utility ESB has confirmed its entry into the UK grid-scale energy storage market with the purchase of a 7MWh facility from developer Anesco.
The Renewable Energy Association (REA) has appointed Sweco UK’s Vijay Shinde as chair of its electric vehicle (EV) sector group to represent the member’s views within the association.
EDF Energy has agreed to pay out £350,000 to a consumer fund to avoid enforcement action by Ofgem after the supplier failed to meet its smart meter targets in 2017.
UK Power Networks is to run its next flexibility tender on the Piclo Flex platform unveiled by Open Utility this week, which offers “an online dating” service for distribution network operators (DNOs) and distributed energy resources (DERs).
Glencore chairman and ex-BP chief executive Tony Hayward has cast doubt over the worldwide energy transition, arguing that the penetration of renewables worldwide is being outpaced by the demand for growth.
A new joint venture has been launched today by renewables investor Thrive Renewables and project developer Aura Power offering UK businesses a no money down model for commercial and industrial energy storage.
