Energy regulator Ofgem has deferred its decision on the cost of equity range for energy networks in the forthcoming RIIO-2 framework until December, but has unveiled a raft of decisions as its new framework begins to take shape.

The UK’s power sector continued on its trajectory towards “rapid” adoption of renewables in 2017, according to official government statistics.

Engie has pointed towards solid organic growth in its renewables and networks divisions as the French energy major continues to reap the dividends of a strategic redirection.

​Dublin Airport Authority (DAA) has signed up to deliver flexible capacity to Ireland’s frequency system services programme and the emerging single electricity market across the island after partnering with demand side response provider Enernoc.

​Highways England is on track to reach its targets for deployment of electric vehicle chargers next summer after revealing that 83% of its network is within 20 miles of a charger.

Octopus, the UK’s largest onshore renewables investor and owner of more than 1GW of utility-scale solar in the UK, has said that National Grid’s warnings of ‘summer low’ demand challenges are ringing true as the country continues to bask in a heatwave.

Energy companies could boost turnover by an average of 9% - equivalent to around US$217 million (£164 million) – over the next five years by adopting industrial internet of things (IIOT) technologies, but face numerous hurdles.

​The government has confirmed plans to hold new Contracts for Difference (CfD) auctions for offshore and remote island wind projects, with the first to be held in May 2019.

​The search is on for a fund manager to manage the UK’s £400 million electric vehicle (EV) charging infrastructure investment fund (CIIF) after the Treasury launched a request for proposals via the Infrastructure and Projects Authority (IPA).

​Installation of smart battery systems is underway on the Isles of Scilly in the first stage of a £10.8 million project to demonstrate how solar, energy storage and other smart energy resources can transform the energy system of an island grid.