Scottish and Southern Energy (SSE) has doubled down on its efforts to reduce its power’s carbon intensity, aiming to halve its emissions per kilowatt hour once again by 2030.
Energy suppliers have been urged to adopt ‘energy as a service’ models in order to help further the energy transition, with one industry representative calling for the end of bills measured in kilowatt hours.
The government’s head of smart energy has admitted that Brexit is causing delays in the passage of primary legislation to define energy storage, which may not be achieved until 2022.
Industry trade body Energy UK has said renewables should be fast-tracked into the Capacity Market and new, ‘revenue stabilisation’ Contracts for Difference auctions put into place as part of the Electricity Market Reform’s (EMR) five-year review.
Shell has continued to scale-up its interest in distributed energy by participating in a €60 million (£52.6 million) investment round by German battery storage firm sonnen.
Subsidy-free renewable energy projects are at risk of failing to be viable on the wholesale market owing to ‘price cannibalisation’ during periods of high output, according to a new report by consultancy Cornwall Insight.
A national network of high speed electric vehicle chargers and large-scale batteries connected directly to the transmission network has been unveiled to offer a new business model to the country’s energy storage market.