BayWa r.e. has launched a new energy technologies division for the venture capital market, looking to fund the early development of startups working on new digital solutions, storage and e-mobility.

Four of the world’s leading electricity associations have today urged policy makers to support the “profound transformation” occurring within power networks across the globe.

British Petroleum (BP) is to trial battery storage systems at one of its US wind farms as part of a pilot project designed to provide “valuable insights” for a possible wider deployment initiative.

Transmission system demand is forecast to dip to new lows this summer, but National Grid has once again insisted it has the tools necessary to manage.

The government is preparing to procure the services of a private fund manager to raise £200 million in support of its electric vehicle charging infrastructure fund announced as part of November’s Budget.

British Gas is to increase its default tariff costs from next month, and is once again attributing the increase to rising wholesale and policy costs.

Irish utility ESB Networks has launched a landmark project on the Dingle peninsula as it seeks to put its ‘first foot forward’ in rolling out a future proofing strategy for Ireland’s electrical system out to 2030 and beyond.

Scottish Power has come under scrutiny from the demand side response (DSR) sector after proposing to Ofgem that de-rating factors applied to large scale battery storage should be extended to those used to provide DSR in the Capacity Market.