Open Utility’s Piclo trading platform is to be used by distribution network operator (DNO) UK Power Networks (UKPN) to develop and trial an online marketplace for local flexibility.
The vast majority of battery projects set to compete in the upcoming Capacity Market (CM) auctions will face significantly decreased de-rating factors after it emerged that most projects are still set to use either 30 minute or one hour duration batteries.
Only five councils across the UK have taken advantage of a government scheme to fund the roll-out of public charging points for electric vehicles, prompting ministers to write to local authorities calling for more action.
Network company profits could add as much as £20 to the average energy bill this year, new analysis by the Energy and Climate Intelligence Unit (ECIU).
Energy storage provider Connected Energy has secured £3 million of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.
Fresh details have emerged surrounding Centrica’s rumoured 100MW battery after a planning application was submitted to Kilkenny County Council in Ireland through a joint venture formed in part by subsidiary Bord Gáis Energy.
Scottish and Southern Electricity has issued a detailed response to Dieter Helm’s Cost of Energy review, picking fault with what it considers key oversights and a lack of accompanying evidence.
