National Grid has confirmed an overhaul of the grid balancing markets it operates, pledging to “rationalise” products such as frequency response and operating reserve.

Disruption caused by cyber attacks and the rise of greater decentralised generation pose of the greatest risks to traditional utilities, analysis by consultancy firm EY has concluded.

Flexible and distributed energy sources in the UK will reach 25GW by 2030 according to Aurora Energy Research, which has forecast potential annual revenues close to £3 billion as batteries, ‘peakers’ and demand-side response (DSR) come to the fore.

Engie has agreed to divest its last remaining stakes in UK thermal as it continues to transform itself into a low carbon power company.

EDF Energy Renewables has sold its majority stake in five onshore wind farms to pursue other renewable projects in the UK.

The traditional ‘supplier hub’ model of energy supply in the UK may “break down” as the UK power market continues to become more decentralised, Ofgem has warned.

Southern Rail has begun an upgrade project of its free-to-use electric vehicle (EV) charging point network, installing them at 23 key stations.

Dieter Helm has pitched his vision for the future energy market, including a “significantly diminished” role for Ofgem as its responsibilities are largely redistributed.