Energy tech start-up Open Utility has landed more than £400,000 of government funding to help develop an online marketplace for local flexibility trading.
SSE and Drax have signed an open letter to chancellor Philip Hammond calling for a “robust and strong” carbon price following the recent publication of the Clean Growth Strategy (CGS).
Water utility Severn Trent has set its sights on developing around 20MW of demand flexibility by 2020, enlisting flexibility provider Open Energi to help with the process.
All electric vehicle (EV) charge points sold in the UK will have to be ‘smart’ and able to interact with the grid to help manage the increased demand for electricity expected to arrive alongside higher take-up.
Regulators will need to evolve and adapt new approaches if they are to best protect consumers as the power market continues to pivot, a new report has warned.
