The UK government has announced that the budget for this year’s Contracts for Difference (CfD) Allocation Round 6 (AR6) will be increased by over 50%, sending shockwaves across the energy industry.
The Department for Energy Secuity and Net Zero (DESNZ) has released figures that confirm renewable energy generated a record annual percentage of the UK’s electricity in 2023.
Throughout this week, the energy regulator Ofgem made several key announcements and proposed changes to the GB energy market, which could well aid the energy industry in a number of different ways.
The sixth auction round (AR6) for the Contracts for Difference (CfD) scheme will have a budget of £1.5 billion after Ed Miliband announced a £500 million increase.
In its last annual report as the Electricity System Operator (ESO), National Grid has revealed the 15 April this year saw the highest proportion of zero carbon generation on the transmission network at 92.2%.
Wrexham County Borough Council has joined forces with Costelloes EV Group to install electric vehicle (EV) chargepoints on council land across the borough.
Ofgem has appointed Elexon to drive alignment between local and national flexibility markets, and launched a consultation on a proposed common Flexibility Market Asset Registration (FMAR) solution.
