The UK government could extend its 2020 smart meter target if consumers stand to benefit in what constitutes the first sign of a relaxation of tight programme deadlines.
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The rollout of smart meters across the UK will come in after deadline and over budget, according to a damning report from the National Audit Office, adding yet more pressure on the government to address its strategy.
Energy secretary Greg Clark has triumphantly declared the energy trilemma to be over in a landmark speech which established a new set of principles to steer future development of the energy market.
The government could be making decisions on the future of UK energy without considering their potential to impact consumer bills, according to a House of Lords select committee.
Energy secretary Greg Clark has said the UK’s “substantial” pipeline of renewable energy projects could offer a replacement to the capacity lost by the scrapping of Toshiba’s plans for a new nuclear power station in Cumbria.
Soaring renewables required under the UK’s binding climate change targets will send wholesale power prices crashing and fundamentally alter the workings of the power sector towards wider use of ‘capacity contracts’.
A cross-party group of MPs has piled pressure onto the government to use next week’s budget to implement greater tax incentives for electric vehicles just days after lobbyists for the automotive and green sectors did the same.
A group of MPs has added their voices to calls to bring the planned 2040 phase out of petrol and diesel vehicles forward by several years, while calling for a review and new strategy into how local authorities can access funding for charging infrastructure.
Electron is to develop flexibility trading platforms in Switzerland and South Korea as the energy blockchain specialist expands its smart platform technology into international markets.