The Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five energy storage projects across the nation to support the development of new technologies such as thermal batteries and liquid flow batteries.
Ofgem has moved to protect consumers from the cost of supplier failures, with the potential introduction of capital adequacy requirements and renewable obligation (RO) receipts.
The Department of Business, Energy and Industrial Strategy (BEIS) has committed over £120 million to spearhead nuclear fusion innovation and boost energy security prospects for the future.
The UK government has denied plans for Sizewell C are currently under review, reiterating its commitment in supporting the acceleration of the nuclear industry.
Two EDF Energy-led projects have been awarded grant funding from the Department for Business, Energy and Industrial Strategy (BEIS) under its £60 million Heat Pump Ready Programme.
Grant Shapps has been appointed as Secretary of State for the Department of Business, Energy and Industrial Strategy (BEIS), following Jacob Rees-Mogg resigning.
A number of the UK’s energy suppliers have penned a letter to the government expressing concerns over the new measures proposed in the Energy Prices Bill which grant ministerial powers in the energy sector.