business

Innogy has confirmed its chief executive Peter Terium has left the company with immediate effect, just days after it was forced into issuing a profit warning

Facilities solutions provider ABM UK has made a strategic move into electric vehicle charging infrastructure after agreeing a deal with global manufacturer and network operator ChargePoint.

As 2017 draws to a close, Clean Energy News looks back on what has been a considerably interesting year for the energy transition. In the second of a series of articles running this week, we recap the best stories that broke in April, May and June.

Ofgem is to kick off the recruitment process for a new chair after David Gray announced his intent to retire next year.

Good Energy has signed up Europe’s largest smart charging solutions provider for electric vehicles as it prepares to launch a new proposition for its business and domestic customers.

A large group of major multinational companies has urged European member states to support a renewable energy target of at least 35% by 2030.

Distribution network operators (DNOs) should be able to own and operate a minimal amount of battery storage capacity in certain cases, and be able to compete in the ancillary services market to fund the projects, according to Northern Powergrid’s head of regulation and strategy.

Ofgem’s head of networks has reiterated the regulator’s warning to operator companies that they should expect tougher price controls after pointing to “double digit returns” deemed too high within current market conditions.

Changes to the de-rating factors for battery storage projects competing in the Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications.