Ofgem has thrown out a request by SSE to modify industry rules which would have resulted in generators receive a £120 million rebate funded by consumers.
UK Power Networks has revealed that its customers have benefitted from around £70 million worth of savings since 2015 through the use of flexible, distributed generation.
What is thought to be the largest operating containerised vanadium redox flow machine system in the UK has been connected to the grid by redT energy, with the 1MWh project becoming the first to sign up to a local energy market being set up by Centrica.
Innogy is doubling down on its vision for growth in decentralised generation and new grid infrastructure as it prepares to “rigorously implement” its new strategy.
Blockchain has received the backing of a powerful coalition of energy companies and trading houses who have announced plans to create and invest in a new venture develop a blockchain-based digital platform for energy commodities trading.
Open Energi has launched its new Dynamic Demand 2.0 platform, capable of helping businesses shift demand by connecting an increased array of on-site equipment.
UPDATE: SSE and innogy owner nPower have confirmed that, subject to Competitions and Markets Authority (CMA) approval, the two companies are to merge to create "a major new independent competitor in the energy and home services market".
Centrica has boosted its presence within the global energy market with the acquisition of Restore, the demand response aggregator manging 1.7GW of peak load from industrial and commercial customers across European countries and the US.
Siemens has continued to bolster its UK presence with a new partnership with Grid Battery Storage Limited (GBSL) which will see a 22MW portfolio of four projects built and an ‘energy storage as a service’ offering launched.
