Octopus Electric Vehicles is set to spearhead the “EV revolution” with £650 million having now been raised thanks to a new agreement with Pollen Street Capital.
A new survey by Paragon Bank has found that 54% of small and medium-sized enterprises (SMEs) have raised their prices to cover the unprecedented rise in energy costs.
This week’s issue of Current± Price Watch – powered by Enact – explores the summer spike in demand which led to a coal fired power plant being ordered onto standby, the prediction of a falling price cap on household energy bills in Q4 2023, and National Grid ESO publishing its Early View of Winter Outlook report proposing the return of the Demand Flexibility Service (DFS) for the winter period of 2023/24.
The UK EV industry is set to receive a major boost with Fortescue Future Industries announcing today (19 June) its intention to develop an additional “state of the art facility” for battery and electric powertrain production in Oxfordshire.
A new Department for Energy Security and Net Zero (DESNZ) report has dubbed smart meters a “critical tool in the transition to a low carbon energy system”.
Around 70,000 extra jobs in the onshore wind sector are needed between now and 2030, says a report by the Offshore Wind Industry Council (OWIC), with the total exceeding 100,000.
The UK Atomic Energy Authority (UKAEA) has announced that it has awarded contracts to seven organisations to develop innovative solutions to fusion energy development challenges.
The National Audit Office (NAO) has published an update on the rollout of smart meters showing that the UK has fallen well behind its original target of completing the rollout by 2019.
