electricity

Ofgem has published an update on its review of standing charges, after responses to its call for input painted a "stark picture" of users' dissatisfaction with the current system.

Energy market consultancy Cornwall Insight says the provisional results from the Irish Renewable Energy Support Scheme (RESS) show “good progress” but the country’s 2030 electricity decarbonisation target will still be missed.

Forecasting by energy market consultancy Cornwall Insight suggests that Ireland and Northern Ireland will miss the goal of generating 80% of their electricity from renewable sources by 2030.

Engineers energised National Grid’s £1 billion London Power Tunnels 2 (LPT2) project in south London on 5 August.

The Central Statistics Office for Ireland has released metered electricity consumption statistics for 2023, showing that data centres in the country took a 21% share of the total usage.

The International Energy Agency (IEA) Electricity Mid-Year Update report forecasts that global electricity demand will grow by 4% in 2024.

New research by the trade association RenewableUK has shown that offshore wind will dominate the lowest-cost electricity system in 2035.

Centrica Business Solutions has revealed that 56% of UK businesses intend to increase their onsite generation capacity in the next two years.

The PAC has issued a warning that the UK and wider economy “lack the necessary skills to deliver ambitious plans for major infrastructure".

National Grid ESO has proposed a £58bn investment in the electricity grid so it can meet the demands of being fully decarbonised by 2035.