energy supply

National Grid ESO (NGESO) has release its Summer Outlook 2023 predicting that balancing costs could be around 30% lower than last summer.

Xlink’s project connecting the UK and Morocco with a power line has reportedly received backing from Abu Dhabi-based energy company Taqa.

French-owned energy company EDF Energy has confirmed that West Burton A, a coal-fired power station, closed at midnight 31 March 2023.

Energy suppliers across the UK have expressed concerns on the levels of customer debt being accumulated because of the halt to warrant prepayment meter installations.

Business and Energy Secretary Grant Shapps has called on energy suppliers to stop force fitting prepayment meters with many doing “nowhere near enough” to support vulnerable customers.

So Energy has revealed it is no longer exploring additional funding options, citing a fall in future wholesale prices, continued governmental support and ESB backing as a means of becoming more financially sound moving into 2023.

The ongoing energy crisis is proving to serve as a catalyst for energy retailers to overhaul their technology platform and deliver transformational efficiencies.

All 17 energy suppliers need to do more to support “customers in a vulnerable situation” Ofgem has revealed as part of a Market Compliance Review.

The first alert for National Grid ESO’s demand flexibility service has been confirmed for 15 November between 17:00 and 18:00.

The National Grid has invited local communities in Suffolk and Kent to comment on proposals for two green energy infrastructure projects dubbed Eurolink and Sea Link.