A hard Brexit that sees Great Britain fall out of the Internal Energy Market (IEM) could cost consumers as much as £270 million a year, a new report from the UK Energy Research Centre (UKERC) has claimed.
Energy aggregator Limejump has struck a deal with NextEnergy Solar Fund (NESF), one of the UK’s largest solar asset owners, to trade 120MW of PV generation.
Arsenal football club’s Emirates Stadium has become home to what could be the first behind the meter battery of its size to be aimed at wholesale energy trading over frequency response.
Continued cooperation on energy trading and climate policy should be included in any final Brexit deal between the UK and the European Union, according to trade bodies from both sides of the channel.
Local energy marketplaces and their interaction with existing licensing regimes have proven a particular area of interest within Ofgem’s regulatory sandbox initiative, with BP and British Gas named amongst its new participants.
The government’s official positioning on a post-Brexit energy relationship is “encouraging”, but time is rapidly running out for the finer details of that relationship to be agreed upon, Energy UK has said.