Finance

​Second life energy storage firm Connected Energy is to ramp up its analytic capabilities using £350,000 of new funding.

​A £1 billion Public Sector Decarbonisation Scheme has been launched by the Department for Business, Energy and Industrial Strategy (BEIS).

​Higher network costs and the need to sell excess contracted power back has resulted in Good Energy’s gross profit taking a hit.

​Costs of deploying renewable electricity generators continue to fall as new government statistics show dramatic cost reductions for solar and wind out to 2040.

The government has been urged to create a Net Zero Development Bank and pledge £5 billion towards local energy projects.

SSE has unveiled a plan to spend more than £7 billion on major low carbon infrastructure projects over the next five years, supporting net zero ambitions and spurring a green recovery from the COVID pandemic.

​The Aldersgate Group has launched a policy briefing highlighting low carbon projects could help address economic challenges following COVID-19, as the Energy Efficiency Infrastructure Group joins calls for a green recovery.

This month’s episode of the Solar Media Podcast is now available to listen to, featuring conversation around a record month for the UK’s grid.

​Drax is estimating that it is to take a £60 million hit from the impact of COVID-19 as its Customers business feels the bite due to plummeting demand.