Innovate UK and French energy giant Engie have teamed up to launch a £4 million competition to help fund projects at the forefront of the energy transition.
Swedish energy giant Vattenfall has issued a €500 million (£438 million) green bond - its first ever - offering investors the chance to “support the transformation of the energy system”.
Energy regulator Ofgem has pushed ahead with plans to slash the cost of equity for networks under RIIO-2, confirming a methodology which, if applied today, would cut the baseline return on equity to 4.3%.
Innogy said it was seeking closure on the “unusual situation” of being in the middle of the RWE/E.On asset swap, while its npower retail division continued to suffer at the hands of a “persistently poor” UK market.
The global energy transition could create financial benefits worth as much as US$160 trillion by 2050, the International Renewable Energy Agency (IRENA) has said.
Last week’s Everything EV conference in central London bought together representatives from across the e-mobility ecosystem to discuss the sector’s direction of travel. The Current± editorial team was on hand to report from the event, and here are the five key takeaways from Everything EV 2019.
Pivot Power and redT are to collaborate on a grid-scale hybrid battery storage project which claims to be the world’s first to use a combination of lithium-ion and vanadium redox flow technologies.
Security and predictability over revenue remains the most challenging aspect of securing investment for EV infrastructure, but the prospect of a government grab to replace fuel duty could change that in the future.
