Reductions in network operators’ budgets could result in electricity grids becoming the “weak link” in the power sector transformation.
In today’s episode, Liam Stoker looks at what the clean energy transition is doing to power grids in the Middle East, while Liam and Andy Colthorpe explore the Australian bush fires and the nation’s tricky relationship with coal, set against far more ambitious decarbonisation moves in Germany.
Just two electricity projects have been successful in landing Network Innovation Competition (NIC) funding from Ofgem this year, with three rejected.
Italian utility Enel has unveiled a major upgrade of its strategy, ramping up investments in renewables, grids and clean energy ecosystems.
The Labour Party has unveiled major plans to renationalise the UK’s entire electricity and gas system, claiming that the current system is not fit for purpose.
An “explosion” in the number of devices connected at the end of the grid is driving a second transition and new demand for tech solutions.
ABB has launched a suite of new power products which it says can boost grid stability, power quality and energy efficiency in modern, complex grids.
Power electronics giant Hitachi has acquired ABB’s power grids business in an $11 billion (£8.7 billion) deal which has been described as a "turning point" for the energy transition.
Ofgem has confirmed that it will not open a mid-period review (MPR) of the current set of electricity distribution price controls, closing the door on potential changes to the RIIO ED-1 framework.