SET Ventures has raised €100 million in its most recent funding round, which it will use to invest in early stage energy companies throughout Europe.
High wind over the weekend sent power prices plunging as a surge in UK wind generation triggered negative prices for a record length of time, according to National Grid.
Energy tech firm Limejump has penned a short-term power purchase agreement with UK solar investor Bluefield Solar Income Fund.
Flexibility providers called on by National Grid ESO jumped into action last week in response to grid frequency falling to 49.59Hz.
Oil and gas major Shell has outlined an overhaul of its company strategy as it bids to take advantage of worldwide electrification.
Shell Energy said its decision to rebrand was a “line in the sand” as it pledged to kick-start a consumer-facing revolution in the supply market.
UK wholesale power prices dipped into negative pricing for more than six hours yesterday following an “unprecedented turn of events” in the country’s supply and demand profile.
Shell has rebranded First Utility as Shell Energy and switched all of its residential customers to 100% renewable power as it places the UK supply market firmly in its crosshairs.
Following Shell’s headline-grabbing acquisition of Limejump, Liam Stoker speaks to the latter’s chief executive about how the deal came about, what it means for the firm moving forward and, crucially, the energy transition in general.