The Labour Party’s leaked election manifesto pledges a complete overhaul of the UK energy market, centred around ambitious renewables targets and nationalisation.
Octopus Energy has launched what it calls the UK’s first ‘transparent’ tariff which provides customers with a daily update of wholesale gas and electricity prices, adjusting the price they pay accordingly.
US electric vehicle charging giant ChargePoint has teamed up with the newly formed operator Instavolt to see the first 200 rapid chargers of a new EV network deployed across the UK.
A new digital energy company is seeking to undercut traditional ‘Big 6’ companies with a renewable supply offer delivered “at cost” offering both carbon and financial savings to customers.
Vattenfall is to become the latest European energy company to enter the UK’s business energy market with an offer to energy intensive firms, supplied by over 1GW of capacity from its UK wind farms.
Almost £250 million is to be spent by the UK government on the development of batteries for electric vehicles over the next four years should the Conservatives be returned to Parliament in June.
Australian finance giant Macquarie Group has concluded the contentious purchase of the UK Green Investment Bank for a total consideration of £2.3 billion.
Energy technology provider Utiligroup has been bought up by US investment firm Accel-KKR as the company seeks to enter the competitive European market and make its presence felt in the UK.
Flow battery provider redT will deliver a 1.08MWh energy storage project to support the distributed energy system in Cornwall and potentially take part in Centrica’s developing virtual energy marketplace.
