Hitachi Energy has handed over the running of the North Sea Link power interconnector to Statnett, the national power grid operator in Norway, and National Grid.
EV chargepoint management platform Fuuse has launched a scheme allowing businesses to use their charging assets in a bid to protect the UK’s energy supply this winter as the energy crisis intensifies.
“Education isn’t the biggest challenge facing the industry or wholesale prices, it is that there aren’t enough network constraints yet,” said Jo-jo Hubbard, co-founder and CEO of Electron.
Flexitricity will provide market access to National Grid’s new winter Demand Flexibility Service (DFS) in order to support businesses amid the energy crisis.
The number of grid connection applications has quadrupled in the past four years, according to a new update from National Grid Electricity Transmission (NGET).
Regen has called for urgent action on grid connections to improve energy security, transition to net zero, and lower customer bills amid rising inflation.
National Grid’s statutory operating profit was up 82% for the 2021/22 financial year to £4.4 billion, boosted by the acquisition of Western Power Distribution (WPD).