Ofgem has announced a new £450 million fund to help unlock innovation in energy networks.
Four projects have passed the initial screening for the Electricity Network Innovation Competition (NIC), with network operators seeking £29 million for green heat and flexibility.
Falling renewables costs and speedy deployment mean that Britain should aim for the technology to meet two thirds of electricity needs by 2030.
The National Infrastructure Commission (NIC) has proposed a new framework for resilience should be implemented across the nation’s economic infrastructure as it has a "duty to prepare."
The Contracts for Difference (CfD) scheme should be expanded, the National Infrastructure Commission (NIC) has recommended as one of a number of measures to strengthen confidence in the economy.
Renewable energy remains the cheapest way to decarbonise the power sector, but more urgency is needed to meet the UK’s 2050 net zero target.
New technologies, rather than nuclear, could offer a faster and cheap route to net zero.