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An innovation trial led by UK Power Networks (UKPN) in partnership with energy supplier OVO and tepeo, an electric boiler provider, has found that heat battery technology would “significantly” help the UK meet net zero targets by 2050.

ESO, National Grid’s energy system operator arm, has completed the first phase of summer consumer trials with 31 electricity demand shifting events held between May and July.

Energy supplier OVO Energy is reportedly “exploring its options, including bringing in a new investor or a sale”, Sky News has said.

A report commissioned by UK energy provider OVO Energy has shown that fewer than one in ten people report getting any dedicated green skills training at work, which the company says is a major risk to the net zero transition.

Ofgem has released new data showing that Octopus Energy has become Britain’s largest electricity supplier, with a 22% market share.

Energy regulator Ofgem has indicated that the overall satisfaction rate for energy suppliers is 69% in the UK.

OVO has partnered with manufacturer Vaillant to offer a "best-in-market" heat pump rate of 15p/kWh, which is said to cut running costs by an average of £495 a year.

OVO has completed the acquisition of electric vehicle (EV) charging consumer app Bonnet.

The UK government has urged low income households to make sure they receive the £150 Warm Home Discount as part of ‘Big Energy Saving Week’.

OVO’s Power Move and Power Move Plus customers have collectively earned £463,000 in the past month for shifting their energy.