Centrica has pitched its future vision of the UK’s business energy market, suggesting that greater distributed power could save the economy billions, create thousands of jobs and help boost productivity.
The Public Accounts Committee (PAC) has this morning slammed the government over its handling of the Hinkley Point C contract, identifying a catalogue of errors that it said could see consumers footing the bill.
The UK working alongside Canada has launched an international alliance committing at least 25 nations and states to accelerate the phasing out of unabated coal power in favour of clean energy growth.
UK renewables and battery developer Anesco has warned that the looming de-rating of battery storage in the Capacity Market risks scaring investors away from the technology.
Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.
The Department of Business, Energy and Industrial Strategy (BEIS) has refused to provide any clarity over when a decision on the potential derating of energy storage assets within the capacity market (CM) will be made despite a senior policy advisor stating the judgement is “imminent”.
The Department for Business, Energy and Industrial Strategy has launched a new call for evidence (CfE) over the cost of energy on the back of recommendations put forward in the Helm review.
