Infrastructure fund manager Zouk Capital has been named as the preferred bidder for the government’s much-vaunted EV Charging Infrastructure Investment Fund (CIIF).
Former chancellor George Osborne’s decision to scrap the Zero Carbon homes policy is costing occupants of new-build homes more than £200 per year, essentially three times the targeted savings from Ofgem’s price cap.
Energy firm SSE has issued a profit warning after it revealed the suspension of the Capacity Market is expected to result in a £60 million shortfall in this financial year.
The UK renewables lobby has doubled down on warnings over planned reforms to network charging, suggesting they damage sectors “vital” to the country’s decarbonisation and push projects to the brink of failure.
The government has been accused of failing to match its own rhetoric over the electric vehicle transition, as its response to a damning report on the subject was slammed.
A major rethink and modernisation of energy policy is required to prevent millions of consumers from missing out on the benefits of electric vehicles and other emerging energy technologies, a new report has warned.
Tempus Energy has launched a fresh attack over the government’s handling of the Capacity Market (CM), accusing it of “pretending” that the European Court of Justice’s judgement on the matter is less serious than it is.
The government has unveiled proposals to introduce a new ‘Smart Export Guarantee’ (SEG) for small-scale renewables, legislating for large suppliers to essentially purchase green power exported to the grid.
National Grid has outlined how renewables could participate in the Capacity Market, unveiling technology-specific de-rating factors that range from 1-15%.
