UK wholesale power prices dipped into negative pricing for more than six hours yesterday following an “unprecedented turn of events” in the country’s supply and demand profile.
Articles tagged with: Renewables
Shell has rebranded First Utility as Shell Energy and switched all of its residential customers to 100% renewable power as it places the UK supply market firmly in its crosshairs.
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
Two Octopus Energy units have collaborated to launch Electric Juice, a green power supply service targeted specifically at the electric transport sector.
EDF Energy has collaborated with tech firm Upside Energy and renewables asset holder Anesco to introduce the energy sector’s first guaranteed floor price for battery storage.
SSE is to slash the carbon intensity of its generated electricity in half and treble its renewables output as part of a series of new sustainability initiatives.
E.On has reported strong performance from its renewables and networks divisions, but cited “unrelentingly fierce competition” in European supply markets for sliding returns from its solutions arm.
Global energy giant RWE is on the “home straight” of its asset swap with E.On and establishing itself as a renewables powerhouse, the company said today.
The UK’s insurance giants are proposing regulatory tweaks which could help unlock billions of pounds of investment into clean energy projects.