Plans have been unveiled that will see the Irish energy grid directly connected to continental Europe for the first time via a 575km interconnector running through the Celtic Sea.
SSE Energy Solutions has agreed to sell a 25% minority stake in its electricity transmission network business, SSEN Transmission, to Ontario Teachers’ Pension Plan Board for £1.465 billion.
Ofgem has moved to protect consumers from the cost of supplier failures, with the potential introduction of capital adequacy requirements and renewable obligation (RO) receipts.
“When we look at the forecast from now to 2050, we're looking at a doubling of electrical demand from a few hundred-terawatt hours to over 600TWh,” said Barry Hurst, head of business development at Enel X.
The Office of National Statistics (ONS) has showcased the impact of the energy bills support measures on public sector borrowing with the October 2022 figure standing at £13.5 billion.
From the beginning of the wholesale gas crisis to the end of the newly extended Energy Price Guarantee initiative, gas will have added £4,400 to the average household’s energy bill, according to the Energy and Climate Intelligence Unit (ECIU).
A new report by the Energy Transition Readiness Index (ETRI) assessing 13 European countries, has deemed that the UK is “lagging behind” the rest of Europe.
In a bid to boost the UK's energy security and its own sustainability portfolio, SSE has revealed it has invested close to four times as much as it made in profits in the first half of its financial year totalling £1.7 billion.
Technology solutions supplier Pilot Group has announced its partnership with Dent Council to supply and install six electric vehicle (EV) chargepoints at a public car park in the village of Laning, Cumbria.
