Britain produced its highest level of gas-fired electricity generation since 2011 in the third quarter of 2022, according to new analysis from EnAppSys.
“Education isn’t the biggest challenge facing the industry or wholesale prices, it is that there aren’t enough network constraints yet,” said Jo-jo Hubbard, co-founder and CEO of Electron.
RSK has highlighted the need for a cleanse of grid capacity registers, a shift in capacity to areas with generation potential and the streamlining of relevant energy developments as a means to unlock the UK’s renewable energy sector.
“The IMF is predicting that the UK will see the highest growth of any G7 member in 2022,” said climate minister Graham Stuart, despite the UK being plagued with the ongoing energy crisis.
GrdiBeyond has agreed a debt financing facility of £5.28 million (€6 million) led by Claret Capital, to continue its international expansion and provide smart energy solutions.
The Net Zero Technology Centre (NZTC) has allocated £8 million in funding to support the development of 20 low-carbon technology projects via its 2022 Open Innovation Programme.