There is sufficient capacity and operational tools to maintain security of supply over for the summer period, National Grid ESO has said, with low demand to remain challenging.
By the end of 2021, there were 27.8 million smart and advanced meters in homes and small businesses in Great Britain.
OVO Energy is reportedly to cut a quarter of its 6,200-strong workforce amid the continued volatility in the energy supply market.
Around £39,222,407 is to be returned to electricity suppliers through the Contracts for Difference (CfD) scheme, the first quarter in which this has occurred.
A new milestone has been reached in the smart meter rollout, with 17 million installations since the programme began.
Good Energy is selling its 47.5MW renewable asset portfolio as part of a shift towards mobility and energy services, including increased investment into Zap-Map.
Goto Energy has become the latest supplier to go under during a turbulent period in the energy market.
New modelling from Cornwall Insight has forecast that the Summer 2022 default tariff price cap could now reach around £1,660.
OVO Energy is hailing 2020 as a landmark year for the company, having completed the largest industry consolidation deal to date.