Phil Hewitt, director of Montel EnAppSys, explains how trading processes work across the Viking Link interconnector, who has benefited the most from it coming into operation and its impacts on European power market volumes.
The UK could be set to import energy from the US via a transatlantic interconnector being explored by a group of investors, the Telegraph has reported.
With the launch of Great British Nuclear last week (18 July), one of the biggest questions surrounding the technology remains just how the UK will use nuclear to support the energy transition.
UK businesses are facing electricity bill rises of up to 133% from April compared to last year, Cornwall Insight’s Delivered Electricity Cost forecaster revealed.
An electricity system developed by Electricity North West which could offer £1.2 billion in savings, was the sole awardee of Ofgem’s latest innovation assessment and has been recognised by the energy regulator as “exceptional.”