Energy tech start-up Open Utility has landed more than £400,000 of government funding to help develop an online marketplace for local flexibility trading.
Water utility Severn Trent has set its sights on developing around 20MW of demand flexibility by 2020, enlisting flexibility provider Open Energi to help with the process.
All electric vehicle (EV) charge points sold in the UK will have to be ‘smart’ and able to interact with the grid to help manage the increased demand for electricity expected to arrive alongside higher take-up.
The controversial roll-out of smart meters for consumers has the potential to be the “next universal credit” if it is poorly managed, Labour MP Caroline Flint has warned.
The National Infrastructure Commission has placed carbon as one of the three biggest threats posed to the country’s prosperity and quality of life over the coming decades and laid the foundations for a series of new policy proposals in the power sector.
The government has placed power and smart systems innovation at the heart of its long-delayed Clean Growth Strategy (CGS), despite offering little more than current funding initiatives for storage, electric vehicle charging and network development.
