The UK power market’s transition to a more decentralised, decarbonised and digitalised grid is happening faster than regulation can keep up, Ofgem’s Andrew Wright has said.
The National Audit Office has rounded on the government’s decision to pursue the £18 billion+ Hinkley Point C project, describing it as “high cost and risky”.
The UK must remain as closely aligned as possible to the wider European energy market after it exits the European Union, a leading trade association has warned.
Swedish state-owned energy giant Vattenfall has set its sights firmly on the so-called Big Six’s market share with the purchase of its own consumer supplier.
Mayor of London Sadiq Khan has said he wants the capital to lead the way in smart and clean technologies, and has unveiled a new incubator fund to help achieve that goal.
The Carlsberg Group has pledged to eliminate all carbon emissions from its breweries by 2030, taking the immediate step of transitioning to 100% renewable electricity by 2022.