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Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.
February 10, 2022

Octopus Hydrogen and BayWa r.e. sign MoU for pipeline of green hydrogen projects

​Octopus Hydrogen and BayWa r.e. are to develop green hydrogen production facilities at renewable energy sites in the UK.
Image: Getty.
February 9, 2022

Contracts for Difference auctions to be held annually in ‘major step forwards’ for net zero transition

​Contracts for Difference (CfD) auctions will now be held annually as the government looks to accelerate domestic renewable electricity production.
Image: Octopus Energy.
February 9, 2022

Octopus Energy and National Grid ESO launch ‘turndown’ domestic flexibility trial

​Octopus Energy together with National Grid ESO has launched a new ‘turndown’ flexibility trial.
Octopus signs PPA with Shell to offtake energy from ‘world’s largest offshore wind farm’. Image: SSE.
February 8, 2022

Dogger Bank C wins National Grid ESO reactive power contract in UK first

​In a UK first, National Grid Electricity System Operator (ESO) has awarded a reactive power contract to an offshore wind farm transmission asset, SSE’s Dogger Bank C.
Image: BP Pulse.
February 8, 2022

Calls for windfall tax reiterated as bp unveils £9.5bn in profit amid energy crisis

​bp has seen its profits surge to £9.5 billion ($12.8 billion) for 2021, on the back of high oil and gas prices.
SSE is aiming to deliver a fivefold increase in renewables output by 2031. Image: SSE
February 8, 2022

SSE sees lower than planned renewables output in ‘turbulent trading period’

​Electricity output from renewable sources in which SSE has an ownership interest was 1.4TWh - or 19% - below plan in the latter nine months of 2021.
The report outlines that China has a "near monopoly" in certain net zero supply chains. Image: Getty.
February 7, 2022

BEIS proposes to lower energy generation costs via increased CfD supply chain competitiveness

The government is proposing changes to the Contracts for Difference (CfD) mechanism that it said would drive down the cost of energy generation.
BEIS will be split into three new departments
February 4, 2022

Energy industry reacts to ‘eye-watering’ bills hike and short-term relief

Following Ofgem unveiling the new price cap, Current± took a look at how those in the energy sector and beyond reacted to the government’s mitigation actions.
The oil and gas major saw its profits surge in Q4 of 2021 due to high commodity prices. Image: Kent Smith/Shell.
February 3, 2022

Labour calls for O&G windfall tax as Shell sees earnings jump 298% during ‘momentous’ 2021

The Labour Party has once again called for a windfall tax on north sea oil and gas producers as Shell releases financial results for “momentous” 2021.
The DNO is expecting 600
February 3, 2022

'Urgent changes' required for home heat decarbonisation as government off track to meet targets, BEIS select committee finds

Decarbonising residential heating is a difficult task due to the scale, complexity and cost of the challenge, the BEIS select committee has found.

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