Social Energy, a UK-based energy technology start-up, is intending to disrupt the energy sector with an artificial intelligence-powered platform that could slash domestic energy bills.
Energy aggregator Limejump has struck a deal with NextEnergy Solar Fund (NESF), one of the UK’s largest solar asset owners, to trade 120MW of PV generation.
Uber, Centrica and an unnamed parcel carrier firm are participating in a new, Ofgem-backed trial which will assess the impact of up to 3,000 electric vehicles on local grids.
EDF Energy is seeking to build a portfolio of domestic batteries to take into energy services markets by offering discounted energy storage units to consumers via a new partnership with Powervault.
OVO Energy has boosted its customer base to over one million after taking on 290,000 additional customers from Spark Energy, which has also seen its operating company bought as a standalone business.
New wind generation, interconnectors and surging EV uptake will leave the transmission system having to tackle capacity deficits over the next decade, according to the system operator National Grid.
Energy and clean growth minister Claire Perry has attempted to downplay the impact of the ‘standstill’ imposed on the UK’s Capacity Market, courting accusations of dishonesty from the company behind the legal challenge that resulted in the suspension of the scheme.
Energy secretary Greg Clark has triumphantly declared the energy trilemma to be over in a landmark speech which established a new set of principles to steer future development of the energy market.
The government has failed to rule out that it may have to recover capacity market payments already made to contract holders as a result of today’s landmark ruling by the European Court of Justice.
