Data from UK consultancy Cornwall Insight shows that profits for battery storage units will rebound by 2026 after “an extended period of underperformance”.
The new National Energy System Operator (NESO) has signed a memorandum of understanding (MoU) with UK charity Citizens Advice to better support UK energy customers.
The transmission infrastructure connecting the Isle of Man’s first offshore wind farm to the UK has been granted Nationally Significant Infrastructure Project (NSIP) status by the UK government.
UK energy regulator Ofgem has published its annual report on the Smart Export Guarantee scheme, showing more tariffs were available between 2023 and 2024 than the previous year.
Octopus Energy, the UK’s largest electricity supplier, has completed a payment of over £3 billion to the government to acquire failed energy supplier Bulb.
The Department for Business and Trade (DBT) will fund a £1 million market access programme designed to generate new opportunities for UK companies to export offshore wind products and services globally.