Brexit is likely to have significantly detrimental impacts to the UK’s energy supply chain, a member of the House of Lords’ EU Energy and Environment Sub-Committee has warned.
French energy major EDF has pledged to commence an “unprecedented acceleration” in renewable energy deployment having witnessed its UK nuclear revenues collapse in 2017.
Electron wants to create more alignment in the UK power sector, which it said is much needed if energy and flexibility trading is to realise its full potential.
Nissan Energy has remained coy over its future in the UK energy market, but said its recent launch of domestic solar systems will “complete the puzzle” as it mulls further partnerships in the energy space.
National Grid’s T-4 auction for the 2021/22 winter period has cleared at a record low price as battery storage projects seemingly struggled to compete.
BP has announced plans to invest US$500 million (£358.5 million) in low carbon businesses each year as it looks to further embrace the low carbon transition.
