Tech

Brookfield has signed an agreement to take a 12.5% minority stake in four of Danish energy company and developer Ørsted’s UK offshore wind farms.

Data from UK consultancy Cornwall Insight shows that profits for battery storage units will rebound by 2026 after “an extended period of underperformance”.

Quality assurance firm Resillion has launched the UK’s first demonstrations of interoperable demand-side response (DSR) and energy smart appliance (ESA) technologies designed to enhance grid stability.

The prime ministers of the UK and Australia have agreed to a new partnership to hasten the development of renewable energy technologies.

This week has seen some major policy revelations ahead of the autumn budget announcement on 30 October, as well as novel EV technologies revealed and wind development milestones for EDF.

Inyanga Marine Energy Group, developer of the patented HydroWing tidal energy technology, has announced a crowdfunding round.

A project trialling lower cost technology for vehicle to grid (V2G) charging technology is now underway, supported by funding from the Department for Energy Security and Net Zero (DESNZ).

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.

UK energy regulator Ofgem is set to design and deliver the first round of a cap-and-floor support scheme for long-duration energy storage (LDES) including changes made after a consultation period at the beginning of this year.

Current± spoke to James Macnaghten, co-founder and CEO of Caldera, to see how the company is targeting the decarbonisation of industrial heat.