Technology platform GridBeyond has launched a new energy trading and hedging service to support businesses navigate high cost and manage energy market volatility.
The creation of smart local energy systems could make a significant impact in the UK delivering net zero however barriers still remain before this technology is widely viable.
The Energy and Utilities Alliance (EUA) has called on Ofgem to conduct a village-sized trial of using heat pumps to decarbonise homes. The trial, which would mirror the UK Government backed hydrogen village that is hoped to begin trial in 2025.
New analysis from the Energy and Climate Intelligence Unit (ECIU) has shown that wind, hydro and solar has generated 13TWh since the beginning of October, saving 27TWh of gas that would otherwise have been required.
In December 2019, Ofgem released their final decision on the Targeted Charging Review, officially confirming that is was bringing in the ‘Triad’ system.
A new strategic partnership between Lloyds Banking Group, Octopus Energy and Halifax is aiming to introduce air-source heat pumps for Halifax customers and boost the rollout of zero-carbon heating.
As the energy crisis worsens moving into the winter period, a Midlands Engine report has revealed that a digitised smart energy network could save billions in energy costs across the region.
Citizens Advice has found that digitally disadvantaged consumers are at much higher risk of loyalty penalties and could be left behind by service changes in the energy market.