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.
Questions have been asked over the future of the Capacity Market mechanism after last week’s T-4 auction cleared at a record low price.
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.
Germany’s Next Kraftwerke is bringing to market a new product that allows energy companies to establish their own virtual power plants.
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.
Writing for Clean Energy News, Louis Shaffer, distributed energy segment manager at Eaton EMEA, considers two key developments in store for the UK’s renewable energy industry this year.
Prominent politicians from across the political spectrum have warned against the UK’s departure from the Internal Energy Market (IEM) as part of Brexit, despite the country’s exit from the single market taking automatic continuation “off the table”.
Battery storage and demand-side response have continued to play a crucial role in the UK’s power mix, together landing more than 500MW of contracts in the most recent T-1 Capacity Market auction.
Electricity consumption rose in every European country apart from the UK, which also contributed the highest growth in renewables in the past three years alongside Germany, according to new analysis of the European power sector.
London Mayor Sadiq Khan has kickstarted his flagship Energy for Londoners scheme with a series of new initiatives to boost local energy use in the capital.
Innovations to help vulnerable energy customers are at risk of sliding down supplier agendas as a result of the sheer pace of change elsewhere, a new report has warned.
Small modular nuclear reactors (SMRs) will be a crucial technology in the UK’s bid to decarbonise its power supply, a new report has concluded.
A group of claimants have failed in their bid to delay Ofgem’s implementation of drastic changes to Embedded Benefits payments.