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”.
A botched Brexit would threaten the UK’s energy security by having severe implications on its ability to trade energy with Europe, the House of Lords has warned.
The European Council has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.
Changes to the de-rating factors for battery storage projects competing in the Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications.
Centrica has boosted its presence within the global energy market with the acquisition of Restore, the demand response aggregator manging 1.7GW of peak load from industrial and commercial customers across European countries and the US.
Flexible and distributed energy sources in the UK will reach 25GW by 2030 according to Aurora Energy Research, which has forecast potential annual revenues close to £3 billion as batteries, ‘peakers’ and demand-side response (DSR) come to the fore.
Centrica has warned that UK businesses are at an increased risk of power-related failures that could endanger employees and profit margins.
UK energy company Drax is to consider adding a 200MW battery storage project to its coal-fired power station in North Yorkshire in an effort to add value through greater flexibility and extend its operation.
Delays to the UK's transition to a cleaner power sector and the deployment of new renewable capacity could cost consumers as much as £2.6 billion, a new report has claimed.
The North of England’s green economy is under threat from a hard Brexit, think tank IPPR North has warned in a new study.
The government got some positive headlines last week as business secretary Greg Clark announced plans to invest in battery technology and introduce smart technology into the UK’s energy system. Robert Ede, senior consultant at The Whitehouse Consultancy, takes a closer look at the rhetoric to see how it stacks up against reality.
Following last week’s energy system overhaul announcements from the government, Liam Stoker stresses that it will be down to energy companies and providers – and not Westminster – to truly enact change in our power market.
The Department for Business, Energy and Industrial Strategy and the energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system.
Liam Stoker looks at how the UK and Europe could look to follow California and share the wealth of renewable power, if only Brexit didn't look certain to call curtains on the UK's involvement in it.
The Department of Business Energy and Industrial Strategy will seek over 50GW of capacity in the next T-4 capacity market (CM) auction for delivery in 2021/22, around 2GW less than the proceeding auction after a technical panel of experts overrode the recommendations of National Grid.
The Department of Business, Energy and Industrial Strategy (BEIS) is prioritising lowering the cost of decarbonisation for businesses, according to a senior civil servant who has claimed that getting costs down is “the biggest challenge” faced by the department.
Provisional contracts of over 312MW of demand side response (DSR) capacity have been awarded in the latest transitional capacity market auction, the last to be dedicated solely to the demand turn down.
Clean energy utility Good Energy has said it is to streamline its business in order to pursue new smart energy technologies such as electric vehicles and storage.
A multi-million pound EU funded project is set to provide the Isles of Scilly with a new smart energy system, using new software platforms to manage supply and demand through renewables, energy storage and electric vehicles.
The UK government must act urgently to support greater flexibility in the country’s power system or risk escalating system costs, the UK Energy Research Centre (UKERC) has warned.
The government’s upcoming Carbon Plan should include a specific strategy for promoting microgeneration, efficiency, storage and demand response across the UK small business community, according to the Federation of Small Businesses (FSB).
Business and energy secretary Greg Clark has failed to guarantee that intensive energy users will be made exempt from paying renewable energy levies attached to bills when the existing compensation scheme expires next year.
Energy company Drax has confirmed it has entered into a conditional agreement to acquire Opus Energy – one of the UK’s largest business energy suppliers – for a conditional sum of £340 million.
A leading energy supplier has warned that rising wholesale power prices and a highly competitive retail market could force one or more of the new independents out of business this winter.
BT has topped the list of FTSE 100 companies thanks to its sustainability strategy, after the latest Carbon Clear report deemed the telecommunications giant to have the most comprehensive approach to carbon and sustainability reporting.
Energy efficiency could offset the need for Hinkley Point C by 40% while demand side response (DSR) could make the project unnecessary altogether according to a new report published today.
The newly formed Department for Business, Energy and Industrial Strategy (BEIS) could see energy policy relegated to a ‘steady as she goes’ approach while other policy areas take precedence, according to a government MP on the energy and climate change (ECC) select committee.
Irish cleantech company Airsynergy has announced the launch of a suite of renewable energy and cost cutting products for the UK market, including small scale wind turbines with substantial generation capabilities.
BMW has announced plans to launch a stationary energy storage product suitable for small commercial applications utilising the same high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.
Vodafone will seek to ramp up its energy efficiency measures both within the company and among its customers after revealing its greenhouse gas (GhG) emissions and energy consumption increased over the past year.