Following a new framework agreement, the clean energy developer, Masdar will now be able to use Octopus Energy's technology platform, Kraken, to manage its UK battery storage portfolio.
Octopus Renewables Infrastructure Trust (ORITs) saw its net asset value (NAV) decrease in Q1 2023 primarily due to lower forecast wholesale power prices across Europe.
Cornwall Insight’s latest price cap prediction has shifted only £38 since March 2023, reflecting the UK’s wholesale energy market's decreased volatility.
The UK Government yesterday (4 May) launched a new programme offering up to £800,000 to help bring forward demand-side flexibility in the non-domestic energy market.
The Society of Motor Manufacturers and Traders (SMMT) has warned that rising energy costs and lacking charging infrastructure will “soften demand” for electric vehicles (EVs).
Scottish and Southern Electricity Networks (SSEN) Distribution has announced the launch of its Sustainable Supplier Code, that will require 65% of its supply chain (by spend) to have its own carbon reduction policy.
Rising heat pump demand could see the UK Government’s flagship Boiler Upgrade Scheme (BUS) run out of vouchers as early as 2024 – months before it’s original end date in March 2025.
The electric vehicle (EV) charging platform Monta is trailing a virtual queuing function that is set to “dramatically reduce” time spent waiting to charge EVs.