A £2 million collaborative demonstrator project has integrated wave power and subsea energy storage to power subsea equipment in the north of Scotland.
Ahead of Wednesday’s (15 March) Spring Budget announcement, OVO has called on the UK Government to abolish its poverty penalty for pay-as-you-go customers.
Octopus Energy has announced it will invest €1 billion into the French green energy market over the next two years, as the energy supplier plans to make Paris its EU technology hub.
Data from Cornwall Insight’s independent research paper, Integrate to Net Zero, has shown that the widespread use of integrated energy solutions could save the UK’s wholesale energy market over £13 billion a year by 2035 - a 25% total cost reduction.
A research paper carried out by Professor Alex Kemp and Arturo Regaldo at the University of Aberdeen, has found that the increased Energy Profits Levy (EPL) may have a “major negative impact” on post-tax returns for investors in the UK Continental Shelf (UKCS).
Feedback from the energy sector regarding the review of energy market arrangements (REMA) consultation summary has been largely positive but the UK’s future market framework remains obscure.
Energy Systems Catapult has acquired “key parts” of the building consultant, Active Building Centre (ABC), so as to modernise construction with lower-carbon buildings that actively manage, store and share energy.
Engineering technology company, Rawwater, has worked with National Grid to deploy its M3 molten metal manipulation technology, ‘M3CollarCast’, to seal Sulphur hexafluoride (SF6) leaks in substations without requiring outages.
The electric vehicle (EV) chargepoint operator, Liberty Charge, has announced the launch of its zero-cost EV chargepoint installation service for businesses.
The Department of Energy Security and Net Zero (DESNZ) yesterday (8 March) released the conclusion of its review of electricity market arrangements (REMA) consultation, confirming that 80% of respondents felt current markets are not fit for purpose.