In this week’s edition of Current± Price Watch – powered by Enact – we take a forward look at potentially tight margins as the relative stability of recent weeks is savoured, as well as check in with SMS about demand reduction and Open Energi about the growing role of batteries in the Balancing Mechanism.
A new consortium has received a successful bid in the Innovate UK Net Zero Living programme with it now eyeing up to £5 million in the next stage to boost its energy planning technology.
The UK Government has awarded £19 million to 37 British entrepreneurs developing new green technologies during the Energy Entrepreneurs Fund’s (EEF) Phase Nine funding round.
110 UK academics have signed a letter to energy security secretary, Grant Shapps, calling for the UK to join key allies such as Germany, the Netherlands and France, in withdrawing from the Energy Charter Treaty (ETC).
Changing to a zonal pricing market could bring down energy bills for consumers in Scotland substantially, but there are concerns about its impact on investment.
Energy suppliers across the UK have agreed to stop forcing vulnerable households onto prepayment meters after energy security secretary Grant Shapps called for an investigation into the issue.
The latest figures published by the Society of Motor Manufacturers and Traders (SMMT) show that despite the promise of a 19.8% increase in new battery electric vehicle (BEV) registrations, the roll out of new chargepoints “is failing to keep pace”.
The RAC and EV campaign group FairCharge have called on the UK government to decouple electricity wholesale prices from gas in a bid to reduce the costs associated with EV charging.