UK-based energy supplier, Octopus Energy Group, has reported a 197% year-on-year increase in revenues for FY23, contributing to a 1.6% profit margin.

A consortium led by Morek Engineering has received funding to design a new low-carbon installation vessel said to "set a new standard for environmental performance associated with the construction and maintenance of floating offshore wind."

Good Law Project is set to take legal action against the UK government over its policy on onshore wind planning rules in England.

The UK government has announced a £80.6 million funding package to develop greener, low-cost heating systems in 4 new projects in England. 

Boiler Upgrade Scheme (BUS) applications increased by 49% year-on-year (YoY) in December 2023 following a month of “record” number of grants paid in November.

Zest reach £2.1 million partnership agreement with Redditch and Bromsgrove councils for additional 120 EV chargers in 15-20-year deal.

Energy supplier Octopus Energy has announced its partnership with UK black cab app Gett to provide electric vehicle (EV) charging to 4,000 electric taxis. 

A new data centre in Manchester will be developed with heat re-use capabilities, harnessing waste heat for delivery to local projects.

EDF Energy, a UK subsidiary of French state-owned energy company EDF, has announced an updated completion cost for the Hinkley Point C coming in at £43 billion. 

In this blog, Current± looks into the growing geopolitical tension in the Red Sea and the impact it could have on the UK energy market.