Deepak Ravindran is joining the Octopus Energy Group to run the new business. Image: Kraken Utilities.
May 18, 2022

Octopus’ Kraken Technologies expands into other utilities

​Octopus Energy’s cloud-native platform Kraken Technologies is expanding to target other utilities, such as water and broadband.
Flexibility strategy: game changer or simply warm words?
May 18, 2022

Locational pricing could save £30bn by 2035, finds Energy Systems Catapult

​Locational pricing could save £30 billion by 2035, according to a new study from the Energy Systems Catapult (ESC), commissioned by Octopus Energy.
The automated drones will be able to fly beyond the line of sight to capture the best data. Image: NGET.
May 18, 2022

National Grid launches trial to use drones and AI to automate asset inspection

National Grid Electricity Transmission (NGET) has launched a new trial using drones and artificial intelligence (AI) to fully automate asset inspection.
ev.energy raised $33 million last year to continue its V2G rollout across Europe and the US. Image: ev.energy.
May 17, 2022

ev.energy expands into public charging through partnership with Allstar Business Solutions

​Smart-home charging app ev.energy is expanding into public charging through a new partnership with Allstar Business Solutions.
The Vulnerability Commitment’s signatories include Octopus Energy
May 17, 2022

Ofgem alters parameters of the Market Stabilisation Charge

​Ofgem is altering the parameters of the Market Stabilisation Charge (MSC), which it brought in in February in response to supplier volatility.​
Cruachan Dam, Scotland, an existing 440MW pumped hydro energy storage (PHES) facility, one of only four in the UK. PHES is the most commercially mature LDES technology, with a duration typically between 4 and 20 hours. Image: Drax Power.
May 17, 2022

Drax makes pumped hydro expansion contingent on long duration energy storage framework

Drax has submitted an application for planning consent to expand its pumped hydro Cruachan Power Station in Scotland to 1GW, but stressed the need for proper frameworks to support long duration energy storage in the UK.
Octopus Energy, Good Energy and E.On pay £8 million due to missed payments to customers. Image: Getty.
May 16, 2022

Ofgem to consult on setting the price cap quarterly

​Ofgem has launched a consultation into whether the default tariff price cap should be set every three months, instead of every six.
The strategic investment will also help upskill engineers across the country. Image: EDF
May 16, 2022

EDF makes strategic investment in CB Heating to support heat pump rollout and installer training

​EDF has made a strategic investment and partnership with heat pump installer CB Heating in what it said is the first step towards its long-term heat decarbonisation strategy.
The EV charging hub in Fulham
May 13, 2022

Chargepoint availability and interoperability remain key concerns for EV drivers

​Almost half of electric vehicle (EV) drivers want to see improved chargepoint availability, according to a new survey from Shell Recharge Solutions.
BEIS will be split into three new departments
May 13, 2022

Government must invest £20bn in battery storage by 2030 to meet renewables goals

Nearly a fifth of the government’s total energy technologies investment must be spent on energy storage batteries between 2025 and 2030 to meet renewables targets, Cornwall Insight has said.

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