Norwegian energy giant Statkraft has made a major play for the UK and Ireland wind sector by acquiring the development business of Element Power Group.
UK Power Networks has laid out its vision for a ‘flexibility first’ approach in the coming years, including procuring a forecast 206MW in place of network reinforcement.
Low Carbon has gained provisional approval for a large scale battery energy storage project in Northern Ireland, with planning documents suggesting that three more could be on the horizon in the emerging market.
The first tranche of a near £3 million investment is to be deployed on the Isles of Scilly to deliver installations of new solar arrays, electric vehicle chargers - including some with vehicle-to-grid technology - and a series of low carbon grants to local businesses.
Industry regulator Ofgem has opened compliance investigations into First Utility, OVO Energy and Utilita – three of the largest energy suppliers outside of the Big Six.
Norwegian state-owned power firm Statkraft has outlined plans to invest nearly £1 billion a year over the next six years in a bid to deploy multiple gigawatts of renewable power.
Renationalisation of the UK’s energy networks could disrupt the low carbon, digital transition underway across the sector and fall short of delivering more renewable generation, according to the sector’s leading trade body.
