UKPN is to utilise domestic battery capacity to deliver local flexibility via a virtual power platform after signing what is thought to be the first commercial contract of its type using residential assets.
The Department of Business, Energy and Industrial Strategy (BEIS) believes the world is “on the cusp of the next transformational change” in energy, and wants the UK to lead it.
Clean energy supplier Good Energy has signalled its intention to lead from the front of the energy transition, outlining a series of investments in new tech capabilities and a trio of appointments to its executive team.
Milton Keynes has delivered the first charging point under the council’s ‘MK Promise’, which sets out to provide overnight electric vehicle (EV) charging within a short walk of a new EV owner without off-street parking facilities.
Aggregate Industries has become the first adopter of an AI-powered flexibility platform thanks to a partnership between Open Energi and its electricity supplier, Ørsted.
Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).
Ørsted has selected NEC Energy Solutions to provide the battery system for its largest UK energy storage to date, which will see a 20MW battery deployed near Liverpool.
Various geopolitical factors such as a surge in populism, competition and productivity issues are creating a “tough backdrop” for the energy transition, Centrica chief Iain Conn has said.