Octopus Energy has taken the plunge and is now offering customers cash in exchange for taking excess electricity off the grid at times of negative pricing in an extension of its ‘transparent’ tracker tariff released last year.

Centrica has blamed “weak” performance in 2017 and cuts to as many as 4,000 jobs on political and regulatory pressure, but backed its emerging strategy to succeed in the long-term.

Nissan and its partners have completed the development of a new manufacturing process at its Sunderland plant to produce high density 40kWh battery cells for both electric vehicle and stationary energy storage systems.

The government has seemingly dropped its targets for the contribution of nuclear to the UK’s energy mix, with secretary of state Greg Clark stating there would be enough power if Hinkley Point C were not completed.

Chargepoint is preparing to launch its home electric vehicle charging solution in the UK, backed by channel partners and car manufacturers who already support market leader Chargemaster, setting up a hefty competition between the two.

The world economy needs a “more decisive break from the past” if the COP21 climate targets are to stand any chance of being hit, BP has said.

The UK’s largest energy companies need to install around a million smart meters every month between them to meet the 2020 roll-out target, according to analysis by consumer group Which?.

Furniture giant IKEA is to help its customers go green and save money through a new partnership with the Big Clean Switch.

Brexit is likely to have significantly detrimental impacts to the UK’s energy supply chain, a member of the House of Lords’ EU Energy and Environment Sub-Committee has warned.