Digitalisation in solar and across the wider European energy market could create “vast” market opportunities and entirely new business models, a new report has found.
Great Britain’s electricity networks will collaborate on new markets for flexibility services to rival the need for traditional upgrade investments, developing a national smart grid which could deliver £17 billion back to the economy by 2050.
Scottish & Southern Electricity (SSE) has said the merger of its supply arm with npower’s will bring about a “completely new model” for the UK supply market.
Good Energy has unveiled Origami Energy as its technology partner working on the company’s new battery storage solution, which last week signed up its first commercial customer in the Eden Project.
Future battery energy storage projects in the UK have been hit with a major blow after the government published its intention to lower the de-rating factor in capacity market auctions by almost 80% for 30 minute duration batteries.
A significant number of battery storage assets representing multiple gigawatts of capacity have cleared the first hurdle towards competing in forthcoming Capacity Market auctions.
Ecotricity has nearly doubled its unit cost for electric vehicle owners to charge on its Electric Highway network as part of a wider revamp of its EV offering.
The UK’s first battery development facility has been confirmed by business secretary Greg Clark, who has announced that £80 million of funding will be ploughed into the Midlands project.
