The economist behind the upcoming energy price cap has been selected by the government to chair Ofgem and take on the ‘seismic change’ underway in the UK energy sector.
Almost £9 million has been awarded to innovation projects across SMEs, schools and colleges seeking to use smart meter data to allow for greater control of energy use as part of the government’s industrial strategy.
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.
Central planning from government in rolling out high speed electric vehicle charging infrastructure is “absolutely vital” to ensuring the UK is ready for the surge in EV ownership, a group of MPs has been told.
The government’s head of smart energy has admitted that Brexit is causing delays in the passage of primary legislation to define energy storage, which may not be achieved until 2022.
Consumers will have to foot a bill of around £1.5 billion over a 15 year period as a result of government changes to the Contracts for Difference mechanism which resulted in higher strike prices in the September 2017 auction.
Electron has promoted Paul Massara to the position of chief executive as the blockchain tech company prepares to grow in both the UK and internationally with new investment.
National Grid would actively support bringing forward the UK’s ban on the sales of new petrol and diesel vehicles from 2040 by a decade, with a senior representative telling MPs it would offer "a more ambitious target".
There is no guarantee that the Green Investment Bank (GIB) will ever live up to its original ambitions after a privatisation process that undersold it for the British taxpayer and the bank’s green intentions.
