This week has seen some major policy revelations ahead of the autumn budget announcement on 30 October, as well as novel EV technologies revealed and wind development milestones for EDF.
Octopus Energy, the UK’s largest electricity supplier, has completed a payment of over £3 billion to the government to acquire failed energy supplier Bulb.
Spanish utility Iberdrola has announced the closure of its acquisition of 88% of Electricity North West (ENW), making the UK its primary market in terms of network asset base value.
Energy ministers from the Scottish, Welsh and UK governments have asked the newly formed National Energy System Operator (NESO) to provide a blueprint for Great Britain’s energy infrastructure out to 2050.
The UK national energy system operator (NESO) has published its response to an open letter from the Battery Storage Coalition, detailing how it intends to make a “meaningful impact” on skip rates.
The Department for Energy Security and Net Zero (DESNZ) has released its response to a major consultation on the future of the Contracts for Difference (CfD) scheme.
A new report examining how the UK financial sector can best support the UK’s future green ambitions has been launched by the Minister for Industry Sarah Jones.