Savings of up to £100 million could be made with the introduction of a national reactive power market according to a trial conducted by National Grid ESO and UK Power Networks (UKPN).
A strategic partnership between City of Edinburgh Council and SP Energy Networks has been formed as part of the former's new decarbonisation strategy.
Octopus Energy and Ohme are among companies to have been awarded a contract for a new virtual plant (VPP) set to largely utilise electric vehicles (EVs).
The opportunity to hit net zero by 2050 globally is “narrow but still achievable” if renewables grow to dominate the energy sector, while no additional investments into fossil fuels are made.
Integrating battery energy storage solutions alongside electric vehicle charging hubs can pose a multitude of benefits to charging operators, while also unlocking benefits for fleet owners.
UK Power Networks (UKPN) has found that over 500 electric vehicle (EV) chargers could be connected around a single electricity substation using state-of-the-art technology over building new cables or substations.
