On 23 September, Chancellor Kwasi Kwarteng unveiled the UK Government’s prospective Growth plan aiming to reduce the cost of energy bills, at an expected cost of £31 billion over its first six months.
Ofgem and the UK Government have released The Electricity Networks Strategic Framework outlining how the energy network will transform in order to support the decarbonisation of the UK.
Octopus Energy Generation has announced that it is extending its Fan Club out into West Yorkshire, with the launch of its third local wind tariff in Halifax.
All of the contracts awarded as part of the most recent round of the Contracts for Difference (CfD) auction have now been signed and returned to Low Carbon Contracts Company (LCCC).
Octopus Energy is looking to lower bills by adding capacity to around a tenth of the UK’s onshore wind turbines through a repowering programme thanks to a new partnership with turbine manufacturer EWT.
Almost 11GW of onshore wind, offshore wind, solar, tidal energy and other forms of renewable energy has secured contracts in what has been the biggest Contracts for Difference (CfD) ever.
