On behalf of its 80 members, the Electricity Storage Network (ESN) has penned an open letter to National Grid ESO expressing concerns over the Balancing Mechanism (BM) highlighting an average skip rate of 80% for batteries.
The Energy Industries Council (EIC) has released a damning new report revealing that oil and gas projects are “more valuable and more likely to proceed with full funding than renewables".
With the launch of Great British Nuclear last week (18 July), one of the biggest questions surrounding the technology remains just how the UK will use nuclear to support the energy transition.
This week’s issue of Current± Price Watch – powered by Enact – looks at the launch of Great British Nuclear (GBN), how grid upgrades can boost renewable capacity and a record breaking week for imbalance market prices.
The UK Government has outlined plans today (24 July) to provide households with better access to energy deals and boost competition in the energy market.
Bristol-based smart energy company Cepro has announced that it has exceeded its £600,000 fund raise target to help drive a smart domestic energy transition.