Gas and Power prices see a challenging start to summer

A lack of harmony in market operations is to be questioned. Where is the regulator?

IKEA owner bags 49% stake in eight Russian solar farms

The total capacity of 160MW is forecast to provide enough electricity to power 17 IKEA stores in Russia

Electricity North West unveils £2bn investment plan

It is seeking feedback on plans to increase its investment by 44% between 2023 and 2028 as it aims to reduce the number and duration of power cuts by 20%

Good Energy offers free electricity to EV drivers

The ‘Zap Flash’ tariff will include ‘flash’ windows based on periods when Britain is generating an abundance of solar and wind power

UK tops European wind energy investment ranking in 2020 with €13bn

Europe injected an estimated €43 billion into new wind farms in 2020, a new report estimates

EnergyNest secures €110m for thermal energy storage

The funding will enable the scaling of the deployment of the Norwegian firm’s thermal batteries that are designed to store energy in the form of heat and help decarbonise industrial heat processes

Octopus Energy and Ebico join forces to make sustainable heating cheaper

The partnership will launch two new energy deals for credit meter and prepayment meter customers

Drax completes acquisition of Canadian biomass pellet producer

The acquisition is forecast to help the company’s annual operational capacity reach 4.9 million tonnes of sustainable biomass pellets from 2022

US awards $5m for next-gen nuclear scientists and engineers

The Department of Energy hopes they can develop innovative solutions to today’s challenges and help meet the ambitious goals of 100% clean electricity by 2035 and net zero carbon emissions by 2050

Businesses urge Boris Johnson to scrap VAT on green products

The group asks to reduce VAT rate to zero to make green technology cheaper for millions of households