Octopus takes 12.5% stake in offshore wind farm

Octopus Energy’s generation arm has acquired a 12.5% stake in the Walney Extension offshore wind farm in the Irish Sea

UK Battery Strategy elicits mixed reactions

The release of the UK Battery Strategy yesterday has generated mixed responses, with the industry expressing cautious optimism while calling for more comprehensive measures to ensure success in the global battery race

UK allocates £2bn for zero emission vehicle supply chain

The government has released its highly anticipated Battery Strategy, outlining a plan to bolster domestic supply chains for electric vehicles and reduce dependence on Chinese-made batteries

‘Abu Dhabi eyes stake in Sizewell C’

The UK government is reportedly seeking Abu Dhabi investors to acquire a substantial stake in the £20 billion Sizewell C nuclear power plant

UK Energy Minister: Hydrogen will have limited role in home heating

Lord Callanan stated that while hydrogen might have a small role in local areas, it won’t be a major player in home heating due to practical challenges and efficiency concerns

Local leaders discontent with ‘pounds for pylons’ scheme

Suffolk councillors argue that the proposed energy bill relief funding for residents near planned pylons falls short of compensating for the potential industrialisation of the landscape

‘Gaps in Global Methane Pledge pose threats to success’

Two years after its initiation by the US and the EU, the effectiveness of the Global Methane Pledge faces uncertainty due to inadequate oversight, according to a report

‘Wind investments at risk amid electricity market changes’

Proposals for locational marginal pricing, a key reform suggested by the government, could lead to a prolonged hiatus in new renewable electricity generation, according to a report

Ofgem seeks views on DNOs’ engagement with large connections stakeholders

The input will contribute to assessing the effectiveness of DNOs in delivering services that meet the needs of their customers

Nissan to invest £2bn for EVs in Sunderland

Nissan plans a £2bn investment in its Sunderland plant for two new electric models and a third UK battery factory