Drax: Renewable power operator agrees to pay £25m as Ofgem shuts probe August 29, 2024 Power station operator Drax has agreed to pay £25m after an investigation by energy watchdog Ofgem found it failed to report data adequately. Drax, which receives hefty Government subsidies from burning biomass wood chips, lacked the necessary data governance and controls in place, according to Ofgem. This meant it did not give the regulator accurate [...]
UK’s largest electricity transmission project gets green light from Ofgem August 13, 2024 The £3.4bn Eastern Green Link Two, described as a subsea "superhighway," will run for 436km between Yorkshire and North-East Scotland.
Elon Musk hires operations chief for Tesla’s household energy supplier August 4, 2024 Tesla has hired a new head of operations to help lead the launch of its household energy supplier as Elon Musk presses ahead with his vision for houses to have a "virtual power plant" of batteries.
Ofgem takes steps to improve flexibility of UK’s energy market in clean power push July 29, 2024 Ofgem has pushed ahead with plans to increase the flexibility of the UK's energy market as it becomes more reliant on intermittent sources of energy, like wind and solar.
Ceres: Green hydrogen specialist raises forecast after inking bumper supply deal July 22, 2024 Green hydrogen and fuel cell specialist Ceres Power has raised its revenue guidance for the year after signing a bumper manufacturing contract with an Asian original equipment manufacturer.
The Notebook: Nuclear power continues to divide, but we need to think about the future July 22, 2024 Kokou Agbo Bloua, Societe Generale’s global head of economics, takes the pen to talk nuclear, climate volatility and the economic outlook.
SSE: Windy conditions boost company’s renewable energy output July 18, 2024 Energy giant SSE has committed some £20bn to a multi-year investment plan covering a string of UK major projects.
Square Mile and Me: So Energy’s Simon Oscroft on disrupting the energy industry July 18, 2024 Simon Oscroft, CEO and co-founder at So Energy, takes us through his career, from serving Ray Wilkins to shaking up the energy sector.
Will it work? GB Energy June 20, 2024 Labour has pledged £8.3bn for a new energy investment vehicle, GB Energy. But will it work? Sam Fowles investigates.
Will it work? Funding community energy projects May 24, 2024 The SNP has a soft spot for community energy projects, and Labour has flirted with them in the past too. But could they work?