The government has announced support measures to help ease the effect of a huge 54% increase in energy bills, after Ofgem raised the price cap by £693 to £1,971 from April. Prepayment customers will see their cap rise from£1,309 to…

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Energy suppliers think that within five years they will be offering their customers product and service packages that include mobility, flexibility services and funding for site-based products such as rooftop PV and batteries. And suppliers will be more likely to…

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Alpha Real Capital has highlighted its growing investment in renewables with £250 million in new investment in 2021, plans for a new fund in 2022 and new hires. The manager of ‘secure income’ assets said nine transactions last year brought…

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Earnings from Orsted’s wind and solar assets in operation fell DKK 2.0 billion (£220 million) last year, to DKK 15.0 billion (£1.68 billion), the company said in its annual report. The wind portfolio benefitted from the 400 MW of new…

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Jacobs will report the results in March of a four-month feasibility study into producing and using green hydrogen at RWE’s Pembroke power station in South Wales. The study will consider installation of a 100MW electrolyser, initially using power from local…

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The Welsh Affairs Committee at Westimster has launched an inquiry into grid capacity issues and their effect on Wales and its ability to meet Net Zero targets. In a previous report the Committee argued that Wales could be a leader…

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Triple Point Energy Efficiency Infrastructure Company plans to expanded its investment in distributed energy with to battery storage and it is progressing an exclusive near-term pipeline of £108 million of grid-scale assets. The investment company says “demand for grid balancing…

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Oil and Gas UK has announced it is changing its name to Offshore Energies UK and expanding to include low-carbon offshore energy technologies. That includes offshore wind, hydrogen production, carbon capture and storage systems, and other emerging low-carbon technologies. The…

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Bluefield Solar has acquired development rights for a battery storage project in Liverpool. The £1.5 million acquisition from Shaw-Energi Ltd includes development rights, grid connection costs and the leasehold of land of a ready to build 20MW battery. Construction is…

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Energy flexibility is as valuable for end users as a risk management strategy as it is for revenue generation, according to a new report from Lloyds Bank that follows up last year’s Flexibility in Great Britain report produced by the…

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