UK Power Networks has released new data to give customers who want to connect to the network better understanding of whether and when there will be capacity available. The data, which will be available on UKPN’s Open Data Portal, concerns…
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Government offers higher prices for upcoming green energy allocation round
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The government has increased the maximum price offshore wind projects can achieve in bidding for Contracts for Difference (CfDs) and will apply it in next years allocation round (AR6). It has also raised maximum prices for other technologies in the…
Public Accounts Committee calls on government to take a long-term approach to help the private sector provide Net Zero solutions
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The government’s short-term approach could jeopardise the UK’s legally-mandated pledge to achieve net zero carbon emissions by 2050 and put at risk the large amounts of private investment needed to reach the target, the Public Accounts Committee (PAC) has warned.…
Growing uncertainty raises risk for gas network investors
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Gas distribution networks are becoming less attractive investments because of uncertainty over their long term future and because they are ‘marked down’ on ESG scores, it was clear from discussion at rating agency Moody’s annual meeting on European energy utilities.…
UK drops from first to seventh ‘most attractive’ destination for offshore wind investment
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The lack of bidders for offshore wind projects in the UK’s fifth allocation round (AR5), in 2023, was a “huge setback” in the UK’s goal of reaching 50GW of offshore capacity by 2030 and has lost it the no1 position…
£3.12 million funding will upgrade 54 heat networks
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A total of £3.12 million will be provided to 54 heat networks in the latest funding round of the Heat Network Efficiency Scheme (HNES). The Department for Energy Security and Net Zero funding helps heat network owners and operators in…
Queue management changes will clear ‘zombie’ projects from transmission connections queue
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New rules to speed up electricity grid connections and force stalled or speculative developers out of the queue have been announced. The change will sweep away GB’s strict ‘first-come, first-served’ system, which allows ‘zombie’ projects that are delayed or unlikely…
Six suppliers make redress totalling £10.8M after falling short on smart meter installation
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British Gas, Ovo, Bulb, E.ON, Scottish Power and SSE are to pay a total of £10.8 million to Ofgem’s Energy Industry Voluntary Redress Fund after in a shortfall to install a total of 1,026,628 smart meters by the end of…
ACT NOW: Transport for London is seeking users for its waste heat, wants feedback by 11 December
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Transport for London (TfL) is looking for offtakers who can use its waste heat and is asking for feedback by 11 December to help it understand the opportunity. TfL’s Waste Heat programme aims to help London reach its 2050 zero-carbon…
Octopus Energy and Bellway join forces on ‘Zero Bills Homes’
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Octopus Energy and Bellway Homes have announced a partnership to deliver ‘zero bills homes’ that allow customers to move into homes guaranteed to have no energy bills for at least five years, guaranteed. The homes come with an air-source heat…