Four-hour battery storage now beats gas peaking on cost globally Wood Mackenzie’s latest global report on levelized cost of electricity (LCOE) shows that advancing technologies and market dynamics continue to drive divergent prices, with four-hour battery storage now less expensive...

Over 120 organisations have signed a letter to government warning high electricity costs risk driving business closures and job losses, and exacerbating cost of living challenges, unless government acts in the Autumn Budget to reduce taxes on electricity. The letter,...

Manufacturers are warning of an estimated £85bn hit to the economy from lost production if the incoming Government does not act to reduce industrial electricity prices, according to a new report published by our partners Make UK that is published...

Ofgem has announced two reviews following recent extreme heat events and whistleblower allegations raised by former Energy Secretary ClaireCoutinho. The NESO Board has commissioned an independent investigation into concerns including record-keeping and potential influence over control room decisions, with Ofgem...

New data from Ofgem has shown that energy debt has risen 15% year-on-year, hitting a record high of £4.79 billion, marking a 5% increase from the previous quarter. The number of accounts repaying debt rose by 3% for electricity and...

Nearly half of small businesses have increased their sustainability efforts over the past year, according to latest figures. Two-thirds also plan to do more on sustainability over the next 12 months, according to research by the Small Business Institute. Over a...

The UK’s smart meter system is an under-utilised tool with the potential to serve the nation in new and important ways, according to latest research from LCP Delta. Commissioned by Calisen, the report explores how smart meters could better support...

Britain has more than enough electricity supply to meet demand through the winter months, despite households facing higher bills following the Iran war, according to the energy system operator. The National Energy System Operator (Neso) nonetheless cautioned over “tight days”...

Ofgem has issued a call for input around the growing use of artificial intelligence (AI) across the energy sector. The regulator is keen to understand how organisations are assuring the safe, secure, fair and effective operation of AI tools and...

Following a consultation, the time before consumers can raise a complaint to the Ombudsman will be cut from 8 weeks to 6 weeks. Penalties could also be levied against suppliers who have failed to pay up on time under redress...