This week we look at the latest increase to the energy price cap, a new application process for power BECCS projects and Octopus Energy and National Grid ESO's vehicle-to-grid balancing trial. Ofgem increases energy price cap level by 80% Ofgem has announced that the price cap on default tariffs will...

This week we look at Ofgem's decision to extend the Market Stabilisation Charge, the government's proposed business models for hydrogen transport and storage, Good Law Project's plans to sue Ofgem over the increase to the energy price cap, and more. Ofgem to extend the Market Stabilisation Charge and ban on...

Ofgem announces energy price cap to increase by 54% from April Ofgem has announced the new maximum rate suppliers can charge domestic customers from 1 April; customers on a default tariff paying by direct debit will see an increase of £693 from £1,277 to £1,971 per year, whilst prepayment customers...

Call for evidence on modifications to Contracts for Difference supply chain plans The government has published a call for evidence on proposed amendments to the Supply Chain Plan (SCP) process for the Contracts for Difference (CfD) scheme. The SCP assessment process is intended to encourage the effective development of low...

Nearly £7 million awarded to innovative energy storage technologies The UK government has announced £6.7 million in funding to support projects across the UK in developing new energy storage technologies. The supported projects will look to develop innovative technologies that can utilise stored energy as heat, electricity or a low-carbon...

Banks and financial institutions are talking up the case for post-pandemic recovery and "green financing" – setting aside eye-watering amounts of money for the purpose. For their part, investors are following rating agencies in studying closely the non-financial metrics of companies. The question that comes to the forefront is how...

It is estimated that the demand for hydrogen in Polish transport will total approximately 2,933.5 tons within five years. The Instytut Energetyki (Institute of Power Engineering) in its "Analysis of the potential of hydrogen technologies in Poland until 2030 with a perspective until 2040" (Analiza potencjału technologii wodorowych w Polsce...

Join Josh Taylor and Anna Fouracre in our Planning team as they discuss in Part 1 of our video series some of the recent policy changes and industry support for promoters of large-scale solar projects (over 50 megawatts), in particular around the draft Energy National Policy Statements, and explore whether...

The British Energy Security Strategy is announced The much anticipated British Energy Security Strategy has now been released by the government. The strategy has been produced in response to record high power prices and current market volatility, with the aim of bringing energy prices down and making the UK 'energy...