COP27 continues to debate the EU’s late arriving proposal on a loss and damage fund, so we shall have to wait on that, the most important decision at this year’s summit. In the meantime the UK’s Autumn statement is with us, and with it the expected windfall tax on electricity generators. General consensus seems to … Read More
We may be near the end of the curve of falling costs for wind, maybe also solar, but as both are now competitive with the marginal cost of gas, nuclear and coal we are going to have to afind something else to argue about UK news Tesla launches UK-based virtual power plant projectTesla has opened … Read More
BEIS now predicts that the LCOE of offshore wind will be a mere £57/MWh by 2025. Incredible. Company news British Gas buys failing supplier Robin Hood Energy’s customer baseThe failing supplier, run by Nottingham City Council, has reportedly made around 230 staff redundant.The deal will see 112,000 residential customers, and 2,600 business customers across 10,000 … Read More
Company news Pivot eyeing EV partnerships after EDF deal Pivot Power has said it wants to work with the EV charging sector and deliver it scalable power infrastructure following its acquisition by EDF.Speaking to Current±, Pivot chief executive Matt Allen said that the deal had been in the works since the start of the year, with … Read More
