The energy watchdog said the increase will affect 15 million U.K. customers between October 2021 and March 2022. Around 11 million households on default tariffs paying by direct debit will see a GBP139 increase, to GBP1,277, compared with the summer 2021 price. Four million prepayment customers will see a GBP153 raise, to GBP1,309, it said.…
The UK is looking to bring Irish firms on board for joint bids in future renewable energy projects, including offshore wind. Britain’s trade envoy to Ireland told the Irish Independent that offshore wind was a major opportunity for investors on both sides of the Irish Sea, as both governments have made made ambitious renewable electricity targets. “It’s all about building…
The UK Government first announced plans to move the date from 2025 to 2024 in February 2020 and said, at the time, that the official change to legislation would be made ahead of COP26. At that time, the UN climate summit was still set to take place in autumn 2020. It was subsequently delayed for a year…
In December, Ofgem gave the go-ahead for 40 billion pounds ($53.4 billion) in spending on utility networks between 2021-2026 to prepare for more renewable power, including a higher-than-planned limit on grid operators’ returns. National Grid said it was pleased to see the increase in allowances and accepted the overall package for its role as electricity…
The National Grid’s £450m project will also establish a network operations centre and aim to improve maintenance across National Grid’s network. Comprising of five elements which are detailed in a government contract put out to tender, the project will focus primarily on the provision, repair, support, and maintenance of fibre connections from National Grid operational…
They said this would help the UK Infrastructure Bank, which will launch in the Spring and operate UK-wide, unlock billions more in private finance to support £40 billion of infrastructure investment that will fire up the economy and help achieve the UK’s commitments on net zero and levelling up. It will also play a key…