Rising Energy Costs Shoot-up Inflation in UK

The UK inflation rose to 11.1% in October due to energy costs. Britain’s inflation reached its…

UK Energy Suppliers Incentivize Customers to Use Power

Ofgem gave the green light to National Grid ESO’s Demand Flexibility Service. A vast majority of…

Octopus Energy Group Acquires $550m Investment

• Octopus Energy secures new investment to improve its energy technology platform. • It plans to…

UK Begins Electricity Market Review

The UK government is set to review Britain’s electricity market design The government suggests several measures…

Africa to Receive $290m for Hydropower Development in New UK Investments

The UK announces new capital investment in the hydropower sector in Africa. The United Kingdom government…

ADB, Others Finance Power Project in New Guinea

The country plans to construct and upgrade transmission lines and substations. The Asian Development Bank (ADB),…

Two Firms Get Approval for Battery Storage Facility in the UK

Welbar energy plans to develop a 350MW battery storage capacity in the United Kingdom. The facility…

UK to Develop 8 Nuclear Reactors as Part of New Energy Scheme

The United Kingdom has developed a new energy strategy to include the development of nuclear reactors.…

UK, Ireland Commence Electricity Grid Interconnector Project

GIL commences construction of the 500MW electricity interconnector between Ireland and Great Britain.  A 500MW 190km…

Norway, UK to Provide $39m to Deploy Renewable Energy Projects in South Africa

South Africa to receive funding for renewable energy development. Investments will see the deployment of 2400MW…