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Elexon’s future ownership reviewed by Ofgem & GOV

Elexon’s future ownership reviewed by Ofgem & GOV The Department for Business, Energy and Industrial Strategy & Ofgem have launched a consultation on the future ownership of Elexon, the balancing and settlement agent for Britain’s electricity market. While Elexon’s shares are owned entirely by National Grid Energy System Operator, it is operationally and financially independent…
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Link between energy prices are temporary

Link between energy prices are temporary Linking electricity and gas costs can’t be the case forever. That’s the approach from the Business Secretary who discussed earlier during a session of the Business, Energy and Industrial Strategy Committee about the government’s plans to provide further support for customers struggling to pay their energy bills. “One of…
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‘Silicon Valley of energy’ plan by Octopus Energy

‘Silicon Valley of energy’ plan by Octopus Energy: Plans to build a new technology, data science and AI centre in Manchester have been unveiled by Octopus Energy and also to double its existing workforce by the end of 2021. The plan is said to underpin its ambition to establish the UK’s ‘Silicon Valley of energy’…
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