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Gresham House inks deal to optimise 74MW of storage capacity
UK-based grid battery owner Gresham House has agreed to a multi-year deal with Habitat Energy to optimise 74MW of energy storage capacity, which will see machine learning applied to maximise the value of the assets and extend their lifespan.
Industrial Decarbonisation Champion to steer £20m innovation centre for net-zero transition
Professor Mercedes Maroto-Valer has been appointed as an "Industrial Decarbonisation Champion" to oversee the development of a £20m research and innovation centre at Edinburgh's Heriot-Watt University that will drive the delivery of the UK's net-zero emissions target.
Green groups slam Government proposals to cut air passenger duty amid FlyBe rescue plans
Green groups have criticised Ministers for considering measures to cut air passenger duty on domestic return flights, accusing the government of placing short-term plans to rescue FlyBe from collapse over its long-term climate targets.
EU unveils €100bn fund for 'just' low-carbon transition - which excludes nuclear
The EU's regional policy Commissioner Elisa Ferreira revealed on Tuesday (14 January) details of the €100 billion Just Transition Mechanism, a key financial component of the European Green Deal that should make the bloc climate neutral by 2050.
Urgent boost to offshore wind and CCS required for UK's net-zero target, report finds
The UK will need to facilitate a four-fold increase in low-carbon energy, including expanding offshore wind capacity by up to 75GW, in order to reach its net-zero emissions commitment for 2050.
BlackRock's Larry Fink to CEOs: 'Purpose is the engine of long-term profitability'
BlackRock's chief executive Larry Fink has warned businesses that a "fundamental reshaping of finance" is happening at pace and that businesses need to put climate action at the heart of decision-making processes in order to remain profitable.
Government urged to target one million heat pumps a year by 2035
The UK must invest in ground source heat pump infrastructure in the 2020s, just as previous generations ploughed money into the gas and water grid, in order to help kickstart the fledgling sector.
Electric buses to operate in Glasgow for first time in 60 years
Electric buses will run on a commercial route in Glasgow for the first time since the 1960s, after bus operator First Glasgow introduced two new vehicles to assist with the city's net-zero aspirations.
Decade of ascendency: New hydrogen fuel cell capacity surpassed 1GW in 2019
More than 1GW of global hydrogen fuel capacity was added in 2019, marking the first time the sector has surpassed the gigawatt milestone, with experts claiming that this could be a decade of "ascendency" for the technology.
Viridor and phs agree deal to generate power from nappies and sanitary products
Waste management company Viridor has inked a new multi-million-pound contract with washroom services firm phs Group, that will divert non-recyclable hygiene waste such as nappies and sanitary products from landfill to be used for power generation.
UK SMEs aiming to ramp up sustainability actions
Almost two-thirds of UK small and medium-sized businesses (SMEs) have signalled their intentions to improve environmental sustainability practices due to heightened consumer awareness and new legislation, according to a new survey.
Sustainability 2.0: Welcome to a decade of deliverance
The 2010s laid bare the severe climate issues facing the world and the shrinking timeframes to fix them. Combatting climate change is a daunting task, but corporate ambitions and societal expectations have created a platform to ignite a decade of deliverance towards a decarbonised, closed-loop planet.
20 New Year's resolutions for sustainability professionals in 2020 and beyond
A new decade is upon us, and as the window to reverse and alleviate the climate crisis shortens, new long-term targets can provide sustainability professionals with the motivation and drive to transform their organisations into forces of good.
A decade in review: Vote for the defining sustainability moment of the 2010s
As the 2010s draw to a close, edie has analysed the key moments and announcements that push sustainability and climate action from a niche activity to a global necessity. Cast your vote to decide which of the seven moments was most profound.
Net-zero cities: Nottingham's mission to be carbon-neutral by 2028
edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time with a look at how Nottingham plans to become the UK's first carbon-neutral city by 2028.
edie's guides to net-zero carbon continues with construction sector
The fourth report in the series of edie guides on net-zero carbon has launched with a focus on the construction sector.
COP25: Drax to become carbon negative by 2030
UK energy company Drax will announce ambitions to become carbon negative by 2030 at the UN's COP25 climate summit in Madrid today (Tuesday, December 10).
OVO Energy and Mitsubishi forge net-zero transport partnership
OVO Energy and Mitsubishi Motors have announced a new UK partnership to help accelerate the decarbonisation of the transport sector in order to assist with the legally enshrined net-zero target for 2050.
Businesses with science-based targets on course to slash emissions by one-third
Businesses that have committed to aligning their emissions reduction strategies with the aims of the Paris Agreement will spur more than $18bn in climate-mitigation investment and up to 90TWh of annual renewable electricity generation.
Business Energy Barometer: November-December 2019
edie's third Business Barometer for 2019 sets out the key challenges and opportunities for energy leaders and managers going into 2020 and the next decade of climate action.
Red Bull fits air filtration technology in new company cars
International energy drinks company Red Bull has installed air filtration devices into a fleet of new cars operating in central London to protect drivers from pollution, after new research found that in-car air quality in the region can be up to four times higher recommended safety limits.
UK urged to commit £20bn as 'fair share' of climate adaptation investment
UK thinktank IPPR has called for the UK to provide £20bn to a UN climate fund to account for the nation's "fair share" of ecological degradation and climate change speed-up.
Hydrogen: a critical piece of the net-zero jigsaw?
Earlier this year the UK Government committed to reach net zero carbon emissions by 2050 through the amended 2008 Climate Change Act (CCA). Professor Joe Howe, chair of the North West Hydrogen Alliance (NWHA) and executive director of the Thornton Energy Institute, looks at how hydrogen is a vital part of the solution.
General Election 2019 manifesto matrix: What have the parties said on net-zero and the environment?
Two weeks out from the General Election and on the day of the live televised climate debate between party leaders, edie has launched a policy manifesto matrix, outlining all the key commitments - and some notable omissions - that the Conservatives, Labour, Green Party and Liberal Democrats have issued.
Business giants called for raised EU climate targets
Business giants including Unilever, Interface, and Coca-Cola European Partners have signed a joint statement calling for the European Union to raise emission reduction targets for 2030, in order to remain on course for carbon-neutrality by 2050.
Net-zero by 2025 'practically impossible' due to spiralling costs, report finds
Moving the UK's net-zero emission target forward 25 years is "practically impossible", according to new thinktank research which found that setting a net-zero target for 2025 would cost £200bn each year at a minimum - more than the NHS's annual budget.
Net-zero cities: Bristol's mission to be carbon-neutral by 2030
Launched as part of edie's Net-Zero November campaign, this new mini-series explores how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions. We begin with a look at Bristol City Council's commitment to be carbon-neutral by 2030 - 20 years ahead of the Government's 2050 deadline.
Roadshows, pledges and innovations: edie's Net-Zero November enters final week
edie's month of net-zero content moves into its final week, meaning businesses have more time to upload new pledges and gain insight and inspiration from the themed content being published this week.
General Election: Can UK policy deliver a climate emergency response?
As the Liberal Democrats and the Green Party launch election manifestos pledging to respond to the climate emergency by 2030, leading UK green group the Aldersgate Group has called for existing policy frameworks to be revamped to help reach the net-zero target for 2050.
WBCSD launches mentorship programme to develop women leaders in sustainability
The World Business Council for Sustainable Development (WBCSD) has launched a new programme to help women reach senior positions in companies and lead on embedding sustainability across entire corporate strategies.
ENA calls for mandatory hydrogen boilers as CBI outlines new sustainability vision
Replacing existing gas boilers with hydrogen-ready devices should be mandatory when they reach the end of their life, the Energy Networks Association (ENA) has urged in its general election manifesto.
Report: annual 10% decarbonisation rate needed to meet UK's net-zero target
The UK will have to deliver annual carbon intensity reductions of 10% to meet its net-zero legislation for 2050, up from less than 4% currently, according to a new study from professional services firm PwC.
National Grid commits to net-zero emissions target for 2050
The National Grid has announced a commitment to reduce its direct greenhouse gas emissions to net-zero by 2050, the same timeframe as the UK Government's legislative target.
From plastics to rewilding: How Eurostar is gaining a competitive edge in the era of eco-travel
EXCLUSIVE: With flight shaming placing the profitability of the aviation sector at risk, international high-speed rail service Eurostar believes a legacy of action on carbon, plastics and now rewilding will help build customer trust.
Policy gaps stifling profitability of digital revolution for clean transport
A new report from think tank The Green Alliance has warned that policy gaps and the uncertainty of Brexit is halting investment from manufacturers into the "new competitiveness frontier" of smart technology for electric vehicles (EVs), which risks pushing the UK's net-zero emissions goal out of reach.
Superficial progress: Global banks failing to deliver time-bound climate strategies
A new report has accused the banking sector of superficial progress when it comes to climate commitments, noting that uptake in low-carbon services, green bonds and reporting standards isn't being matched by demands to decarbonise portfolios.
HGVs to be fuelled by 'carbon-negative' manure from 2021
Renewable fuel provider CNG Fuels has announced plans to become the UK's first supplier of carbon-neutral fuel for heavy goods vehicles (HGVs), offering a range of hydrogen, battery-electric technologies and low-carbon biogas from manure.
Landsec aiming to become net-zero business by 2030, sets 1.5C science-based target
Commercial real estate firm Landsec has launched an updated sustainability strategy for its carbon emissions, aiming to become a net-zero business by 2030 and reduce its absolute carbon emissions by 70% as part of a 1.5C science-based target.
It’s time for the next big step towards net-zero
A definitive line has been drawn in the sand this year; we have, as a nation, committed to reaching net-zero carbon emissions by 2050, E.ON UK's chief executive Michael Lewis explains.
REA's Nina Skorupska: Business holds 'untapped potential' to achieve net-zero
EXCLUSIVE: REA's chief executive Nina Skorupska has claimed at an edie event that declarations of a 'climate emergency' must be backed up by robust net-zero emissions and clean energy strategies from business, to avoid the term becoming "greenwash or rhetoric".
Beyond Carbon: The $500m plan to create a low-carbon US, with or without Trump
EXCLUSIVE: President Donald Trump may have officially kickstarted the process to withdraw the US from the Paris Agreement, but there is a movement of cities, states and businesses that is driving the nation towards 100% clean energy, with or without support from the federal government.
![Sajid Javid's Review will be published in autumn 2020. Photo: Foreign and Commonwealth Office [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]](https://e2k9ube.cloudimg.io/s/width/226/https://edienet.s3.amazonaws.com/news/images/full_39335.jpg?v2=02/11/2019 00:03:00)
Treasury launches Net-Zero Review to measure costs of decarbonisation
The Chancellor of the Exchequer Sajid Javid has today (2 November) launched the Net-Zero Review, the first of its kind, which will assess how the UK can manage the transition to a low-carbon economy.
Scary sustainability stories to tell in the dark (or at the end of the world)
Forget remakes of The Grudge, the only horror stories you need this Halloween are right outside your window. If the world is dying, we're all playing the role of murderer, but its not too late to create an army of saviours.
Why cities are the engine room of the circular economy
Our economy is currently based on a 'take, make, use and dispose' model, but it's no longer working for businesses, people or the environment. In the light of the numbers of local authorities declaring a climate emergency, time is running out for us to act decisively to create a low carbon circular economy.
UK Government launches business fund to deliver net-zero industrial clusters
The UK Government has opened two innovation funds aimed at helping businesses plan and deploy technology to help reach net-zero emissions by 2050.
Meet edie's 30 Under 30 Class of 2019: Rhea Horlock, NHS Property Services
This series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Next up: Rhea Horlock, CSR manager at NHS Property services.
Labour details plan to deliver net-zero energy sector by 2030
Labour has launched a future energy plan outlining how a net benefit of £800bn could be realised in the UK, by fast-tracking the nation's energy sector to net-zero emissions by 2030.
BP chief: Alternative to 'polluter pays' carbon tax can help meet net-zero
BP's chief executive Bob Dudley and group chief economist Spencer Dale believe that regional carbon prices that don't just tax the producers will enable the oil and gas giant to join the global transition to net-zero emissions, but neither were convinced of when that would happen.
Morrisons launches first round of rapid EV chargers
Morrisons has installed 50 rapid electric vehicle (EV) chargers across its supermarket customer car parks this week.
Government consults on green license plates for electric vehicles
The UK Government has launched a consultation on introducing green license plates for electric vehicles (EVs) to make them easily recognisable and gain access to benefits such as cheaper parking and access to bus lanes.
Mayors Khan and Street call for Green New Deal to empower regions on climate action
London Mayor Sadiq Khan and Conservative Mayor of the West Midlands, Andy Street, have called on the UK Government to introduce a Green New Deal that devolves power to enable regions to create a fair and just transition to a net-zero economy.
UK airline industry calls on Government to spur sector to net-zero
The industry body for UK airlines believes that a renewed partnership with the Government can help the sector achieve net-zero emissions by 2050, as long as investment opportunities into green technologies are created.
Bentley achieves carbon-neutral certification at solar-powered Crewe plant
Bentley Motors' corporate headquarters and main manufacturing facility in Crewe has achieved carbon-neutral certification, with a solar-powered carport, green energy contracts and carbon offsets used to decarbonise the plant.
Northern Powergrid trials EV energy storage technology
Northern Powergrid has announced it will run an energy storage trial involving electric vans in order to restore power to customers during a power cut.
Bloomberg and mayors call for Global Green New Deal to 'marry economy and ecology'
The Mayors of cities including Los Angeles, Copenhagen and Paris have issued a rallying call for the adoption of a Global Green New Deal that recognises the threat of the climate emergency and strives to transition to a low-carbon future through a fair and just transition.
Shell commits £10m to offset emissions from customer fuel purchases in UK
Shell will spend £10m over the next year to offset the emissions from customers' fuel purchases at more than 1,000 service stations in the UK, following a successful trial in the Netherlands.
How closed-loop supply chains are spurring Apple's decarbonisation efforts
EXCLUSIVE: Apple's vice president of environment, policy and social initiatives Lisa Jackson believes that companies should look at the synergies between the circular economy and decarbonisation in order to create resilient supply chains.
Royal Shakespeare Company to end BP sponsorship deal
The Royal Shakespeare Company is to end its sponsorship deal with BP amid growing opposition to fossil fuel companies' sponsorship of many of the UK's leading cultural institutions.
‘A significant improvement’: Government unveils Future Homes vision
Triple glazing, buildings fabrics that limit heat loss, low-carbon heating systems and onsite generation assets will likely be mandatory requirements for new homes, after the Government unveiled its vision for a Future Homes Standard (FHS).
Total signs cleantech deal to produce hydrogen at refineries
French energy giant Total has signed a cooperation agreement with the Sunfire cleantech company to integrate capture waste heat and CO2 at a German refinery to create synthetic methanol and hydrogen to be used to reduce energy and transport emissions.
Investor pressure slowly pushing firms to set net-zero targets
An investor group overseeing more than $35trn in assets has seen positive responses from corporates on calls to cut net emissions to zero by 2050, despite the group's first progress report finding that just 9% of the companies it has focused on have set targets aligned with a 2C warming.
Mission Possible: Achieving a net-zero carbon future for manufacturing
As the movement towards net-zero carbon takes hold across the commercial sector, this fresh insight report looks at how manufacturing companies are driving forward their own goals.
edie's guides to net-zero carbon continues with manufacturing sector
The second report in the series of edie guides on net-zero carbon has launched with a focus on the manufacturing sector.
Nottingham Trent University extends JUMP behaviour change initiative to 30,000 students
Nottingham Trent University (NTU) has expanded the JUMP behaviour scheme initiative for staff to its 30,000 students for the upcoming academic year, after more than 23,000 sustainable actions were recorded by staff during a pilot last year.
Now on demand: edie's masterclass on Streamlined Energy & Carbon Reporting for business
edie's 45-minutes masterclass, now on demand, saw experts from Inspired Energy outline how businesses can get to grips with the Streamlined Energy and Carbon Reporting (SECR) framework.
Conservatives focus on nuclear and EVs in net-zero vision for 2050
The Conservative Party has unveiled its manifesto for a net-zero carbon economy, which includes commitments to plant more than one million trees and sets aside £1bn for electric vehicle (EV) manufacturing, but fails to match Labour's ambition in pushing the 2050 timeframe forward.
edie explores what net-zero carbon looks like for UK utilities in new sector insight report series
Following the UK's world-leading commitment to reach net-zero emissions by 2050, edie has launched a brand-new series of insight reports which investigate how particular industries can achieve rapid decarbonisation, starting with the utilities sector.
Multiplex Europe raises carbon ambitions with 1.5C science-based target
Multiplex Europe, the construction firm behind huge London developments including 100 Bishopsgate, has announced that it has increased its science-based target to account for the 1.5C ambition of the Paris Agreement.
Boris Johnson unveils £1bn climate aid fund and forest restoration push
UK Prime Minister Boris Johnson has announced a £1bn fund to aid developing nations in transitioning to a low-carbon economy and tackling climate change, alongside a fresh new push to halt deforestation.
Embodied carbon: WorldGBC embarks on 'radical' new approach towards net-zero
EXCLUSIVE: The World Green Building Council (WorldGBC) has issued a new report outlining how companies in the sector can focus on both operational and embodied carbon to reach net-zero emission buildings by 2050, warning the companies ignoring this new approach could be "outpaced by the innovators".
Banks representing one-third of global market to align with Paris climate targets
A coalition of 130 banks, representing one-third of the worldwide banking sector, have committed to aligning their actions with the aims of the Paris Agreement.
Global decarbonisation efforts 'stall', pushing climate goals out of reach
Global decarbonisation efforts will need to be seven times greater than current efforts, if the world is to stand a fair chance of limiting global warming to 1.5C, according to a new PwC report which found that the rate of global decarbonisation has slowed to its lowest level since 2011.
New initiative to help business minimise climate impacts of cooling
The Climate Group has launched a new initiative aimed at helping businesses to improve the energy efficiency of their cooling processes and to decarbonise their cooling systems.
Green GB Week delayed due to Brexit
Green GB and NI Week is due to be delayed until next year as a result of the current situation regarding the UK's exit from the European Union.
Oil and gas companies risking £1.8trn in stranded assets during low-carbon transition, report warns
Oil and gas companies have spent £40.5bn ($50bn) on investment projects that undermine the Paris Agreement, with a new report from think tank Carbon Tracker warning that major companies risk wasting £1.8trn ($2.2trn) on stranded assets by 2030.
Meet the Sustainability Leader: Landsec, The Built Environment
With entries now open for edie's Sustainability Leaders Awards 2020, this new feature series showcases the achievements of the 2019 winners and reveals their secrets to success. Up next: The winner of our Mission Possible: The Built Environment award, Landsec.
Coal generation becoming a 'distant memory' as share of energy mix falls to 0.7%
The amount of energy generated from coal sources in the UK has fallen to a record-low output of 0.7% - a 63% decline on the same period the year prior - with low-carbon making up more than half of the UK's energy mix.
Government sets aside funds to explore low-carbon hydrogen
The government has awarded 20 projects a share of £7 million to explore innovative ways of making and using low-carbon hydrogen.
Meet edie's 30 Under 30 class of 2019: Olivia Murphy, Whitbread
This new series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Next up: Olivia Murphy, sustainability manager at hospitality giant Whitbread.
From flying taxis to freight drones: Government funnels £300m into future of aviation
Prime Minister Boris Johnson has unveiled a new £300m investment to develop low-carbon transport, with technologies such as flying urban taxis, electric planes and freight drones expected to be supported.
Amazon rainforest fires: We must rise above the egos and insults threatening climate change policy
As the 'lungs of the Earth' continue to burn, discussions at international summits have devolved into a circus of egos and insults that suggest that future collaborative efforts to combat climate change will revolve around petty but powerful people who can't see the wood for the burning rainforest.
Civic and business leaders publish 12-point plan for Scotland to address climate emergency
A group of civic and business leaders, including representatives from Scottish Land & Estates, Changeworks and Scottish Renewables, has called on the Scottish Government to champion healthy diets, fix land use and target low-carbon vehicles and buildings to address the climate emergency.
Willmott Dixon to use non-recyclable plastic in new roads at Bristol housing development
A new housing development in Bristol will feature roads made with the equivalent of 150,000 plastic bags of non-recyclable plastic waste originating from the construction phase of the scheme.
Underground line to heat up London homes during winter
The sweltering temperatures on the tube's Northern line will soon begin keeping homes in Islington, north London, cosy through the colder months, under a scheme to harness the heat from the underground.
Planning application submitted for Europe's first low-carbon jet fuel plant in North East Lincolnshire
A planning application has been submitted for Europe's first commercial-scale plant to transform waste into a low-carbon jet fuel, with a site chosen in North East Lincolnshire.
The 10 clean growth policy 'shortfalls' and how to address them, according to MPs
The Science and Technology Committee has published a new report warning that the UK isn't remotely close to reaching upcoming carbon budgets up to 2032, outlining 10 key policy areas that need to be addressed if the UK is to deliver on its net-zero ambitions.
UK supermarkets accused of over-producing low-quality meat
Anti-hunger charity Feedback is calling for big-name UK supermarkets such as Iceland, Lidl and Asda to offer "less and better" meat, in order to minimise their climate impacts.
Sustainability Leaders Awards 2020: Meet the judges
With the 2020 Sustainability Leaders Awards now open for entries, edie takes a closer look at the esteemed panel of judges who will be presiding over this year's entries.
The Barker Plan: How a former UK Energy Minister used sustainability to transform a sanctioned Russian aluminium firm
EXCLUSIVE: Over the course of a year, Russian aluminium and hydropower firm EN+ Group has gone from being banned on the US market to launching a new sweeping sustainability strategy and having those sanctions lifted. Here, edie speaks to former UK Energy Minister Greg Barker, who has been the surprise driving force behind this transformation.
Meet edie's 30 Under 30 Class of 2019: Olivia Green, Wessex Water
This new series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Next up: Olivia Green, sustainability coordinator at Wessex Water.
From climate change to urbanisation: BlackRock's five megatrends that will disrupt society
A new report from BlackRock has found that climate change, resource scarcity and growing consumerism will create disruptive structural shifts across industries as a "confluence of global megatrends" begin to clash.
Climate change to shock steel sector profitability, report warns
The global steel sector is facing a vicious cocktail of climate impacts that could see water scarcity, global warming and an increased carbon price place more than 10% of the sector's economic value at risk, according to a new report from CDP.
Swedish lessons: Can data management enable the UK to deliver a net-zero economy?
The UK's net-zero climate target has been widely welcomed, but is currently lacking some actual points of delivery. Fortunately, Sweden's own net-zero target can teach politicians some interesting lessons, including how big data and digitisation can mobilise action plans.
Earth Overshoot Day: Planet's yearly resource 'budget' already spent
Humanity has today (29 July) used up its annual allowance of natural resources for 2019, sparking calls for businesses and citizens to re-examine approaches to consumption and consumerism.
BEIS and Defra's new look: What we know about Leadsom and Villiers' views on the environment
And breathe. In what has been the biggest political reshuffle since the 1960s, Andrea Leadsom has been appointed Business Secretary at BEIS, while Theresa Villiers has become Defra's new Environment Secretary. So, how well do the pair match up with their respective briefs?
Food giants capturing opportunities from meat-free products to drive sustainability efforts
Food manufacturers and retailers such as Tesco, Unilever and Nestlé are "seizing the opportunity" of a thriving plant-based market to assist with the low-carbon transition, with a new report noting that the alternative protein market is expected to be valued at $100bn in the next 15 years.
Earth Overshoot Day: What is the business case for one-planet compatibility?
Monday 29 July will mark Earth Overshoot Day - the day that humanity uses up all of the planet's natural resources for the year and the earliest it has ever occurred. In response, a new whitepaper explores how business can champion energy efficiency and the circular economy to become one-planet compatible.
Coors' plastic-free packaging and solar-powered trains: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
UK Power Networks launches EV smart charging market trial
Electric vehicle (EV) owners across London and the South and East of England have been invited to take part in a trial to uncover the economic, environmental and social benefits of charging vehicles during off-peak hours.
Ofgem and BEIS call on networks to realise £40bn flexible energy opportunity
Ofgem and the Department for Business, Energy and Industrial Strategy (BEIS) have penned a joint letter to the Energy Networks Association (ENA), calling on organisations to "evolve" to a more flexible system that could create a £40bn windfall for the UK economy.
