Announced on Tuesday 21 January, OVO Group’s intelligent energy platform, Kaluza, has become the first residential technology platform to provide a paid flexibility service to Distribution Network Operator (DNO), Western Power Distribution (WPD). Through WPD’s flexibility interface ‘Flexible Power,’ Kaluza delivered a flexibility service using a portfolio of domestic sonnen…
According to a report by the Renewable Energy Association (REA), regulatory uncertainty, lack of visibility on returns and technical challenges are hindering investment in flexibility services, risking delays in the UK’s energy transition. Published on Wednesday 13 November, The Energy Transitions Readiness Index, issued by the Association for Renewable Energy…
Scottish Power Energy Networks (SPEN) opened its “largest ever” tender in ten areas across Scotland, England and North Wales. Announced on Friday 4 September, SPEN has entered a commercial partnership with Piclo, an independent marketplace for trading flexibility online, to procure up to 95MW of flexibility. Head of DSO Graham…
A survey by PwC has revealed that UK consumers are increasingly engaging with the connected homes market. The data, released on Thursday 31 May, showed that ownership of smart devices has more than doubled in the last two years. PwC’s Digital Utilities Leader, Ronan O’Regan said: “Crucially for energy suppliers,…
On Thursday 31 May Sembcorp announced that it had reached an agreement to acquire UK Power Reserve (UKPR), the UK’s largest flexible distributed generator, for £216mn. Sembcorp said the move was part of its strategy to build an integrated energy business in the UK. UKPR owns and operates 32 flexible…
According to a Q1 2018 installation report by BEIS, the rate at which smart meters are being installed across the country has slowed. Released on Thursday 31 May, the data said a total of 1,240,500 smart meters were installed by large energy suppliers in the first three months of the…