Energy storage

Industry calls for VAT on green products to be axed

Bulb chief executive Hayden Wood and REA boss Nina Skorupska are among 32 industry figures who have written to Boris Johnson urging him to scrap VAT on green products. While the letter states the sector was “encouraged” with the chancellor pledging investment in green infrastructure projects in the recent budget, it said there was disappointment at the “lack of policies to help people play a part in reaching net zero”.

New energy models could unlock extra £21bn a year by 2050

A new report exploring what net zero could mean for the energy sector has identified five core business models to harness £21 billion it believes is set to be unlocked annually by 2050. The Utility 2050 project, a partnership of energy professionals, financiers and academics, concludes there needs to be a “deeper rethink” of the business models that make up the energy market and the regulation which supports them.

Consumer markets are unprepared for net zero

REA calls for new support mechanism for long-duration energy storage

Major utilities backer warns Ofgem ‘investments must be profitable’

Microsoft and Accenture in drive to speed up net zero transition

Using innovation and strategy to increase drone inspection efficiency

Harnessing innovation to accelerate the transition to net zero

Battery reserve trial sees substantial cost savings

SMS begins building 270MW battery fleet

Battery storage pipeline soars to more than 16GW

Tech Talk: Preparing for the grid of tomorrow

On the Move: Macfarlane departs Thames

A senior manager steps down at Thames, Mott MacDonald bolsters its water and environment team and Black & Veatch eyes international growth. Utility Week presents the latest people moves across the sector.

Dieter Helm knighted

The author of the Cost of Energy Review was one of several names connected with the utilities sector to feature in the Queen's New Year Honours list.

REA calls for VAT cut for household energy storage