Weekly Debrief

For the first time in the UK, more new electric vehicles (EVs) have been sold over a 12-month period than petrol cars, according to Carbon Brief analysis. The news comes amid a battle over the future of the UK’s “zero-emissions vehicle” (ZEV) mandate, which the car industry and some unions ...

BusinessGreen's latest webinar - hosted in association with Ecologi - heard from top experts on how to develop a carbon credit portfolio that can stand up to scrutiny Once viewed by some as a 'Wild West' where credibility and transparency were in relatively short supply, the global market for carbon credits has undergone a major transformation in recent years, as standards and regulatory frameworks have worked to address concerns over the ability of projects to deliver promised emissions savings. Indeed, the value of the global voluntary carbon market (VCM) is estimated to have risen six per cent last year to surpass $1bn mark for the first time, according to carbon data specialist Sylvera, with corporate investors pouring billions of dollars into new carbon removal projects. The VCM appears to be leaving its difficult teenage years behind, and entering an exciting new phase of maturity and opportunity. But while corporate confidence in the market may have improved considerably, leading to increased demand for high integrity credits, for many businesses the VCM remains a relatively new and still complex component of their wider climate strategies. For growing numbers of businesses in 2026, therefore, the key question is: how can they to build up a credible portfolio of carbon credits that supports rather than undermines their wider decarbonisation efforts, bolsters their short and long-term resilience, and stands up to growing scrutiny from consumers, customers, and stakeholders? It was a question that stood at the heart of BusinessGreen's latest online discussion last week, hosted in partnership with Ecologi and titled Navigating the carbon credit maze: How to build a portfolio that stands up to scrutiny, which explored a raft of crucial developments, initiatives, and standards in the fast-evolving market, from increasingly influential guidance, such as the Oxford Principles and the SBTI's new Corporate Net Zero Standard, to balancing investment in carbon credits and decarbonisation efforts, and many of the risks, challenges, and opportunities in between. Sam Jackson, director of climate science and impact at Ecologi, set the scene for the discussion with a succinct of why the carbon credit market remains so important. "Fundamentally, on a functional level, what it is designed to do is to help accelerate and reduce the cost of decarbonisation globally," he explained. "For businesses, what that means is that it's a market-based vehicle for businesses to fund projects around the world which can either reduce, remove or avoid greenhouse gas emissions. That could be from tech-based means or the conservation or restoration of nature, and it really provides a vehicle to move funding from where it is to where it isn't. "It is a market like any other, which means that carbon credits have a price... But the overall aim is to try and drive funding to projects around the world that are going to help solve the climate crisis." As a climate tech platform and consultancy which works with thousands of businesses to support them on their 'climate journey' - from measuring emissions and setting science-based targets to implementing CO2 reduction efforts and investing in carbon credits - the firm is well placed to offer a broad view of the market as a whole, from supplier to buyer and beyond. Ecologi also offers guidance and support for companies looking to build a bespoke credible carbon credits portfolio, starting with a free 30-minute advisory sessions with its expert team. One of the many UK-based companies Ecologi has worked with on its carbon market strategy is Bytes Technology Group, a FTSE 250 firm with over 1,300 employees, which works with major tech firms such as Microsoft and Adobe to provide software and hardware to a range of clients. As Lisa Prickett, group sustainability manager at Bytes Technology Group, explained, the company first embarked on its carbon credit journey shortly after its public listing in 2020 and it has therefore seen first-hand how the market has evolved in recent years. For Bytes Technology Group, the initial interest in purchasing carbon credits came from querying "how do we do more than just reduce emissions?" but it has since expanded from there, according to Prickett. "Obviously reducing emissions is our focus, but I think it is key to add that extra bit where we are removing carbon or avoiding it, so we're investing in projects that are nature-based or community-based," she explained. "I think it's evolved over time for us. We initially went down the 'carbon neutral' route, but obviously that's changed, and actually as we've expanded our emissions reporting, that's no longer relevant. Now it's more about aligning it with our carbon strategy and our planet strategy as well - so they do have buy-in for that, thankfully." Science Based Targets initiative's new Corporate Net Zero Standard Bytes Technology Group is aiming to achieve net zero by 2040, backed by interim targets to reduce its Scope 1 emissions by 60 per cent by 2030/31 and halve its Scope 3 emissions by the same date, both compared to a 2022/23 baseline. It is also aiming to cut its Scope 2 emissions by 100 per cent by 2028/29. All these goals have been validated by the Science Based Targets initiative (SBTi) - which is widely seen as the 'gold standard' for corporate climate goals, and is expected play a key role in how corporates approach the carbon credit market going forward. That is in part because the SBTi's revamped and updated Corporate Net Zero Standard - launched barely a fortnight ago - seeks to strike a "sweet spot" that both encourages companies to decarbonise their own operations, while also recognising other climate efforts, such as investments in carbon credits, will be required if long term net zero goals are to be met. While carbon credits cannot be used to count directly towards a company's SBTi-validated decarbonisation targets under the new standard, such investments are still encouraged and are set to be given recognition separately by the standards-setter through a new process known as 'Ongoing Emissions Responsibility'. Bytes Technology Group is continuing to base its climate strategy around the previous iteration of the SBTi's Corporate Net Zero Standard - which allows firms to use carbon credits to offset up to 10 per cent of their residual Scope 3 emissions - but Prickett believes the firm's approach will broadly align with the new approach set out in the revamped SBTi standard when it fully replaces the previous version. "I think we're part of the way there, to be honest," she said. "We're buying durable carbon credits for Scope 1 and 2, as we try to reduce our emissions as much as we can at the moment. One of our projects is an HVAC replacement, which is going to take a bit more time to embed, so while we're doing that and still generating emissions, we're going to be investing in durable carbon credits, and then a mix of removals and avoidance for the rest of our emissions." Also taking part in the webinar discussion was Dan Magarth, head of corporate best practice at carbon credit certification programme Gold Standard, who said the new SBTi Corporate Net Zero Standard was a "big improvement" on the previous iteration and marked "a pretty seismic shift" in the recognition of carbon credits as a credible means of supporting corporate climate strategies. "I think the really important thing here is that traditionally credit purchases - unless they were to do with a 'carbon neutral' claim - were really packaged as a philanthropic effort, but I don't think that's the case anymore and hasn't been for a while," he said. "I think it's more about brand recognition, taking responsibility, and the ability to tell stories." Indeed, while building a carbon credit portfolio may not directly count towards SBTi-validated emissions reduction targets, it can create a competitive advantage for firms, he added. "If a company is going to go above and beyond its competitors, it should receive recognition for that," said Magarth. "I am excited to see [the updated SBTi standards] come in." Oxford Principles Of course, the SBTi is not the only organisation producing corporate standards that have implications for the carbon market. The International Organisation for Standardisation (ISO) also last week launched its own world-first draft standard designed to help businesses develop net zero transition plans, which similarly gives leeway for companies to use carbon removal credits where necessary, as long as decarbonisation is the first priority. On top of that is the Greenhouse Gas Protocol (GHGP), which provides the standard for corporate emissions measurement, and the Oxford Principles - a framework developed by university academics guide firms, governments, cities and more in designing credible net zero commitments that minimise 'greenwashing' - to name just a couple of the standards or guidance frameworks in circulation. The glut of such standards can appear overwhelming and it can be an admin intensive task for credit providers and corporate purchasers to try and navigate with them all. However, Ecologi's Jackson insists that now more than ever these various standards and verification bodies are working more effectively in lockstep, rather than merely creating confusing duplication or overlap between different approaches. "A lot of these same groups are coming together and helping to sing from the same hymn sheet, which I think is enormously beneficial to the market at large," he explained. "Because when you're looking at 'acronyms galore' – the SBTi, ICVCM, VCMI, the Oxford Principles, ISO and BFI - all of these things you have perhaps got to know, or you can just distil it into what's important." For many companies, the Oxford Principles may be the first and most accessible port of call when seeking to develop a credible carbon credit portfolio. Developed in 2020 and revised again in 2024, the Principles offer guidance on how organisations can design credible net zero strategies that avoid 'greenwashing' and do not distract from wider decarbonisation efforts. "The Oxford Principles are essentially an answer to the question of: 'now we've established that we need to participate in carbon markers, how do I go about doing this?'" said Jackson. Under the Principles - as with the SBTi's standard - companies are expected to concentrate first and foremost on direct decarbonisation of their business. But firms are also encouraged to ratchet up the amount of carbon removals in their credit portfolios, while tapering down the use of carbon avoidance credits, in order to gradually boost the flow of investment into higher-integrity removals investments, while at the same time diversifying carbon credit portfolios. "You want to ramp it up in such a way that you're starting from a baseline of perhaps a different mix of projects," said Jackson. "You're ramping up the amount that's going towards the removal-based market and the durable ones." Prickett also echoes advice from many carbon market advisers with regards to the importance of taking a portfolio approach to purchasing carbon credits, spanning different types nature-based and technology-led projects for avoiding, neutralising, and removing CO2. In other words, the aim is to avoid putting all your carbon credit investments in one basket. "That's exactly it," said Prickett. "It also ties in with other things, such as aligning [our carbon credit portfolio investments] with some of the UN Sustainable Development Goals, or for nature, or communities… We've tried to do a few different things to be able to support quite a few different areas." Magarth argued that the increasing maturity and accessibility of carbon credit standards were becoming ever-more important to the market's success, but he also acknowledged that as projects come in so many different shapes and sizes, developing clear standards that take their different nuances into account can still be "really difficult and challenging". So, supported by a landscape of different standards and guidance to help guard against 'greenwashing' risks, how can companies go about building a credible carbon credit portfolio in practice? "The thing you need to be thinking about is, when it comes to integrity, there's two sides of the same coin - and they're both important, so you should balance them both" he said. "But really there is the question of whether the instrument itself is a credible, high impact credit - i.e. whether it is funding the things it should do and in an appropriate way, and whether it is creating balance without as many negative outcomes. "And the second part is: what am I claiming? The reality is that carbon credits are designed to fund important things, so I think if you keep that at the core of it, funding things that are important is always generally a good idea." With standard-setting bodies now better co-ordinated than ever, and the new ISO and SBTi guidance for corporates likely to drive further demand for high-integrity carbon credits, alongside a similar boost to demand from regulated schemes such as the EU Emissions Trading Scheme of the CORSIA aviation offsetting scheme - what does the future hold for the burgeoning carbon credit market for UK-based firms? "I think the reality is that it is going to depend," replied Magarth. "My sense is that if we're going to exponentially increase the requirements of people to buy long-term, low-risk carbon dioxide removals… we need to get financing now. There are positive signs and there have been good steps made, but I think the major thing is understanding credits as part of the solution, not the whole solution, so we don't put unfair expectations on them. We need to really join those voluntary and compliance systems together to really drive climate finance for which credits are a fantastic way to do so." Jackson was also "cautiously optimistic" about the future of the carbon credit market for businesses, as he said he could "only see the demand going one way". "I don't think it is a dead cert that it will all work out and be rosy," he said. "Where the market lands in 10 years' time I think it will depend on the actions that businesses are taking today - making smart decisions, identifying the risks that they're exposed to from climate change and nature loss, and identifying commercial opportunities to enter these slightly ambitious, more novel agreements to fund projects over time. It will depend on where the mandates are coming from, how the standards evolve over time, and how we change our thinking. So, I think it is in our hands." The evolving and gradually maturing market for carbon credits is still a new field for many businesses both large and small - but it may well pay to begin embarking on the journey towards building a portfolio of high integrity carbon credits sooner rather than later. BusinessGreen's webinar - 'Navigating the carbon credit maze: How to build a portfolio that stands up to scrutiny' was hosted in association with Ecologi. The discussion can be watched back in full on demand here. Businesses looking for support and advice in building a bespoke, Oxford Principles-aligned carbon credit strategy can also book a free 30-minute call with the Ecologi team here.

Partner insight: Accys explains why circularity is increasingly becoming a practical requirement in the construction sector, rather than merely a theoretical ambition Construction has long treated sustainability and performance as competing priorities. Today, investors, policymakers and customers increasingly expect both. With the built environment responsible for approximately 40 per cent of global emissions, the conversation is shifting beyond simply reducing carbon in the construction process. Increasingly, attention is turning to how materials are sourced, how long they last, and whether they can retain value throughout multiple stages of their lifecycle. Ahead of sponsoring the ESG Investor of the Year category at the UK Green Business Awards 2026, Accsys is highlighting how high-performance, circular materials are helping to redefine what sustainable construction looks like in practice. Wood has long been recognised as a lower-carbon alternative to many traditional construction materials. However, one of the key barriers to wider adoption has been performance. When exposed to moisture, untreated or poorly treated wood can warp, swell, shrink, rot or become vulnerable to insects. These challenges have often led specifiers towards more carbon-intensive materials, such as steel and concrete, or towards slow-growing tropical hardwoods. The challenge has therefore never been proving that timber can be sustainable. The challenge has been ensuring it can perform reliably over decades of real-world use. This distinction matters because durability is increasingly recognised as an important component of sustainability. When materials fail prematurely, they require repair, replacement, transportation and additional resources, increasing both environmental and financial costs. Materials that remain in service for longer can help reduce lifecycle impacts over time. Innovations such as acetylated wood are helping to address this challenge. Through acetylation, the wood's molecular structure is modified to reduce its ability to absorb water, significantly improving dimensional stability and resistance to decay without introducing toxic substances. Credit: Accys Accsys has focused on closing this performance gap through its proprietary acetylation technology, transforming fast-growing, responsibly sourced FSC®-certified timber (C012330) into high-performance materials with warranties of up to 50 years. Its flagship product, Accoya wood, combines the sustainability benefits of fast-growing timber with the durability and stability often associated with more resource-intensive materials. Accoya's dimensional stability also contributes to lower maintenance requirements, reducing the resources, emissions and costs associated with frequent maintenance cycles. This focus on extending material life while retaining value has contributed to Accoya achieving Cradle to Cradle Certified® Gold status. The impact of these performance characteristics can already be seen in major projects across the UK. On Bristol's SS Great Britain, the world's first iron-hulled, ocean-going passenger liner and now a major heritage attraction, more than 6,000 metres of Accoya decking have been installed as part of an extensive conservation programme. Selected for its resistance to shrinkage and swelling, the material helps protect the historic iron hull beneath while reducing maintenance requirements and supporting the vessel's long-term preservation. In London, Accoya has also been specified for the façade of Google's King's Cross headquarters, a 300-metre-long 'landscraper' featuring one of the world's largest timber-and-glass façades, fabricated using around 19 truckloads of material. The specification aligns with the project's wider sustainability ambitions, including BREEAM Outstanding and LEED certification targets. While these landmark projects demonstrate how durable timber can contribute to large-scale sustainable construction, the same principles are equally relevant in homes and heritage buildings across the UK. In applications such as windows and doors, improved dimensional stability can help extend service life and reduce replacement cycles compared with conventional timber alternatives. However, designing products to last longer is only part of the circular economy challenge. Equally important is ensuring that materials retain value beyond their initial use. This thinking extends into Accsys' own operations through the Accoya Offcuts Programme, which has been shortlisted for Recycling Project of the Year at the UK Green Business Awards 2026. Working with wood inevitably generates offcuts, smaller pieces that are often discarded, sent to landfill or directed towards low-value applications. Recognising this as both a challenge and an opportunity, Accsys developed a programme to capture and repurpose these materials, retaining value from manufacturing waste across the value chain. Through the initiative, Accoya offcuts from joineries and manufacturers are collected, quality checked and sent to Accsys' partner, leading MDF manufacturer Finsa in Spain. There, the material is chipped and transformed into Tricoya, a high-performance wood-based panel product used across a range of applications. This closed-loop approach extends the useful life of the original material, helping to ensure that the carbon stored within the wood remains locked in for longer while simultaneously reducing waste. Today, more than 40 UK joineries participate in the scheme. Participants receive collection bags for clean, uncoated material, which are returned to Accsys' site in Barry, Wales once full. Each piece is inspected to ensure it meets strict quality standards, and participating joineries are paid per kilogram collected, providing both a financial incentive and a practical route to reducing waste. Since its launch, the programme has collected more than 1,000 cubic metres of Accoya offcuts, helping to retain approximately 820 tonnes of CO₂-equivalent within the material lifecycle. As scrutiny of embodied carbon intensifies, circularity will increasingly be measured not only by what materials are made from, but by how effectively they retain value over time. Increasingly, businesses that can demonstrate resource efficiency, resilient supply chains and practical approaches to carbon reduction are becoming more attractive to investors focused on long-term value creation. The future of sustainable construction will not be defined by choosing between performance and responsibility. It will depend on materials that deliver both, designed not only to last longer, but to remain valuable throughout multiple stages of their lifecycle. For the construction sector, circularity is no longer a theoretical ambition. It is increasingly becoming a practical requirement. Accys is the sponsor of the ESG Investor of the Year category at the UK Green Business Awards 2026

GeoPura enters into Share Purchase Agreement with Ballard in £275m deal

Zenobe has announced the financial close of its 200 MW/800 MWh battery energy storage system at Coalburn in Scotland.

Report argues that switching to heat pumps and electric cars would bring down energy bills and avoid price shocks

Provisional approval of battery and hydropower projects comes after high temperatures reduce gas and solar generation

Oxford PV and the Fraunhofer Institute for Solar Energy Systems ISE have combined two high-efficiency technologies in a single photovoltaic module. To achieve this, they used perovskite-silicon solar cells from Oxford PV and connected them using the Matrix Shingle technology developed by Fraunhofer ISE. Oxford PV is a pioneer in ...

Ember has been experimenting with using artificial intelligence (AI) to expand the scale, depth and usability of our analytical work. AI allows us to move faster from a research question to a working analytical tool, but more importantly it helps us test more scenarios, combine more datasets and generate more ...

Following a successful £4.3m funding round, John Kennedy, CEO at Oxford University spinout Caudal Energy, shares how the company's fin-based technology is expanding where tidal energy can be deployed

Energy regulator moves series of gigawatt-scale projects and novel technologies on to 'Minded-to-Decision' list

Partner Insight: Tetra Pak explains how a whole-factory view can turn lower emissions and better resource efficiency into stronger growth and more durable competitive advantage Food manufacturers are operating in an increasingly volatile environment. Climate disruption, energy prices and supply chain shocks are making it harder to keep food safe, nutritious and affordable. Yet this is no moment to push decarbonisation down the agenda. Food systems account for around a third of global greenhouse gas emissions, and while many of those emissions are locked into how food is made, they are not fixed. To secure more sustainable and resilient global food systems, we must urgently reshape how food is produced, processed, packaged and distributed. A big shift towards renewable energy, the targeted reduction of food waste and sustainable packaging solutions is needed. But one of the biggest opportunities sits inside the factory itself. Decisions on equipment selection, plant design and operational efficiency can unlock emissions reductions while supporting growth. Deloitte projects that transforming food systems could unlock global economic gains of $121tr by 2070. In a sector facing margin pressures and increasing disruption, decarbonisation is not just an environmental imperative; it is a competitive advantage. Tetra Pak's latest Sustainability Report points to the same conclusion: reducing emissions across the value chain can support more resilient food systems while improving operational performance. Driving business performance through sustainability At a time of rising cost pressures and operational uncertainties, manufacturers are seeking sustainability measures that deliver tangible business value. Those making the greatest progress are not treating sustainability as a standalone initiative, but as a way to improve efficiency, reduce operating costs and strengthen business resilience. Practical improvements to factory lines can deliver meaningful reductions in emissions, water usage and operational waste. Many of the technologies and approaches needed to accelerate progress are already available and, when applied strategically, can deliver measurable efficiency and cost benefits without requiring full-scale transformation. That starts with targeted investment in equipment upgrades and a rethinking of how energy, water and raw materials flow through production every day. Dairy points to what is possible The dairy sector offers one of the clearest examples of what's possible. It plays a vital role in global food systems, nourishing billions of people every day and supporting millions of livelihoods, while contributing significantly to economic growth in both developed and emerging markets. At the same time, dairy processing relies heavily on heat and energy-intensive processes, including pasteurisation, homogenisation, cooling and cleaning. Thermal processing accounts for the largest share of energy consumption in dairies, with around 80 per cent used to generate steam and hot water and the remaining 20 per cent powering mechanical processes. Improving efficiency inside the factory is therefore an essential part of reducing emissions. Technologies including industrial heat pumps, advanced homogenisers and optimised cleaning-in-place (CIP) solutions can help manufacturers recover energy, reduce consumption and improve overall line efficiency. Our recent Dairy Processing Impact Assessment, independently reviewed by the Carbon Trust, found that modernising existing dairy processing equipment could reduce greenhouse gas emissions by 40-49 per cent. These upgrades also have the potential to reduce water use by an average 45 per cent and product losses by 57 per cent. If implemented across global dairy production, they could deliver potential carbon savings of up to 12.7 MtCO2e – the equivalent of taking three million cars off the road. That is not just a sustainability win; it is a productivity gain. Think systems, not silos Too often, factory decarbonisation is approached as a series of individual projects: an upgrade here, a retrofit there. While each step may deliver incremental improvements, the biggest gains come when factories are viewed as integrated systems. A whole-factory approach means looking at the plant as a connected system, where machinery, automation, maintenance and resource efficiency work together rather than in isolation. Importantly, this does not have to mean a full-line overhaul. In many cases, targeted upgrades can deliver significant operational and sustainability improvements across the factory. On its own, a more efficient pasteuriser can reduce energy demand. But bigger gains come when improvements are linked up across the factory, for example by capturing and reusing excess heat elsewhere in the process. Saving heat, water or raw materials from being wasted and reintroducing them into the factory system delivers compounding benefits. Automation and digital monitoring, along with proactive maintenance, can also help manufacturers improve reliability, reduce product loss and increase efficiency across production. Realising these gains requires manufacturers to look at total cost of ownership (TCO), weighing investment against efficiency and performance over the life of equipment, production lines and entire factories. Service models can support that shift by linking long term performance more closely to operational goals. Tetra Pak® Advanced Agreements, for example, are built on shared performance responsibility and designed to help manufacturers improve Overall Equipment Effectiveness (OEE), reduce operational costs and increase uptime through a whole-factory approach. Resilience has a carbon logic Climate disruption is putting increasing pressure on food systems, making resilience more important than ever for manufacturers. Those that reduce energy waste, minimise product loss and improve line reliability will be better equipped to respond to volatility and maintain supply when it matters most. Resilient food systems depend on more than processing alone. They also require smarter decisions across packaging, logistics and resource use to reduce waste and keep materials in circulation. The technologies, equipment and operational capabilities needed to deliver these gains already exist. What is needed now is a shift in mindset. Decarbonisation is not separate from value creation and resilience. It underpins both. For manufacturers, a whole-factory view can turn lower emissions and better resource efficiency into stronger growth and more durable competitive advantage. Learn More Gilles Tisserand is vice president sustainability excellence at Tetra Pak. This article is sponsored by Tetra Pak.

Partners plan more than 30 battery-swapping hubs across Europe to speed up electrification of road freight

Product range includes both plug-in batteries for apartments and renters, as well as larger, wall-mounted systems for homeowners

Watson Farley & Williams advised Eiffel Investment Group on an up to £175 million HoldCo financing granted to Enviromena as part of a £1 billion funding plat-form for the construction and delivery of a 1 GW solar photovoltaic pipeline in the UK.

Three pumped storage hydroelectric power station sites in Scotland on list of 16 long-duration electricity storage plans Business live – latest updates Great Britain’s first new hydropower projects in more than 40 years are expected to move ahead after the energy regulator gave a provisional green light to three proposals as part of a plan to reduce the country’s reliance on energy imports. All three of the new pumped storage hydroelectric power station projects are due to be built in northern Scotland, where the region’s lochs will act as natural reservoirs to serve the hydropower stations. Continue reading...

Google and Italian energy storage developer Energy Dome are advancing a 23 MW/200 MWh carbon dioxide battery project in County Offaly, Ireland, aimed at demonstrating how long duration energy storage (LDES) can support renewable heavy grids.

Energy developer NatPower and Tesla have signed an agreement to deploy 25 GWh of battery storage capacity across Italy and the United Kingdom, representing the first stage of a broader programme that could require up to $5 billion in investment.

UK energy regulator Ofgem has shortlisted 16 projects for the first ever long-duration energy storage (LDES) cap-and-floor scheme, totalling 7.6GW of capacity ranging from 8- to 22-hour durations.

CATL held the global launch of its large-scale sodium-ion BESS yesterday, unveiling a 30MWh+ module which it will ship outside China from next year.

An interim impact evaluation of Phase 1 and 2 of the Industrial Energy Transformation Fund (IETF).

Charlotte Clayson, Partner, Trowers and Hamlins The UK’s energy sector is in the midst of substantial change as it transitions to deliver Clean Power 2030, with a significant uplift in […]

Great Britain has paid at least six times the normal price for imported power as millions turn on air conditioning and windfarm output sags The heatwave has prompted a sharp rise in electricity prices across European markets as millions turn to air conditioners and electric fans to battle record high temperatures, which have also caused a string of power plant outages across the continent. Great Britain imported electricity from Europe at more than six times the normal price on Tuesday as the high-pressure heat dome has slowed wind speeds, hitting renewable energy generation, and led to outages at multiple gas plants across the country. Continue reading...

Sodium-ion BESS startup Moonwatt expects the battery chemistry to reach price cost parity with lithium iron phosphate (LFP) in the next two or three years, according to its CCO, Valentin Rota. Speaking to us at the Smarter E Europe trade show in Munich, Germany, this week, Rota said: “We think LFP will stay a great […]

Outgoing UK leader was hesitant to argue the case for his government’s ambitious energy goals

‘Enhancing System Stability through Grid-Forming Energy Storage Technologies,’ has been launched by Energy-Storage.news, sponsor Kehua Digital Energy and TÜV Rheinland.

ESN Premium speaks with Nextpower CEO Dan Shugar and Prevalon’s Tom Cornell about the solar PV solutions company’s (re)entry into the energy storage space.

Regulator blames market design as hydropower stations and batteries repeatedly sell and curtail their output

CATL this week officially unveiled the TENER Sodium Energy Storage System, the world’s first real-world validated sodium-ion energy storage solution in Munich, Germany. The solution has reached full commercial maturity across technology, production capacity, and supply chain readiness. Cumulative shipments are expected to reach 1 GWh by the end of ...

Rivington Energy has sold a 50 MW battery energy storage system development, located in Oxfordshire, UK, to funds managed by Schroders Greencoat.