Browsing Tag
Ofgem
15 posts
AI data centres need electricity before they need buildings. Is powered land the new property premium?
The artificial-intelligence data-centre boom is changing how industrial land is valued in Britain. Harworth Group’s 0.8GW powered-land portfolio and a £106.6 million Microsoft transaction show why a credible grid connection can now matter as much as acreage, planning permission and location.
British household energy bills rise 4% despite electricity VAT cut from October
Britain’s typical energy price cap will rise to £1,723 from October as higher wholesale gas costs outweigh much of the relief from removing VAT on electricity.
National Grid cuts executive committee to eight as ÂŁ70bn investment plan enters execution phase
National Grid plc is replacing its business-unit-heavy leadership structure with UK and United States presidents, supported by dedicated capital delivery and technology functions. The simpler model could accelerate decision-making across its record investment programme, but the company has not disclosed immediate savings or restructuring targets.
Gresham House ($GRID) secures provisional 25-year support for Ocker Hill battery
Discover how GRID’s 1,160 MWh Ocker Hill battery and 25-year Ofgem support could reshape revenue, financing and its NAV discount. Read more now.
EnergyPathways launches MESH licence work as EPP targets Ofgem LDES backing
EnergyPathways has started the MESH licence programme in the East Irish Sea, but Ofgem support, geological evidence and project financing remain the decisive tests for EPP.
Invinity (AIM: IES) shares fall 20% despite Ofgem backing for 520 MWh Frontier Legacy project
Ofgem has provisionally selected the Frontier Legacy long-duration storage project using Invinity’s vanadium flow batteries, but IES shares plunged as investors confronted the limited award, financial-assessment concerns and delivery risk.
Drax cleared by FCA as DRX investors refocus on biomass subsidies and Bluefield deal
Drax avoids FCA action over biomass disclosures, but DRX investors still face subsidy, sustainability, leverage and Bluefield Solar acquisition risks.
SSE plc preliminary results show why the FTSE utility’s investment story is now bigger than one year of earnings
SSE plc’s FY2026 results spotlight a £33bn grid investment plan, EPS resilience and rising capex. Read how the strategy could reshape growth.
SSE plc lifts full-year EPS guidance as ÂŁ33bn investment plan advances ahead of schedule
SSE plc raises EPS guidance to 147-152p, accelerates network investment 60%, and confirms 14.5 TWh renewables output. Read what it means for investors.
Eos Energy lands 228 MWh Frontier Power order, clears final Cerberus milestone
Find out how Eos Energy secured a 228 MWh Frontier Power deal and completed its final Cerberus Capital milestone, strengthening its long-duration storage momentum.