News

Heat network developer wins £100M investment

Infrastructure investment firm Pioneer Point Partners has announced a £100 million investment in Rendesco, the developer, owner and operator of low-carbon heat networks. Founded in 2012, Rendesco specialises in ground source heat pump solutions for new-build residential developments. Itd has…

E.ON to acquire OVO

E.ON has announced it plans to acquire OVO. The company said the acquisition would strengthen E.ON UK’s ability to deliver value for customers and grow its core retail business. Chris Norbury, CEO of E.ON UK, said: “For decades the UK…

New standard to expand flexibility services

A common standardised interface is being adopted by all distribution network operators (DNOs) to make it easier for flexibility service providers to benefit from multiple markets across the country. Energy flexibility relieves pressure on the electricity grid whilst allowing consumers…