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...In 2022 the government twice intervened to restrict Chinese companies’ involvement in Britain’s electricity grid, using powers under the National Security and Investment Act....
...Ben Guest, managing director of the new energy division at Gresham House, said National Grid is underusing battery storage that is already incorporated in the system, although it is seen as a crucial part...
...Their renewables can meet all their power demands so if they’re building new interconnections, or indeed new renewables, they have to be doing this as an export opportunity.”...
...This could put pressure on the $220bn business of data centre and cloud companies, expected to rise to $418bn by the end of the decade as global data demands surge, according to market research group Industry...
...Last September, the government delayed the planned national ban on the sale of new petrol and diesel cars, from 2030 to 2035....
...National Grid introduced its demand-flexibility service last year ahead of the winter to try to cope with tight power supplies after France’s fleet of nuclear power stations was hit by unexpected outages...
...The power supply issue had led to concerns that the communications system used by the emergency services in the event of a major incident might not function as intended, two people close to the process said...
...As a result, Ofgem is considering assessing companies’ “investability” in the next set of price controls for the transmission networks — National Grid in England and Wales and Scottish Power and SSE in Scotland...
...Technip Energies, a French energy transition-focused firm, appointed Loïc Chapuis as chief operating officer and Marco Villa as chief business officer....
...Between 2010 and 2018 total investments in power grids in EU countries reached some €32bn....
...“Subject to no further attacks, at least 50 per cent of damaged power units will be reconnected to the grid.”...
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...“The blip is still unfortunate, however, as coal is the most polluting of conventional power sources and much less would be needed if China had a better integrated and better balanced electricity grid,”...
...“The UAE views data as the new oil,” the person said. “It realised that it had to find a new way to exist between the US and China because of US concerns about Chinese tech....
...“The UK needs nuclear as part of its power generation mix as we move to a system based largely on renewable sources,” said Sir John Armitt, chair of the National Infrastructure Commission....
...“It’s not about doing everything, it is about doing the important things.”...
...a spokesperson for the White House National Security Council....
...Nuclear energy advocates believe that a new generation of advanced reactors could provide a solution to the strain being placed on the grid as traditional data centres are joined by new, power-thirsty artificial...
...“NHS England expected drug companies AstraZeneca and Daiichi Sankyo to offer this treatment at a price that would enable Nice to recommend its use,” NHS England said....
...Mupita said the group was seeking a new round of minority investment into the business....
...New curbs on short-term property rentals in England will be unveiled by the UK government on Monday, despite warnings from estate agents and tourism chiefs that the move could dent local economies....
...adding new supply can increase the grid’s overall emissions....
...Today is Thursday, April 18th, and this is your FT News Briefing. [MUSIC PLAYING] Iran’s oil business is booming. And there is one thing AI can’t generate: power....
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...Since the 1980s, governments have been largely successful at fostering competition in energy generation, with measures such as requiring grid operators to let independent power producers plug in....
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