Ed Davey invites firms to generate revenue by curbing power demand

Jessica Shankleman
clock

Energy and Climate Secretary calls on businesses to take part in new £20m demand reduction pilot

The Energy and Climate Change Secretary has called on businesses to sign up to a new £20m project that could pay them for reducing power usage during periods of peak demand. Writing exclusively for...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Legislation

United Nations backs 'landmark' ICJ climate ruling

United Nations backs 'landmark' ICJ climate ruling

UN Member States vote in favour of the International Court of Justice's ruling governments are legally accountable for climate action

clock 21 May 2026 • 3 min read
Government moves to curb legal challenges against clean energy projects

Government moves to curb legal challenges against clean energy projects

Treasury to set out 'sweeping reforms' that would give MPs authority to designate clean energy projects as being of 'Critical National Importance'

Michael Holder
clock 20 May 2026 • 5 min read
'The window to prepare is closing fast': What next for the EU's flagship deforestation rules?

'The window to prepare is closing fast': What next for the EU's flagship deforestation rules?

EXPLAINER: The EU is currently reviewing proposals to cut EUDR compliance costs by 75 per cent, but regardless of whether changes are confirmed businesses face a challenge in complying with the wide-ranging rules

Stuart Stone
clock 19 May 2026 • 15 min read