Firm behind UK's first commercial virtual power plant secures £295,000 boost

Michael Holder
clock • 3 min read
Firm behind UK's first commercial virtual power plant secures £295,000 boost

ev.energy handed additional £295,000 from Innovate UK to scale up its virtual power plant service designed to ease pressure on the grid from EV charging

Hopes of one day using electric vehicles (EVs) as mobile batteries to help stabilise the UK's electricity grid have received a boost today, with software specialist ev.energy scooping up an additional...

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 Automotive

'Huge vote of confidence': Nissan confirms £450m investment as new LEAF production starts in Sunderland

'Huge vote of confidence': Nissan confirms £450m investment as new LEAF production starts in Sunderland

Next generation Nissan LEAF becomes first new high-volume EV to be produced in the UK since 2020, supporting 6,000 jobs in the process

Stuart Stone
clock 16 December 2025 • 5 min read
'Major turning point': EVs make up over a quarter of global car sales in 2025

'Major turning point': EVs make up over a quarter of global car sales in 2025

Surge in electric and plug-in hybrid car adoption is increasingly eating into fossil fuel demand, Ember analysis claims

Michael Holder
clock 16 December 2025 • 4 min read
'Short-sighted': Conservatives slammed over plan to scrap phase out date for petrol and diesel cars

'Short-sighted': Conservatives slammed over plan to scrap phase out date for petrol and diesel cars

Kemi Badenoch says a Tory government would axe 'well-meaning but ultimately destructive' plan to end the sale of new internal combustion engine cars from 2030

James Murray
clock 15 December 2025 • 6 min read