Good Energy’s board has written to shareholders, urging them to vote against appointing representatives from Ecotricity to the board. Last month, Good Energy announced it had received a requisition for a general meeting from Ferlim Nominees Limited, acting on behalf…
Author Archive for Annabel Andrews
Mayor will seek existing supplier to deliver its Energy for Londoners company
by Annabel Andrews • • Comments Off
The Greater London Authority (GLA) will seek an existing supplier to deliver its Energy For Londoners supply company, although the mayor has not ruled out starting a fully licensed supply company in the future. In its new Draft London Environment…
Forewind consortium divides ownership of 4.8GW Dogger Bank offshore wind projects
by Annabel Andrews • • Comments Off
New ownership arrangements for the four consented Dogger Bank offshore wind projects have been agreed and signed by the three Forewind shareholders. Offshore wind consortium Forewind has agreed and signed new ownership arrangements of the four consented Dogger Bank offshore wind…
HMRC confirms 5% VAT for batteries installed with new household solar systems
by Annabel Andrews • • Comments Off
HM Revenue and Customs (HMRC) has confirmed that a 5% rather than 20% VAT will be applied on residential battery storage installations when paired with new solar PV systems. Currently, the 5% rate will only be applicable to a single indivisible…
Dieter Helm to lead independent review into energy costs
by Annabel Andrews • • Comments Off
Dieter Helm is to lead an independent review looking at how the energy industry, government and regulators can keep the cost of electricity as low as possible, while ensuring the UK meets its domestic and international climate targets. The review will…
Ofgem confirms National Grid must set up separate system operator company
by Annabel Andrews • • Comments Off
Ofgem has confirmed that National Grid should proceed with plans to set up a new legally separate company to carry out its electricity system operator function within National Grid Group. The electricity system operator (ESO) has a central role in…
Wind generators to queue until second quarter of 2019 for uncertain Feed in Tariff rate
by Annabel Andrews • • Comments Off
Generators seeking a Feed in Tariff subsidy for some wind installations will have to queue until the final quarter of 2019, according to new figures released by Ofgem. The latest information from the regulator showed that there are currently 48…
Centrica blames “increasing costs of energy policy” for 12.5% electricity price hike
by Annabel Andrews • • Comments Off
Centrica has said it will put up it’s standard tariff electricity price by 12.5% from mid-September, while its gas price will remain the same. This will see an average annual dual fuel bill for a typical household on standard tariff…
Ofgem asks: Does mandatory market making work?
by Annabel Andrews • • Comments Off
Ofgem has asked for feedback on whether its market-making windows are working, as part of its review of the Secure and Promote liquidity fix. In 2014, the regulator brought in the Secure and Promote Licence Condition, to try to address…
Up to £1m co-funding available for industrial energy efficiency projects
by Annabel Andrews • • Comments Off
The government has launched a new £9.2m accelerator fund for innovative energy efficiency projects helping UK industry. The Industrial Energy Efficiency Accelerator (IEEA) is funded by the Energy Innovation Programme, led by BEIS, and will be delivered over the next…