The government will provide a total of £1.5 million funding for 27 heating projects across 24 local authorities in England and Wales, energy secretary Amber Rudd announced this week. The department of energy and climate change (Decc) claims heating networks…
Author Archive for Annabel Andrews
Scottish islands could gain £725 million from renewables projects
by Annabel Andrews • • Comments Off
Scotland’s island economies could benefit from up to £725 million over the next 25 years from renewables projects according to an independent published today. The Western Isles, Orkney and Shetland have the potential to supply up to 5 per cent of total…
Ofgem queries whether DNOs are doing enough to connect more generators
by Annabel Andrews • • Comments Off
Ofgem has asked generators and stakeholders whether DNOs are being proactive enough on tackling the queue for connections. In a letter to all connection stakeholders, Ofgem asked how effective each DNO has been at engaging with customers and in developing…
Only 34 per cent of consumers trust energy suppliers, according to Which?
by Annabel Andrews • • Comments Off
Only 34 per cent of consumers trust gas and electricity suppliers, and 31 per cent actively distrust energy suppliers, according to Which?’s latest consumer insight tracker. Some 63% of people are worried about energy prices Which? is calling on the Competition and…
UK companies missing out on business benefits of renewable power
by Annabel Andrews • • Comments Off
Many UK companies want to support renewable electricity, but are confused by a “bewildering variety of costs and schemes which made it hard to be sure of the carbon content of what they were buying”, according to a report from Smartest…
Reduce stamp duty for energy efficient houses, says think tank
by Annabel Andrews • • Comments Off
The government should encourage home buyers to purchase energy efficient homes by reducing stamp duty for homes with a high efficiency rating, according to a new Policy Exchange report published today. Lenders should also provide energy efficiency mortgages, the think…
Northern Ireland’s renewable heat incentive closes to new applicants tonight
by Annabel Andrews • • Comments Off
The Department of Enterprise, Trade and Investment (DETI) confirmed this week that the Northern Ireland renewable heat incentive (RHI) scheme for domestic and non-domestic installations will be suspended to new applicants from midnight tonight. Ofgem, which administers the scheme on…
UK “must try harder” to attract renewable energy investment
by Annabel Andrews • • Comments Off
This year will be a “make-or-break year” for attracting renewable energy investment to the UK, according to Ernst and Young’s latest renewable energy attractiveness index. The UK was put in the category “must try harder”, along with Australia, Greece, Italy, Poland,…
New less ambitious energy efficiency obligation to save suppliers £800 million per year
by Annabel Andrews • • Comments Off
The government’s plans cut household fuel bills, announced in the 2015 spending review, will largely be funded by cuts to to the current energy company obligation (ECO) scheme, according to a letter from the department of energy and climate change (Decc)…
Drax announces 2015 losses, says it may mothball coal plant
by Annabel Andrews • • Comments Off
Drax today announced a 26% fall in earnings (EBITDA) to £169 million in 2015, down from £229 million in 2014. Profit before tax fell to £59 million from £166 million. Chief executive Dorothy Thompson called the results “another strong operational performance”…