The target rollout date for smart meters is to be delayed by four years and the number of smart meters involved has been reduced to 85% of domestic properties. BEIS says around a quarter of households now have smart meters…
News
Ovo Energy to acquire SSE’s household energy and service customers
by New Power • • Comments Off
Ovo Energy has reached agreement with SSE to buy SSE’s GB household energy and related services business. The plan has to be approved by the Competition and Markets Authority, and SSE says that is expected in late 2019 or early 2020,…
UPDATED: Eversmart Energy ceases trading – Utilita takes on customers
by New Power • • Comments Off
Utilita Energy has been appointed as the supplier of last resort for the customers of Eversmart Energy. Utilita took over supply for these customers with effect from 11 September. Eversmart Energy has ceased trading and its customers will enter the ‘supplier of…
Climate change minister promises action on hydrogen ‘this year’
by New Power • • Comments Off
The government will make “new, bolder steps” in climate change and “refresh our ambitions” to meet net zero carbon emission targets, Lord Ian Duncan – appointed parliamentary under secretary of state for climate change at BEIS less than two months ago,…
Supply chain companies blast government ‘fudge’ on net zero and call for radical action on local heat planning, building standards, time of use tariffs
by New Power • • Comments Off
Companies supplying low-carbon energy technologies have called on government to be more ambitious in setting net-zero requirements for homes and businesses and provide a stable policy and regulatory framework to help industry deliver them. They say ”Fudging the current regulatory framework…
MeyGen floats data centre development to provide local customer for Caithness tidal turbines
by New Power • • Comments Off
Simec Atlantis Energy wants to build a data centre in the Caithness region of Scotland that would be partly powered via a private wire network from tidal turbines at the company’s MeyGen project site. MeyGen has a 6MW operational array which has…
Bristol opens procurement for City Leap low-carbon initiative
by New Power • • Comments Off
Bristol has opened the procurement process for Bristol City Leap, a plan to attract £1 billion of investment to deliver a zero-carbon, smart energy city by 2030. It has now kicked off the procurement process (likely to last several months)…
Simec Atlantis joins Alderney Electricity to develop tidal power source
by New Power • • Comments Off
Alderney Electricity (AEL) has signed heads of terems with Simec Atlantis Energy (via its joint venture Normandie Hydroliennes) to supply the Channel Island with power from a proposed tidal array and reduce the island’s reliance on diesel generation. The heads of…
Engie Global Markets fined £2.1 million for gas market manipulation
by New Power • • Comments Off
Ofgem has fined Engie Global Markets (EGM) £2.1 million because one of its traders manipulated wholesale gas prices to increase profits. In November 2016, a market participant alerted Ofgem to suspicious activity on GB’s wholesale gas market. The regulator found that a…
ACT NOW: ESO seeks input on competition for onshore network assets
by New Power • • Comments Off
National Grid’s Electricity System Operator (ESO) is asking for views on how competition in onshore competition might work. It wants input from those with a direct interest in the regime, such as design, construction or financing companies that might participate. The…