News

EDF Energy to close coal-fired station at Cottam

EDF Energy has announced that generation will end at its 2000MW Cottam coal-fired station on 30 September. Its remaining coal-fired station, 2000MW West Burton A, has Capacity Market agreements in place for three of the four units util September 2021. EDF…

Price cap rises by £117: the industry responds

From 1 April, the levels of the default tariff price cap will increase by £117 and pre-payment meter cap by £106 to reflect higher costs, Ofgem has announced. Of that increase, £74 is related to wholesale price increases, and £43 for networks and policy. The…

Smart meter installations slow

Smart meter installations fell by 35% in December – the biggest month by month fall since 2012, according to figures on electricity meter installation provided by industry body Electralink. The worst area affected was South Scotland, with a 41% month-on-month…

Blackrock sells wind and solar projects to Equitix

BlackRock has sold five operating wind farms and one operating solar project to Equitix Investment Management. All began commercial operations between 2010 and 2015. BlackRock said it had brought the projects through construction and early stage development and optimised the group’s debt…

Utilita picks up Our Power’s domestic customers

Ofgem has appointed Utilita Energy to take on Our Power’s 31,000 domestic customers under its ‘supplier of last resort’ process after the Scottish energy company ceased trading. Ofgem said Utilita was chosen after a competitive process. The regulator said that in…