Foresight Group is launching a Smart Bonds Fund to invest in  the UK roll-out of smart meters. The funds raised will generate returns by lending to companies that own, operate and rent installed smart meters to UK energy suppliers. Investors…

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A House of Lords select committee has launched an inquiry into the implications of Brexit for energy security in the UK. The EU Energy and Environment Sub-Committee said UK and the EU have common energy needs, and rely on common…

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Siemens and AES have agreed to form a global energy storage technology and services company under the name Fluence. It will combine the AES Advancion and Siemens Siestorage energy storage platforms. Siemens and AES will each hold 50% of the…

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Ecotricity and Good Energy’s long-standing rivalry has spilled into a boardroom battle, reports the Financial Times. Privately-owned Ecotricity has been acquiring shares in publicly-listed rival Good Energy over the last year and is now its largest shareholder with a 25.3…

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Ofgem has confirmed that the timetable for implementing a database of disengaged energy customers has been pushed back. The database, which is one of the remedies proposed by the CMA to increase competition in the energy market, will include anyone who has…

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National Grid is no longer using ‘Gone Green’ as one of the four ‘Future Energy Scenarios’ it uses in long term planning for the network. It has changed to a scenario, named ‘Two Degrees’, that meets the UK’s 2050 carbon…

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Ofgem has acted on concerns raised by consumer affairs website Money Saving Expert, and opened an investigation into British Gas over switching. The regulator is investigating whether British Gas failed in its obligations to customers,  including the requirement to waive…

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Ofgem has announced that there will be a second round of its ‘regulatory sandbox’, a programme allowing energy businesses to trial new ways of working without incurring all of the usual regulatory requirements. In an open letter, Pamela Taylor, who…

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The Scottish Government has given Vattenfall consent for its proposed South Kyle Wind Farm in East Ayrshire and Galloway. Guy Mortimer, Vattenfall’s UK head of development for onshore wind, said: “The Scottish Government’s consent decision for this scheme is reassuringly robust. The…

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Completion of the £1bn Western HVDC link, a subsea electricity cable linking Hunterston in Scotland with Deeside in North Wales, has been delayed until 2017-18 due to cable manufacturing problems. As a result of the delay, Ofgem has postponed the allowances…

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