Some 7.7 million gas or electricity switches took place in 2016, according to new data from Ofgem. This is 1.7 million more switches than the previous year, a rise of 28%. This means switching rates last year reached their highest…

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“Security of supply should be the first and most important consideration in energy policy,” the House of Lords Economic Affairs Committee says in its new report The Price of Power: Reforming the Electricity Market. The committee says “Intervention by successive governments…

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The Carbon Trust’s Offshore Wind Accelerator has launched a new £2.4m project aiming to cut deep sea offshore wind costs by improving foundation design. The three-year project, called Improved Fatigue Life of Welded Jacket Connections (JaCo), aims to cut the cost of offshore…

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The ‘inertia’ that fossil fuel plants provide to the electricity system, which keeps the system in stable operation and allows it to ‘ride through’ disturbances, can largely be replicated by very fast response frequency control systems and synthetic inertia, according…

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Green Star Energy has launched a new ‘unlimited tariff’, as British Gas announced a new £100m customer reward programme. The new Green Star Unlimited 12M tariff, available only through comparison site comparethemarket.com until 5 March 2017, gives customers unlimited energy use…

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The Moyle Interconnector, the 500MW electrical link between Northern Ireland and Scotland, is  operating at a reduced capacity of 250MW. The fault occurred on Saturday 18 February when one cable tripped. Initial investigation has indicated that there is a cable…

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Ofgem has today published a contract notice for the procurement of an independent organisation to manage and allocate voluntary redress funds, which are paid to charitable bodies by energy companies in lieu of a penalty following wrong-doing or a failure…

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Centrica has announced a new venture, Centrica Innovations, that will identify, incubate and accelerate new technologies and innovations. The new business unit will include a venture fund of up to £100 million to invest in start-ups, in exchange for access to technology and entrepreneurial capability and resources.…

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Horizon Nuclear Power has called on US nuclear utility Exelon to provide  expertise as it develops its plans to build a new nuclear plant, Wylfa Nywedd, in Wales. Horizon is planning to apply for a site licence for the project.…

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EDF Energy said today that lower wholesale prices were behind a 29% reduction in operating profit for its UK business. In 2016, the firm brought in an underlying operating profit of £470m, compared to £664m in 2015. This figure does not include a…

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