So-called car-park generators could walk away from capacity market (CM) contracts if regulator Ofgem goes ahead with plans to cut Triad payments – and that could include dismantling and exporting plants that have already been built, New Power has been…

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Ofgem has warned the entire energy industry has to be ready for Project Nexus Go-Live this month. Project Nexus is the implementation of new business processes for gas settlement reform and the single service provision for all gas transporters. The system will cover…

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Growth in independent renewable projects has flatlined in the wake of deep and sudden subsidy cuts, according to SmartestEnergy’s fifth annual Energy Entrepreneurs Report, released today. Energy entrepreneurs outside the traditional electricity supply sector are now turning to the storage sector as…

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Nissan has joined forces with Eaton to launch a domestic energy storage product, known as xStorage, that can use recycled lithium ion batteries. The storage is expected to be used by consumers with rooftop PV to maximise returns from feed-in…

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Swedish energy company Vattenfall has launched a green energy supply product for UK business customers, to be called ‘Fresh’ (‘Flexible, Renewable Electricity, Supplied Honestly’). Vattenfall, which is 100% owned by the Swedish state and has over 6 million customers across…

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“The continued operations of the UK nuclear industry are at risk,” said Iain Wright MP, chair of the Business, Innovation and Skills Committee, because “The impact of Brexit on Euratom has not been thought through.” He said ministers must act…

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Northern Ireland could face further rises in energy bills because it faces a deficit in electricity production by 2021, according to a report by the Northern Ireland Affairs Committee. It is crucial that the North/South Interconnector between Northern Ireland and…

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A new fund launched by the Carbon Trust is offering small and medium businesses up to £10k to install energy saving technology, including renewables and batteries behind the meter. The Green Business Fund will provide direct funded support through energy assessments, training…

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Two separate reports calling for a qucker transition to a renewable economy have been published by business leaders. In the first, launched by The Prince of Wales’s Corporate Leaders Group, companies warn that inconsistent, vague and unambitious EU policies are stifling investment and…

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The Competition and Markets Authority (CMA) has said it plans to halt closer co-operation between two commodity exchanges, Intercontinental Exchange (ICE) and Trayport. The CMA has already put the brakes on a merger of the two exchanges, saying it would…

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