The UK’s gas networks want ideas for innovation that can deliver cost, carbon or environmental benefits for customers. The companies will be able to access innovation funding of up to £20 million per annum through the Networks Innovation Competition (NIC) and…
News
Industry expects data companies to beat utilities to use residential demand flexibility
by New Power •
Data businesses will be ahead of utilities in the rollout of residential demand management (RDM), which will allow users to participate in balancing supply and demand, according to a survey of industry professionals carried out by Green Energy Options (Geo),…
News
Centrica: business fears power failures – but does not make it a priority
by New Power •
Businesses underestimate the cost of electricity failures, according to Centrica Business Solutions. In a survey of UK and Irish businesses, senior energy decision-makers who had not experienced a serious energy failure predicted the cost to their business would be 7%…
Perspective
OPINION: Top ten? Board-member checklist tests stakeholder engagement
by New Power •
How effective is your board in meeting ‘future customer’ and stakeholder needs? Sustainability First has developed a check-list for the boards of energy companies to use to assess that question. Within your corporate structure, is it clear where responsibility sits for…
News
BEIS Committee seeks views on the Draft Energy Price Cap Bill
by Annabel Andrews •
The Business, Energy and Industrial Strategy Committee has announced a call for evidence on the government’s Draft Energy Price Cap Bill. The BEIS Committee’s pre-legislative scrutiny will involve examining the objective, provisions, and likely impact of the legislation and the…
News
Industry reacts to Helm review
by New Power •
Michael Grubb, Professor of International Energy and Climate Change Policy, UCL: “There is a lot to agree with here – and much to chew on. But it would help if Helm acknowledged that the dramatic technology cost reductions he highlights were largely…
News
Open Utility wins funding to develop local flexibility trading
by New Power •
Open Utility has won £412,500 in funding from the Department for Business, Energy and Industrial Strategy’s Energy Entrepreneurs Fund (EEF) to develop an online marketplace for local electricity flexibility trading. The marketplace will help distribution network operators (DNOs) play an active…
News
Three quarters of firms doubt this parliament can deliver infrastructure improvement
by Annabel Andrews •
A record number of firms are dissatisfied with the state of infrastructure in their region, according to the 2017 CBI/AECOM Infrastructure Survey. Nearly all (96%) of the 727 businesses surveyed see infrastructure as important to the government’s agenda, but only…
News
Severn Trent sets sights on 20MW flexible demand capacity with Open Energi
by Annabel Andrews •
Water and sewerage company Severn Trent has partnered with Open Energi to unlock demand flexibility from its equipment. The company, which provides water to 4.5 million households and businesses across the Midlands and Wales, aims to provide over 20MW of…