Ofgem has put out its final proposals aimed at helping customers make informed choices about their energy tariff. The consultation forms part of the regulator’s commitment to rely more on enforceable principles rather than detailed rules about how suppliers should run…
News
Code adminstrators facing major industry change call on Ofgem for leadership
by New Power •
The energy industry’s code administrators face a ‘crunch’ in delivering arrangements for major change in the next two years, along with huge political and regulatory uncertainty, at a time when the code arrangements themselves are in flux. “Ofgem needs to…
Flash update
Competition offers funding to energy transition startups – closes 31 January
by New Power •
Start-ups have until 31 January 2017 to submit their entries for the international ‘Start Up Energy Transition Award’, from the German Energy Agency. The competition is open to any ideas that promote energy transition and worldwide climate protection.They should be…
News
Ten thousand businesses ‘missing out on energy flexibility ‘cashback’ opportunity’
by New Power •
More businesses can save money by avoiding power ‘congestion charging’ and shifting their use, say companies who help them deliver the service. One such, SmartestEnergy, said it had estimated that nearly 10,000 UK businesses could each potentially save £20,000 or…
Flash update
£28 million in funding up for grabs as BEIS opens competitions for storage, demand response and flexibility innovations
by New Power •
The Department for Business, Energy and Industrial Strategy has invited expressions of interest in £289 million of funding to develop storage, demand side response and flexibility technologies, and to speed up their delivery. A new competition has £9 million up…
News
Innovation Exchange aims to cut offshore wind costs with disruptive technologies from outside the sector
by New Power •
The Offshore Wind Innovation Hub has launched its first programme, the Offshore Wind Innovation Exchange (OWIX). It aims to accelerate cost reduction in offshore wind by matching industry challenges with innovative solutions adapted from other sectors of the economy. This…
News
Cost of offshore wind falls 32% in five years
by Annabel Andrews •
The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK Government and industry target of £100 per megawatt hour (MWh) four years ahead of schedule, according to a new report…
News
British Gas Business pays out £9.5 million after new billing system hits customer service
by New Power •
British Gas Business is to pay £9.5 million in redress for failings in its registrations, complaints handling and billing processes for its 400,000 business customers. It will make direct payments to affected micro-business customers, and payments to the charity the…
Flash update
Western Link cable comes ashore
by New Power •
The world’s largest subsea power cable comes ashore at Ardneil Bay in North Ayrshire. At around 385km long, it is a crucial part of the £1 billion Western Link project, a joint venture between ScottishPower and National Grid to transport…