Up to £20 million is available from the Department for Business, Energy & Industrial Strategy – working with the Office for Low Emission Vehicles and Innovate UK – to fund projects that investigate new business models, consumer awareness and technologies…
News
Citizens Advice criticises Ofgem over “unjustified” energy network profits
by Annabel Andrews •
Citizens Advice has said energy network companies should return £7.5bn “unjustified profit” to consumers. The charity has published new research which estimates that key decisions made by the energy regulator Ofgem are allowing energy network companies to make billions in…
News
Foresight opens smart meter investment fund
by New Power •
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…
News
Lords committee to consider energy security implications of Brexit
by New Power •
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…
News
Siemens and AES join to launch global storage company
by New Power •
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…
News
Blog: Good Energy and Ecotricity battle continues
by Annabel Andrews •
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…
News
Ofgem delays ‘sticky’ customer database rollout by six months
by Annabel Andrews •
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…
News
Future Energy Scenarios: National Grid retires ‘Gone Green’ option
by New Power •
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…
Editor's blog
An electric vehicle charging point could be a real convenience
by New Power •
We love convenience stores – McColls, Budgens, Best-In, Spar, KeyStore, Costcutter and many more. This is where many of us are regularly doing local shopping, browsing the magazines and newspapers, and generally spending 20 minutes of our time. Even in…