SSE and retailer Dixons Carphone have joined forces to develop ‘connected home’ solutions. They will use Dixons Carphone’s after-care service Knowhow, and digital platform honeyBee. The partners say the combination aims to bring connected home benefits to everyone, “not just…
News
E.On, Shell and and Schlumberger invest £5m in kite power generation firm
by Annabel Andrews •
E.On, Shell and and Schlumberger have invested £5m in British start up Kite Power Systems (KPS), which makes high-altitude wind power generation technology. This latest investment will support the company’s plans to deploy a 500 kilowatt power system at West Freugh in…
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Lightsource offers rooftop PV buyback and fixed price contracts for on-site array hosts
by New Power •
Lightsource Renewable Energy wants to invest up to £600 million over the next five years in buying solar assets from households and businesses, to diversify its revenue streams. The company said it would offer owners of residential and commercial rooftop…
News
Manufacturers call on government to publish annual energy statement
by Annabel Andrews •
Britain’s manufacturers have called on the government to make a series of reforms, including re-instating the annual energy statement, as part of its commitment to an industrial strategy, amidst new survey evidence showing a lack of confidence in the future security…
News
Ovo pays £58,000 for service failings
by New Power •
Ofgem has agreed a redress package with Ovo Energy rather than take enforcement action over poor service. The supplier’s agents missed appointments with customers, or turned up late, and then failed to compensate them as required by Ofgem. The failings…
Flash update
Capacity Market auction: two new gas-fired plants and 1GW of new storage
by New Power •
The T-4 Capacity Market auction closed yesterday at a clearing price of £22.50. The price was slightly above that of the last two years, but well below the hopes of those who were looking for a level of at least…
News
Quad Gas Group consortium buys National Grid’s gas distribution networks
by Annabel Andrews •
The Quad Gas Group consortium that has agreed to acquire a 61% interest in National Grid’s gas distribution network (GDN). The consortium is made up of UK and international institutional investors, including International Public Partnerships Limited, Allianz Capital Partners, Dalmore Capital Limited, Macquarie Infrastructure…
Editor's blog
Time to leave energy ‘evolution’ behind and lead the revolution
by New Power •
I’ve heard government and industry talk about ‘evolution, not revolution’ so often in the energy and electricity industries. It’s time to admit it is the other way around. I think the ‘evolution’ idea is intended to make sure investors are…
Flash update
What are companies doing to address the energy skills shortage?
by New Power •
The energy industry faces a skills shortage, according to specialist recruitment consultant Utility People. The problem of attracting people with the right skills into the industry has been well known for many years. But now UtilityPeople believes the problem has…