The National Audit Office today concluded that the Department of Energy and Climate Change’s (Decc) Green Deal has not achieved value for money. The scheme, which cost taxpayers £240 million including grants to stimulate demand, has not generated additional energy…
Longread
Is there a ‘big data’ future for energy suppliers?
by New Power •
Can energy companies take advantage of the opportunity that big data presents, or are they slow-acting incumbents that will be undercut?
Flash update
European Commission criticises member states’ capacity mechanisms
by Annabel Andrews •
“Unnecessary and badly designed capacity mechanisms can distort competition, hinder electricity flows across borders and lead to consumers overpaying for electricity,” that’s the verdict of the European Commission’s interim report of its inquiry into electricity capacity mechanisms. The report specifically studied…
News
E-serve spin-off planned for autumn
by New Power •
Ofgem’s ‘E-serve’ delivery body will be separated from the regulator and its future set out as part of a new ‘delivery landscape’ by the time of the Autumn Statement. The Department of Energy and Climate Change (Decc) says in a…
News
DEME to buy 2 per cent stake in Tidal Power Scotland for £2m
by Annabel Andrews •
Belgian offshore construction specialist DEME Group has agreed to buy a 2 per cent stake in Tidal Power Scotland, the Scottish tidal development company owned by Atlantis Resources, for £2m cash consideration. As part of the transaction, Atlantis and the…
Flash update
Government invites views on extending fuel poverty programme to all energy suppliers
by Annabel Andrews •
The department of energy and climate change is inviting views on whether it should remove the participation threshold for the warm homes discount, which would make all energy suppliers liable for the costs of the scheme to combat fuel poverty.…
News
Ofgem opens tender pre qualification for Burbo Bank Extension Ofto
by Annabel Andrews •
Ofgem has started the tender process for Offshore Transmission Owner (OFTO) Tender Round Four (TR4). The bidding process will decide who owns the transmission assets of the258MW Burbo Bank Extension wind farm. Burbo Bank Extension offshore wind farm will be 32 8MW…
Perspective
Auto-switching for energy customers is an opportunity: we must get it right
by New Power •
Ambitions on increasing customer switching run into one problem: it’s a tedious business, and one that can leave you uncertain, on switching sites, whether you really have got a better deal. New auto-switch services could change that. Last month Janet…
Perspective
Auto-switching services for energy customers: can they help build customer trust?
by New Power •
Ambitions on increasing customer switching run into one problem: it’s a tedious business, and one that can leave you uncertain, on switching sites, whether you really have got a better deal. New auto-switch services could change that. Last month Janet…