HM Treasury and BEIS have commissioned the Competition and Markets Authority (CMA) to assess how well competition is working across the UKs, in a review that will see new metrics developed. Once in place, an annual review of competition across…
Author Archive for New Power
Irn-Bru maker goes green with Vattenfall deal
by New Power • • Comments Off
Irn-Bru maker AG Barr has signed a deal with Swedish energy group Vattenfall to source fossil-free electricity to power its operations across the UK. The ten-year contract will provide 100% renewable electricity to AG Barr facilities including factories in Cumbernauld and…
Mitsubishi and Ovo offer ‘free power’ to cover 10k of electric driving
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Customers who purchase a new Mitsubishi Outlander PHEV before the end of March will get a £20 voucher each month towards electricity for two years if they switch their domestic supply to OVO Energy’s EV Everywhere bundle, the companies have…
From the monthly Report: Will there be any petrol stations in 2030?
by New Power • • Comments Off
In January 2020 New Power Report posed some key questions for 2030. In this article Janet Wood considers the first of those questions: will there be any petrol stations in 2030? Could this be the ultimate future for non-electric vehicles? “The…
Ofgem sets out decarbonisation ‘Action Plan’ – but is it playing catch-up?
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Setting out a nine-point ‘Action Plan’ for the next 18 months to deliver decarbonisation, Ofgem has tacitly acknowledged that it is currently ill-equipped to deal with the challenge. The regulator pointed out that the existing ‘Social and Environmental Guidance’ from…
OPINION: Is this a way to decarbonise heating?
by New Power • • 1 Comment
In the February 2020 issue of New Power Report, Jessica Ralston, policy advisor at the Sustainable Energy Association, asked for feedback on SEA’s new proposals to decarbonise domestic heating “It is imperative that carbon emissions must be dramatically reduced. And it is…
National Audit Office: electricity networks were ‘overpaid’ by at least £800M
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Customers have overpaid electricity network companies by £800 million since 2013 because Ofgem set the allowed rate of return too high, says the National Audit Office (NAO). NAO said Ofgem did not place enough weight on up-to-date market evidence when…
ClientEarth in High Court challenge over consent for new gas plants at Drax
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Development consent given to Drax Power to install four new gas turbines at its North Yorkshire site has been challenged in the High Court by environmental law charity ClientEarth. The charity says the government’s own planning authority said the UK’s…
Ovo Energy to pay £8.9M redress for years of incorrect bills and inaccurate information
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Ovo Energy whose £500 million acquisition of SSE’s customers makes it the second largest UK energy supplier, has agreed to pay £8.9 million in redress for wrongly charging customers and providing inaccurate or incomplete information to them for over five…
Utility Warehouse pays £650k in redress and refunds for overcharged Warm Home Discount customers
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Utility Warehouse overcharged 3,430 Warm Home Discount customers, due to a system error, and is to provide refunds and compensation totalling £450,000. Ofgem has announced. The supplier will pay a further £200,000 into Ofgem’s voluntary redress fund, “in recognition of the seriousness of the breach and…