Tony Thornton, head of transformation at Gemserv, says a single Retail Energy Code could help support a simplified consumer-centric code governance model, but it must be implemented around a complex reform programme already under way. Aligning codes to function is a…
Author Archive for New Power
Vattenfall launches green energy offer for UK business customers
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Swedish energy company Vattenfall has launched a green energy supply product for UK business customers, to be called ‘Fresh’ (‘Flexible, Renewable Electricity, Supplied Honestly’). Vattenfall, which is 100% owned by the Swedish state and has over 6 million customers across…
Brexit ‘puts operation of the UK nuclear industry at risk’, warns Select Committee
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“The continued operations of the UK nuclear industry are at risk,” said Iain Wright MP, chair of the Business, Innovation and Skills Committee, because “The impact of Brexit on Euratom has not been thought through.” He said ministers must act…
Northern Ireland Affairs Committee warns over rising power prices
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Northern Ireland could face further rises in energy bills because it faces a deficit in electricity production by 2021, according to a report by the Northern Ireland Affairs Committee. It is crucial that the North/South Interconnector between Northern Ireland and…
Is hearing about smart meters more effective at energy saving than having one installed?
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It appears that knowing about smart meters, and thinking about having one installed, is very effective at getting people to take action to monitor their usage and take action. In fact, according to new research published by Smart Energy GB,…
CMA outlaws ‘anticompetitive’ agreement between exchanges denied merger
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The Competition and Markets Authority (CMA) has said it plans to halt closer co-operation between two commodity exchanges, Intercontinental Exchange (ICE) and Trayport. The CMA has already put the brakes on a merger of the two exchanges, saying it would…
Network operators seek freedom to invest in and manage energy storage
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Energy network operators should be allowed to own and operate batteries and other energy storage, the Energy Networks Association (ENA) has said in a response to the government’s consultation on an industrial strategy. Energy networks are currently barred from commercial…
OPINION: Energy networks are making too much profit
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Morgan Wild, senior policy researcher at Citizens Advice, thinks it is time for Ofgem to re-examine its assumptions. Market comparisons justify lower returns and reduced cost allowances in the next RIIO period Energy networks are making bumper profits. Ofgem’s…
New funding announced for low carbon and autonomous vehicles
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Seven low carbon vehicle projects are set to share £62 million in funding from the Advanced Propulsion Centre (APC), the joint industry-government programme to put the UK at the forefront of low carbon vehicle technology. The projects are led by…
Limejump joins Anesco in push to become UK’s largest battery storage operator
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Anesco and Limejump have announced plans to create the largest portfolio of battery storage in the UK. The two companies plan to bring 185MW of energy storage online by the end of 2018 to participate in the capacity market, as…