Juliet Davenport compares launching a company with jumping off a cliff, in ‘The Green Start-Up’, her new book for green entrepreneurs. She has drawn on her experience launching Good Energy in 1999 and working with other companies since then, in…
Author Archive for New Power
Ofgem warns suppliers over ‘unacceptable’ remote switches to pre-payment
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Ofgem director of retail Neil Lawrence has written to energy suppliers to warn them over reports that customers had been remotely switched to pre-payment mode. Lawrence said “The cases shared are so concerning, and placed consumers at such risk, that…
FIT customers repaid £800,000 in unwarranted admin fees
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Feed In Tariff customers who were wrongly charged fees by two companies are to be refunded. Good Energy is to refund over £453,000 to customers whose Feed-In Tariff (FIT) it administers and pay them compensation of £200,000. The customers, who…
PAC says Ofgem is not fit for the future as customers’ bill for failing retail market set to rise from £2.7B
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“Ofgem’s failure to effectively regulate the energy supplier market has cost households an estimated £2.7 billion – £94 per household – and the cost will increase when the future of Bulb is settled, according to the Public Accounts Committee (PAC).…
ECIU calls for budget measures to boost home insulation and cut gas imports
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Insulating the UK’s least energy efficient homes before 2030 could cut gas use by 384TWh for the following five years – three times the amount of gas (118TWh) that could be produced from newly approved North Sea fields over the…
Equinor and Hitachi Energy formalise collaboration
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Energy company Equinor and technology company Hitachi Energy have signed a strategic collaboration agreement. It includes developing standardised base designs for transmission systems to connect offshore wind farms to the onshore grid, including high-voltage direct current (HVDC) versions. The two…
GridBeyond claims new trading and hedging service can slash business energy costs
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GridBeyond has launched an energy trading and hedging service it claims can halve business energy costs. It says the new hedging service is part of a ‘whole of market’ offering to manage risk and optimise prices, alongside procurement and trading…
Subsea cable factory will start operations near Blyth by 2024
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Subsea cable suppler JDR has begun construction on a new factory near Blyth, Northumberland, which will be operational by 2024. The £130 million, 69,000m2 factory has been supported by the government as part of the BEIS Offshore Wind Manufacturing Investment…
Solar farm acquired by host village, will pump £1M into local projects by 2040
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A solar farm in Shropshire is now in community ownership with help from Triodos Bank UK. The 3.2MW solar farm in Sheriffhales was originally commissioned in 2016 by a commercial renewable energy company. In 2016 it was brought into part-community…
Arenko wins second Vattenfall optimisation contract
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Arenko has signed a second contract with Vattenfall. It will optimise a new 20MW/45.5MWh battery in Northumberland, co-located with a wind farm, which is expected to be energised later this year. Its first contract with Vattenfall, announced on 13 May,…