Changes announced to the reformed Renewable Heat Incentive (RHI) have been welcomed by the renewable heat industry. The government announced that solar heat would still be supported by the new scheme and support will increase for large and industrial biomass projects.…
Author Archive for Annabel Andrews
NI Utility Regulator revokes Open Electric’s supply licence
by Annabel Andrews • • Comments Off
NI energy supplier Open Electric has ceased trading and had its licence revoked by the NI Utility Regulator. The company’s customers will now transfer under supplier of last resort arrangements to Power NI, which is the price-regulated supplier in Northern Ireland.…
BayWa r.e. sells three UK solar farms with a total capacity of 30MW to Greencoat Solar
by Annabel Andrews • • Comments Off
BayWa r.e. has sold three of its UK solar farms with a total capacity of 30 MW to Greencoat Solar I LP, a newly-established vehicle managed by Greencoat Capital. The projects are located in south Wales, Cornwall and Kent. BayWa r.e.…
Over 90% of SSE and Utility Warehouse customers on expensive standard variable rate tariff
by Annabel Andrews • • Comments Off
According to a new league table published by Ofgem, Utility Warehouse and Scottish and Southern Electricity (SSE) have the highest proportion of customers stuck on a standard variable tariff, with 94% of Utility Warehouse customers and 91% of SSE customers…
E.On, Shell and and Schlumberger invest £5m in kite power generation firm
by Annabel Andrews • • 1 Comment
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…
Manufacturers call on government to publish annual energy statement
by Annabel Andrews • • Comments Off
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…
Quad Gas Group consortium buys National Grid’s gas distribution networks
by Annabel Andrews • • Comments Off
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…
British Gas Business to pay £4.5m penalty for failing to meet advanced meter deadline
by Annabel Andrews • • Comments Off
British Gas Business will pay £4.5 million redress to the Carbon Trust because it missed its deadline to supply some larger business customers through advanced electricity meters by April 2014. The company has also agreed to increased monitoring of its progress on…
Drax plans to buy SME retailer Opus Energy
by Annabel Andrews • • Comments Off
Drax today announced plans to buy Opus Energy together with four Open Cycle Gas Turbine (OCGT) development projects. The announcement came in a trading update that also said Drax expects full year earnings before interest, tax, depreciation and amortisation (EBITDA)…
Centrica announces £19m programme to trial local energy market in Cornwall
by Annabel Andrews • • Comments Off
Centrica is to run a £19m programme in Cornwall to trial a local energy market. The project will test the use of flexible demand, generation and storage, and reward local people and businesses for being more flexible with their energy. Over the…