Ofgem has today published a contract notice for the procurement of an independent organisation to manage and allocate voluntary redress funds, which are paid to charitable bodies by energy companies in lieu of a penalty following wrong-doing or a failure…

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Centrica has announced a new venture, Centrica Innovations, that will identify, incubate and accelerate new technologies and innovations. The new business unit will include a venture fund of up to £100 million to invest in start-ups, in exchange for access to technology and entrepreneurial capability and resources.…

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Horizon Nuclear Power has called on US nuclear utility Exelon to provide  expertise as it develops its plans to build a new nuclear plant, Wylfa Nywedd, in Wales. Horizon is planning to apply for a site licence for the project.…

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EDF Energy said today that lower wholesale prices were behind a 29% reduction in operating profit for its UK business. In 2016, the firm brought in an underlying operating profit of £470m, compared to £664m in 2015. This figure does not include a…

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Toshiba, parent of the company planning to build a new nuclear plant at Moorside in Cumbria, has announced a $6.3 billion write-down for its US nuclear subsidiary Westinghouse. Reuters said that would “wipe out its shareholder equity and will drag…

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The government has stepped back from its proposal to cut the support for anaerobic digestion plants above 500kW. The government’s review of support for Anaerobic Digestion (AD) and micro-CHP originally suggested cutting the Feed in Tariff for AD plants sized 500kW-5MW to zero.…

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OVO has acquired US energy technology company Vcharge. The US company’s technology uses  algorithms to balance grid requirements with individual user requirements. The first application of the pioneering technology controls electric storage heating in social housing to better manage resident…

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Three street lights in London’s Royal Borough of Kensington and Chelsea have been converted into electric vehicle (EV) charge points in the start of a trial with UK Power Networks and Ubitricity. The installation allows two local residents to charge…

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The energy and utilities sector requires 221,000 new recruits by 2027, in order to provide the essential services its customers seek and the infrastructure the UK needs for its economic growth. Industry leaders have come together, as the Energy &…

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The EPSRC and Research Councils UK have issued an invitation for proposals designed to launch the next phase of the Supergen Programme. This is the first of a two-stage process designed to launch the next phase of the Supergen Programme.…

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