Europe’s Agency for the Co-Ordination of Energy Regulators (ACER) has sent back proposals for a interlinked modeling of European gas and electricity markets, saying that “In the Agency’s view, the model is largely inadequate.” It said more work was needed…
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Extra Energy remains in bottom place for business complaints handling
by Annabel Andrews • • Comments Off
Extra Energy has come bottom of Citizens Advice’s complaints league table for business customers for the second time, receiving a ratio of 1231.2 complaints per 10,000 customers. The ranking measures how effectively energy suppliers are dealing with complaints from small business…
Work starts on CCGT at King’s Lynn
by New Power • • Comments Off
Siemens is to start work at Centrica’s mothballed King’s Lynn power station in Norfolk, where it will install a new gas turbine and carry out major refurbishment . Centrica confirmed the investment into the 370MW combined cycle gas turbine (CCGT) in…
Submission window opens for 2017 CfD allocation round
by New Power • • Comments Off
The submission window for applications into the 2017 Contracts for Difference (CfD) Allocation Round opened at 9am and will close at 5pm on 21 April. The EMR Delivery Body urged potential bidders to submit applications as early as possible so…
Competitive water market opens
by New Power • • Comments Off
Business customers should be able to switch and choose a supplier for their water from today. Eligible businesses, charities and public sector companies can choose to have one retailer for their water supply and another for wastewater services, or one…
Government publishes regulations to exempt energy intensive industries from CfD costs
by Annabel Andrews • • Comments Off
Regulations to save energy intensive industries around £100 million a year in energy costs have been laid in parliament today. The government expects the new measures to benefit over 130 eligible energy intensive companies across the UK in sectors including…
Offshore wind could contribute £2.9bn to UK economy by 2030
by Annabel Andrews • • Comments Off
The offshore wind industry could be worth as much as £2.9bn to the UK economy by 2030, according to a new report published by the Offshore Renewable Energy (ORE) Catapult. The economic Value of Offshore Wind: Benefits to the UK of…
Scottish Power signs up Actavo to deliver smart meters in the midlands
by New Power • • Comments Off
ScottishPower has signed up Actavo to help deliver almost a million additional smart meters across the Midlands over five years. Actavo will provide a full turnkey offering, to promote, generate and schedule appointments, manage and install smart meters. It will…
CMA rules out in-depth market investigation into price comparison websites
by Annabel Andrews • • Comments Off
The Competition and Markets Authority (CMA) has said will not escalate its study into digital comparison tools into a more in-depth market investigation. The competition authority said in an update that the remaining options are sufficient to remedy any issues that may be…
Inquiry announced as NDA’s decomissioning contracts collapse and it faces £12.5 million penalty
by New Power • • Comments Off
The Nuclear Decommissioning Authority (NDA) is to pay out £12.5 million to settle a dispute over how it awarded a £6.1 billion contract to decommission 12 closed nuclear power stations and separately terminate the contract awarded nearly a decade early.…