More than three-quarters (78%) of the over-65s have switched energy supplier at some point, making them some of the most active consumers in the energy market according to new research by the Energy Ombudsman. Customers who switched found the process straightforward,…
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Smart meter rollout: 2020 deadline now for meter ‘offer’
by New Power • • 2 Comments
By 2020 every domestic energy customer “will have had the offer of a smart meter”, secretary of state Greg Clark told EnergyUK’s annual meeting this week. That promise appears to water down a requirement for the smart meter rollout to…
Call for Evidence out on ‘smart flexible energy’. Clark promises industrial strategy ‘in next few months’
by New Power • • Comments Off
“We have to make sure the rules of the energy system don’t get in the way of innovation,” secretary of state Greg Clark told EnergyUK’s annual meeting as he announced publication of a call for evidence on ‘A smart, flexible…
Tesla latest company to introduce fee for charging electric vehicles
by Annabel Andrews • • Comments Off
Tesla has announced it will begin charging Tesla owners who charge their vehicles using its ‘Supercharger Network’. Tesla owners will still get 400kWh free supercharging credits (roughly 1,000 miles) each year. Once that amount has been used, drivers will pay “a…
Wind drives strong growth at Dong Energy in first nine months of 2016
by Annabel Andrews • • Comments Off
Dong Energy’s operating profit (EBITDA) for the first nine months of 2106 increased by 16% to DKK 17.2bn compared to the same period in 2015, while underlying operating profit increased by 24%. This was driven by a 53% increase in…
CfD round in April as coal phaseout takes shape: onshore wind excluded
by New Power • • Comments Off
The government has published a long-awaited suite of announcements on plans for a new Contract for Difference allocation round, whether there is justification for supporting onshore wind in Scottish islands, and the future of coal-fired generation. BEIS said an allocation round…
SSE avoids fine over competition concerns
by Annabel Andrews • • Comments Off
Ofgem has accepted legally binding commitments from SSE after its investigation into competition concerns at the company. The energy regulator investigated whether the company’s behaviour could have impeded competition for connecting new developments to its electricity distribution network in the South…
BEIS launches new £9m Energy Entrepreneurs Fund
by Annabel Andrews • • Comments Off
The Department for Business, Energy and Industrial Strategy (BEIS) has launched the fifth round of its Energy Entrepreneurs Fund, which will offer £9m in capitals grants to to support the development of innovative technologies in the areas of energy efficiency, power generation,…
Re-examine grid and trading rules to save £5 billion a year on system operation costs, says Policy Exchange
by New Power • • Comments Off
Maximising flexibility could reduce the cost of managing a decarbonised electricity system by £5 billion per year, Policy Exchange says in a new report, Power 2.0. That figure has been estimated by Imperial College researchers, it says, but but under…
NIC wants views on national infrastructure needs up to 2050
by Annabel Andrews • • Comments Off
The National Infrastructure Commission is seeking views to help shape the country’s first ever National Infrastructure Assessment. As well as questions on issues that cut across all types of infrastructure, such as resilience, the commission wants views on the following…