The Carbon Trust has launched a new fund to enable small businesses across England, Scotland and Wales to replace energy inefficient equipment. The £7m fund is available to SMEs on a first come-first served basis, and will offer energy saving training,…
News
Community generator Mongoose plans to become an energy supplier
by New Power •
Community energy company Mongoose has announced plans to start an energy supply business, planned to launch before the end of the year. The supply business will be run in partnership with locally-run community benefit energy companies across the UK. “We…
News
Government pledges £1.9bn to protect data, systems and networks from cyber attacks
by Annabel Andrews •
The government has announced plans to spend £1.9bn to defend the UK’s data, systems and networks from cyber attacks. In the final report on delivery of its previous five year cyber security strategy (Cyber Security Strategy 2011-2016), the government said…
Flash update
Green Deal “increased costs without any meaningful benefit”, according to National Audit Office
by Annabel Andrews •
The National Audit Office today concluded that the Department of Energy and Climate Change’s (Decc) Green Deal has not achieved value for money. The scheme, which cost taxpayers £240 million including grants to stimulate demand, has not generated additional energy…
From the monthly Report
Is there a ‘big data’ future for energy suppliers?
by New Power •
Can energy companies take advantage of the opportunity that big data presents, or are they slow-acting incumbents that will be undercut?
Flash update
European Commission criticises member states’ capacity mechanisms
by Annabel Andrews •
“Unnecessary and badly designed capacity mechanisms can distort competition, hinder electricity flows across borders and lead to consumers overpaying for electricity,” that’s the verdict of the European Commission’s interim report of its inquiry into electricity capacity mechanisms. The report specifically studied…
News
E-serve spin-off planned for autumn
by New Power •
Ofgem’s ‘E-serve’ delivery body will be separated from the regulator and its future set out as part of a new ‘delivery landscape’ by the time of the Autumn Statement. The Department of Energy and Climate Change (Decc) says in a…
News
DEME to buy 2 per cent stake in Tidal Power Scotland for £2m
by Annabel Andrews •
Belgian offshore construction specialist DEME Group has agreed to buy a 2 per cent stake in Tidal Power Scotland, the Scottish tidal development company owned by Atlantis Resources, for £2m cash consideration. As part of the transaction, Atlantis and the…
Flash update
Government invites views on extending fuel poverty programme to all energy suppliers
by Annabel Andrews •
The department of energy and climate change is inviting views on whether it should remove the participation threshold for the warm homes discount, which would make all energy suppliers liable for the costs of the scheme to combat fuel poverty.…