E.On has promised to replace its standard variable tariff (SVT) with a fixed term tariff, initially for smart meter customers. People having a smart meter installed will be offered a one-year fixed tariff. Existing smart meters customers will also be…
Flash update
Fortum closes in on acquisition of E.On’s remaining stake in Uniper
by New Power •
E.On has said that it is now in ‘advanced negotiations’ over the sale of its remaining stake in Uniper to Finnish utility Fortum. Agreement may be reached this year, the company said. E.On currently owns 46.65 % of Uniper, the…
Longread
Auto-switching: what now for Flipper?
by New Power •
You need scale to play in the energy industry. Nigel Evans and Steve Smith, directors of auto-switching service Flipper, think the company will be able to step up to hundreds of thousands – or even millions – of customers now…
News
Ideas wanted: WPD opens network data to app developers
by New Power •
The OpenLV project wants app developers to use data from Western Power Distribution to help customers and the network operator. OpenLV, led by Western Power Distribution and EA Technology, is trialling an open software platform in electricity substations that can…
News
Gateshead and Centrica add battery storage to energy centre
by New Power •
Centrica has completed installation of 3MW of battery storage at the Gateshead Energy Centre. The storage is owned by Gateshead council and Centrica will manage it under a 10 year contract, providing flexibility services for the grid and eventually meeting…
News
Customer research: energy is the most active switching market
by New Power •
The energy sector has the highest number of switchers across customer sectors, according to new research from Echo Managed Services. In a survey of 1000 customers the services company found that 38% of consumers had reviewed or switched supplier in…
News
Eurelectric warns over plans to ‘void’ UK ETS allowances after Brexit
by New Power •
Uncertainty over the UK’s participation in the EU Emissions Trading Scheme (ETS) beyond 2019 “is causing issues in the market now”, said Eurelectric. But it warned that plans to ‘void’ UK emissions trading scheme allowances could have unintended consequences. Last…
News
First co-located PV/battery installations gain ROC accreditation
by New Power •
Ofgem has given the growing electricity storage industry a boost by agreeing that some solar PV farms can gain Renewables Obligation certificates for all the power they produce, including that being used to charge storage devices. The regulator said decisions…
News
Industry calls for more energy-from-waste support as Brexit pressure adds to management ‘gap’
by New Power •
The UK should re-examine its energy from waste strategy in the light of Brexit and the opportunities that advanced conversion technologies (ACT) offer, the industry says. A report from waste management company Suez noted that the percentage of waste being recycled was growing (from single digit in the 1990s to an expected target of…