Electricity customers have received two £12 payments via the Government Electricity Rebate scheme. Ofgem E-serve, which administered the scheme, said it was pleased with the process. But one new supply company said the cost of administering the rebate placed an…
News
Ofgem consults on changes to tariff options
by Annabel Andrews •
Ofgem has put out its final proposals aimed at helping customers make informed choices about their energy tariff. The consultation forms part of the regulator’s commitment to rely more on enforceable principles rather than detailed rules about how suppliers should run…
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Code adminstrators facing major industry change call on Ofgem for leadership
by New Power •
The energy industry’s code administrators face a ‘crunch’ in delivering arrangements for major change in the next two years, along with huge political and regulatory uncertainty, at a time when the code arrangements themselves are in flux. “Ofgem needs to…
Flash update
Competition offers funding to energy transition startups – closes 31 January
by New Power •
Start-ups have until 31 January 2017 to submit their entries for the international ‘Start Up Energy Transition Award’, from the German Energy Agency. The competition is open to any ideas that promote energy transition and worldwide climate protection.They should be…
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Ten thousand businesses ‘missing out on energy flexibility ‘cashback’ opportunity’
by New Power •
More businesses can save money by avoiding power ‘congestion charging’ and shifting their use, say companies who help them deliver the service. One such, SmartestEnergy, said it had estimated that nearly 10,000 UK businesses could each potentially save £20,000 or…
Flash update
£28 million in funding up for grabs as BEIS opens competitions for storage, demand response and flexibility innovations
by New Power •
The Department for Business, Energy and Industrial Strategy has invited expressions of interest in £289 million of funding to develop storage, demand side response and flexibility technologies, and to speed up their delivery. A new competition has £9 million up…
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Innovation Exchange aims to cut offshore wind costs with disruptive technologies from outside the sector
by New Power •
The Offshore Wind Innovation Hub has launched its first programme, the Offshore Wind Innovation Exchange (OWIX). It aims to accelerate cost reduction in offshore wind by matching industry challenges with innovative solutions adapted from other sectors of the economy. This…
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Cost of offshore wind falls 32% in five years
by Annabel Andrews •
The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK Government and industry target of £100 per megawatt hour (MWh) four years ahead of schedule, according to a new report…
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British Gas Business pays out £9.5 million after new billing system hits customer service
by New Power •
British Gas Business is to pay £9.5 million in redress for failings in its registrations, complaints handling and billing processes for its 400,000 business customers. It will make direct payments to affected micro-business customers, and payments to the charity the…