Ombudsman Services: Energy today publishes said energy company complaints increased to 65,168 in 2015 compared to 52,937 in 2014. The ombudsman said: “The figures follow a turbulent year for the energy industry, with mounting consumer dissatisfaction, market investigations and Ofgem-imposed…
News
Energy storage crucial for a low carbon energy system, says Renewable Energy Association
by Annabel Andrews •
Energy storage could help lower energy costs, ensure security of supply and increase penetration of variable renewable generation, according to a new report by KPMG for the REA. Recent substatial reductions in the cost of energy storage mean that large…
News
E.On cuts gas price by 5.1 per cent and claims Britain’s cheapest energy tariff
by Annabel Andrews •
E.On has announced a 5.1 per cent reduction in its standard gas price. All four of its dual fuel tariffs will be reduced. The company said the move made its new one year fixed dual fuel product the cheapest on the market…
Longread
From the archive: Swansea’s tidal lagoon – how does it work and where are the costs?
by New Power •
Tidal Lagoon’s Swansea Bay project is at once “innovative” and “tried and tested”, depending on whether it is looking for subsidy or investment. Janet Wood took a look at the project
News
Scottish CCS hub “a unique opportunity for the UK”
by Annabel Andrews •
Scottish Carbon Capture and Storage (SCCS) has outlined proposals for a Scottish CO2 storage hub, which could eventually store liquefied CO2 from across Europe. The hub would serve as a central collection point for CO2 emissions from different sources across Europe, from where…
News
Big six still providing poor customer service, according to Which
by Annabel Andrews •
The most recent Which? energy company satisfaction survey shows that the six largest energy retailers provide a poor level of customer service, while smaller energy suppliers continue to be rated highly by customers. The overall average customer score was 53…
Flash update, Perspective
HM Treasury’s tax relief change has dealt a body blow to the community energy sector
by New Power •
Philip Wolfe, chairman of Westmill Solar Co-operative and Community Energy England, says the community energy sector has been treated unfairly. It shows government does not understand how the energy industry is changing
News
Climate change ‘biggest global risk over coming decade’, says World Economic Forum
by New Power •
Climate change, and fears over lack of mitigation or adaptation, has been rated the top risk on the World Economic Forum’s 11th annual Global Risk Report – higher than weapons of mass destruction. What is more, it was closely linked…
News
E.On to sell UK exploration and production business to Premier Oil
by Annabel Andrews •
E.On has signed an agreement to sell its UK exploration and production subsidiaries to Premier Oil for $120 million (£83 million). The portfolio includes stakes in 40 licenses, including a 5.2 per cent interest in the Elgin-Franklin field, a 47…