Juliet Davenport compares launching a company with jumping off a cliff, in ‘The Green Start-Up’, her new book for green entrepreneurs. She has drawn on her experience launching Good Energy in 1999 and working with other companies since then, in…
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Ofgem warns suppliers over ‘unacceptable’ remote switches to pre-payment
by New Power •
Ofgem director of retail Neil Lawrence has written to energy suppliers to warn them over reports that customers had been remotely switched to pre-payment mode. Lawrence said “The cases shared are so concerning, and placed consumers at such risk, that…
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FIT customers repaid £800,000 in unwarranted admin fees
by New Power •
Feed In Tariff customers who were wrongly charged fees by two companies are to be refunded. Good Energy is to refund over £453,000 to customers whose Feed-In Tariff (FIT) it administers and pay them compensation of £200,000. The customers, who…
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PAC says Ofgem is not fit for the future as customers’ bill for failing retail market set to rise from £2.7B
by New Power •
“Ofgem’s failure to effectively regulate the energy supplier market has cost households an estimated £2.7 billion – £94 per household – and the cost will increase when the future of Bulb is settled, according to the Public Accounts Committee (PAC).…
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ECIU calls for budget measures to boost home insulation and cut gas imports
by New Power •
Insulating the UK’s least energy efficient homes before 2030 could cut gas use by 384TWh for the following five years – three times the amount of gas (118TWh) that could be produced from newly approved North Sea fields over the…
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Equinor and Hitachi Energy formalise collaboration
by New Power •
Energy company Equinor and technology company Hitachi Energy have signed a strategic collaboration agreement. It includes developing standardised base designs for transmission systems to connect offshore wind farms to the onshore grid, including high-voltage direct current (HVDC) versions. The two…
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GridBeyond claims new trading and hedging service can slash business energy costs
by New Power •
GridBeyond has launched an energy trading and hedging service it claims can halve business energy costs. It says the new hedging service is part of a ‘whole of market’ offering to manage risk and optimise prices, alongside procurement and trading…
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Subsea cable factory will start operations near Blyth by 2024
by New Power •
Subsea cable suppler JDR has begun construction on a new factory near Blyth, Northumberland, which will be operational by 2024. The £130 million, 69,000m2 factory has been supported by the government as part of the BEIS Offshore Wind Manufacturing Investment…
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Solar farm acquired by host village, will pump £1M into local projects by 2040
by New Power •
A solar farm in Shropshire is now in community ownership with help from Triodos Bank UK. The 3.2MW solar farm in Sheriffhales was originally commissioned in 2016 by a commercial renewable energy company. In 2016 it was brought into part-community…