The European Council has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.
The government appears set to re-evaluate its smart meter rollout plans after the Smart Meters Bill committee met to discuss the bill last week.
Yesterday came the symbolic moment that many in the smaller supplier market had been waiting for as SSE and RWE npower confirmed plans for a merger. However, with issues around competition in the GB supply market and a chequered history of consumer satisfaction, the fall of the Big Six to five may still be a way off.
Power market stakeholders have united to form a new alliance on smart power that has received ringing, cross-party endorsement from government.
The latest issue of EY’s Renewable energy country attractiveness index (RECAI) was released earlier today, offering the Big Four consultancy’s latest views on the international energy market. Bringing together experts from within EY and externally around the world, here are the main takeaways from RECAI 50: The retail energy revolution.
Following last week’s energy system overhaul announcements from the government, Liam Stoker stresses that it will be down to energy companies and providers – and not Westminster – to truly enact change in our power market.
The Department for Business, Energy and Industrial Strategy and the energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system.
UK investor Foresight Group has sought to tempt investors into its new fund which is aiming to finance the UK’s roll out of smart meters.
Octopus Energy has launched what it calls the UK’s first ‘transparent’ tariff which provides customers with a daily update of wholesale gas and electricity prices, adjusting the price they pay accordingly.
A new digital energy company is seeking to undercut traditional ‘Big 6’ companies with a renewable supply offer delivered “at cost” offering both carbon and financial savings to customers.
Nearly two-thirds of UK businesses are significantly concerned by energy utilities’ approach to data security and would switch if they fell victim to a cyber attack, PricewaterhouseCoopers research has found.
Independent utility Tonik Energy is to partner with battery storage manufacturer Powervault to trial a new ‘storage tariff’ in the UK market.
More than a quarter of non-domestic properties in the UK now have smart or advanced meters installed by their utility, however there remains a considerable amount of work if the residential market is to hit its 2020 target.
Wirral Council has announced plans to become the latest local authority to set up its own energy company and will likely seek an established licensed supplier to offer gas and electricity under its own brand, dubbed ‘Wirral Energy’.
Renewables and distributed generation the ‘new power reality’ for utilities
‘Big Six’ energy utility SSE has sought to reassure customers after a smart meter software upgrade caused some displays to show daily bills worth thousands of pounds.
Power giant Centrica returned to growth in 2016 as it continues to shift its focus towards more distributed power markets.
The Sunshine tariff project testing the ability of time of use (ToU) tariffs to promote domestic demand side response (DSR) has been completed with mixed results, suggesting homeowners are not able to shift enough demand to offset the need for grid upgrades.
British Gas Business has been fined £4.5 million for failing to fit 'advanced meters' for some of its larger business customers in time.
Carlo Gavazzi has introduced the EM340 3 phase energy meter, the EM300 Series which utilises touch screen technology making standard user operations such as page scrolling, programming and parameter checks not only simpler but faster; as well as, easier to read avoiding any mechanical issues normally associated with using traditional keypads.
As the energy and environment manager for Northern, a passenger rail franchise overseeing almost 500 stations, Gareth Williams oversees the company’s award-winning environmental and sustainability strategy. Here he outlines his top tips to energy managers looking to secure board-level finance.
Vodafone will seek to ramp up its energy efficiency measures both within the company and among its customers after revealing its greenhouse gas (GhG) emissions and energy consumption increased over the past year.
A government report has said that energy regulator Ofgem must conduct an impact assessment before any mandatory enforcement of switching to half-hourly settlement can take place.
Glasgow-based Smart Metering Systems (SMS) has signed five new framework agreements with independent energy suppliers.
UK energy provider OVO Energy has awarded a £5.5 million contract to Trojan Utilities which will see the company install hundreds of thousands of smart meters in homes and businesses.
Amber Rudd has claimed good progress is being made on the government’s smart meter roll-out initiative, which she says will be “of huge advantage” to energy bill payers in the UK.
Major communications provider O2 is to enter the UK’s domestic energy management sector by launching AT&T’s ‘Digital Life’ product.
Energy suppliers have been given more time by the government to roll out smart metering on smaller non-domestic sites after around two-thirds of responses to a consultation opposed the government’s plans to retain the end-date in April 2016.
The European Investment Bank (EIB) is to part-fund the UK’s push to install smart meters in every home and business by 2020.
Energy utilities are increasingly diversifying their business models and transitioning towards service companies, Quby’s chief commercial officer Ronald Carpentier has said.