A former 35 year old 30.5 Metre racing Catamaran, the Energy Observer, is now a floating laboratory for new green technologies or applications and an exemplar of the art of the possible today. Energy Observer’s Odyssey for the Future aims to accelerate energy transition through the deployment of renewable energies and green hydrogen. The visibility of Read more…
Cost still outweigh sustainability for UK energy managers
Less than one-fifth (18%) of UK energy managers say hitting sustainability targets is their number one business priority, according to a survey commissioned by Npower Business Solutions, Energy HQ. Despite the recent global attention on the environment and net-zero pledges from a number of UK companies, 48 per cent of energy managers admit saving business Read more…
Use universities as low-carbon energy test beds, says IMechE
The UK’s university campuses should be test-beds for low-carbon local-energy, as they combine academic expertise and large areas of land and buildings, according to a new report from the Institution of Mechanical Engineers. The report, Exploring the Evolution of Low-Carbon Local Energy says local energy is evolving from single projects such as solar farms, to systems that Read more…
Ofgem fines Engie Global Markets for failing to detect market manipulation
Ofgem has fined Engie Global Markets (EGM) approximately £2.1 million. An investigation found that EGM, acting through a trader working in the name and on behalf of EGM, had manipulated wholesale gas prices to increase trading profits. In November 2016, a market participant alerted Ofgem to suspicious activity on the wholesale gas market for Great Read more…
Cyan Finance plans EV splurge, hires former BP Chargemaster commercial chief
Cyan Finance has hired James Jean-Louis, formerly of BP Chargemaster, as it bids to significantly expand its footprint within electric vehicles and charging infrastructure. Jean-Louis will be Sustainable Finance – E-mobility Lead and is tasked with driving forward Cyan’s activities in the sector. Cyan said creating the role underlines its ambitions to fund a significant Read more…
Where’s your flexibility?
In the electricity market flexibility has become an everyday word thrown around at conferences, in meetings, and in the boardroom – but why do we need it? What is it? And where does it come from? asks Pöyry senior consultant Rob Lee. The electricity system in Great Britain and across Europe has been undergoing unprecedented Read more…
Bridging the gap to decentralised energy
Energy security and cost concerns are highlighted as key barriers for UK industry to realise the benefits of decentralised energy, according to a report launched by Aggreko. Entitled ‘Bridging the Energy Gap,’ the new report is the result of 200 key energy decision-makers across industry offering their views on decentralised energy in the UK. It Read more…
The time is now for onshore renewables
The time is now for onshore renewable energy according to renewable energy investment company, Thrive Renewables. Its 2018 Annual Report reveals a record turnover of £17 million, up 7% year on year, with a profitability of £5.37 million .The company’s portfolio generated 211,000 MWh of electricity. Thrive’s continued growth comes at a time when the cost of Read more…
Half day seminar can help businesses turn energy compliance into big savings
A recent report from energy consultants Inenco asked the question: does energy reporting really deliver carbon savings? The short answer is ‘yes’. And the good news is that the opportunity goes beyond carbon savings; Inenco’s research reveals that ESOS provides a real opportunity to identify energy savings measures which can help businesses control costs and Read more…
Energyst Event 1-2 May: Free seminars that earn CPD points
Gain expert insight on the developments that will directly impact your energy strategy at The Energyst Event, 1-2 May, Birmingham. Taking place at the Motorcycle Museum, Birmingham, it’s a conference and exhibition tailored to our readers. The event is free to attend, but you need to register here. Here are some of the free sessions Read more…
Energy and carbon reporting: Compliance is not enough
Businesses can unlock genuine benefit by going beyond the compliance aspect of compliance schemes and instead harnessing mandated reporting as a tool for energy, carbon and cost savings. Energy reporting is back in the spotlight in 2019, with the new Streamlined Energy and Carbon Reporting (SECR) framework launched in April and Phase 2 of the Read more…
New industry body aims to preserve effective competition for commercial metering businesses
The newly formed ‘Association of Independent Meter and Data Agents’ (AIMDA), launched today, is made up of seven of the UK’s largest, and competing, independent non-domestic customer metering and data collection businesses. AIMDA is to actively lobby OFGEM and BEIS to influence government policy making, and so preserve effective competition for the benefit of the customer Read more…
£8 million investment in maker of water efficient toilet
Investec and fund managers Earth Capital Partners (ECP) and Universal Partners (UP) have made an £8 million investment in Propelair, maker of a low water usage toilet. ECP, through its Nobel Sustainability Fund, was already an existing shareholder and has now increased its shareholding, whereas Investec and UP are new investors. They join the founder, Read more…
Lighting company fined £2.7 million for restricting online prices
The Competition and Markets Authority (CMA) has found The National Lighting Company (NLC) imposed a minimum price on online sellers, who then had to retail goods at, or above, this price. This kind of illegal practice, known as resale price maintenance (RPM), means customers miss out on the best possible prices and cannot shop around for Read more…
Grand National vs the Boat Race: generating enough energy to power 100,000 TVs
A racehorse completing the Grand National will use twelve times more energy than an entire Boat Race crew, according to new research released ahead of the upcoming sporting events, which fall just one week apart. British Gas Business research shows the average male Blue Boat rowing team could generate almost 2.3kWh during Sunday’s race, the Read more…
New BRE and ESTA guide helps businesses gain value from ESOS audits
A newly published briefing paper from BRE in collaboration with the Energy Services and Technology Association (ESTA) addresses the opportunities that an ESOS audit offers and how organisations can benefit from them. Aimed at businesses that don’t already have energy-savings measures in place, it provides guidance on how ESOS compliance processes can be optimised in Read more…
Business rates on rooftop solar installations could increase eightfold from April
The Solar Trade Association has warned that business rates taxes on commercial rooftop solar installations could increase eightfold next April unless ministers intervene. The association told the Financial Times last week of a looming “bombshell”. The change is coming due to a periodic re-evaluation of business rates, where the Valuation Office Agency looks at how assets are valued, Read more…
Cometh the Brexit, cometh the energy manager
Post-Brexit, the only certainty is uncertainty. The pound and the FTSE250 continue to slide and nobody knows what will happen to UK energy policy as it pulls away from the EU. Energy investors have been calling for certainty since electricity market reform (EMR) began almost six years ago. Now they have less certainty than ever. Read more…
Is there a business case for the ‘SDGs’?
As the European Commission kicks off Sustainable Energy Week, Toby Crewe, Sustainability Director, Schneider Electric, Energy and Sustainability Services, looks at the UN’s Sustainable Development Goals (SDGs) and the associated obstacles and barriers businesses face in achieveing these targets. The UN has set out 17 Sustainable Development Goals (SDGs) to achieve by 2030, addressing challenges Read more…
EU consultancy network launches
German energy consultant ISPEX has launched a European energy consultancy and procurement network that will allow pan-European organisations to access the best local buying and regulatory knowledge, claims CEO Dr Stefan Arnold. The annoucedment of the ISPEX Network is laudable and will be of use to multinational operators. But what are the implications for buying Read more…
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