Our Power goes bust
Our Power has ceased to trade. The Edinburgh-based supplier was set up in 2016 with backing from the Scottish Government. It was owned by...
SSE calls for network operators to come clean on profit, tax and ownership
Scottish & Southern Electricity Networks has urged distribution network operators to become more transparent about how they spend customers' money, the tax they pay...
Payments voluntary while Capacity Market suspended, says Beis
Energy suppliers will not be subject to mandatory payments to meet Capacity Market levies while the fate of the market is being determined, Beis...
Energy: How incoming change will impact your strategy
Energy policy and regulation – what you need to know and how incoming change will shape your business strategy and bottom line
The continued rate...
Brown power can receive smart export guarantees
Government has lowered the threshold at which suppliers have to offer customers with small-scale generation export payments. Meanwhile, it says brown power can receive...
Energy efficiency: Make firms show they have acted on Esos, say MPs
MPs have urged government to make energy efficiency a national infrastructure priority to stand a chance of hitting net zero targets.
The Beis Select Committee...
Siemens partners with Beis and local authorities to try to finance net zero
Siemens has signed a partnership agreement with UK100, a network of 94 UK mayors and council leaders, to work with the Department of Business,...
Ofgem chases Robin Hood Energy for £9m in overdue payments
Ofgem has ordered Nottingham Council-owned Robin Hood Energy to pay £9.5m in overdue Renewables Obligation payments before the end of the month.
The regulator is...
Beis seeks views on £315m industrial energy fund rules
Government seeks views on the final design of a £315m industrial energy fund, announced in 2018, set to open for bids in 2020.
The fund...
Net zero: Aurora calls for carbon tax and transparent flex markets
Consultancy Aurora has suggested a carbon tax and genuine, transparent flexibility markets will be required to deliver decarbonisation by 2050.
Its latest analysis suggests more...
Ofgem confirms plans for new network charges
Ofgem has confirmed that it will make businesses pay for the ability to use the network via a banded fixed charge and end payments...
Ofgem confirms £97.5m renewables obligation shortfall
The Renewables Obligation buyout fund was £97.5m light for 2018-19, Ofgem has confirmed, with many of the companies that owe money now defunct.
That leaves...
UK bosses less convinced about climate change growth opportunity
Chief executives around the world increasingly believe climate change and the need to mitigate its worst effects will present opportunities to create products and...
Audit office confirms Ofgem too generous with DNOs
The National Audit Office has confirmed persistent industry criticism that Ofgem has been too generous with regulated energy networks, allowing them to make excess...
The Capacity Market: What happened, what next
LCP’s Kyle Martin provides a review of the T-3 Capacity Market auction, and its implications for upcoming auctions.
The T-3 Capacity Market (CM) auction recorded...
T-1 capacity market auction clears at £1
The capacity market auction for delivery next winter cleared at £1/kW/year.
The low price reflects a large volume of capacity, around 3GW, bidding for a...
Leadsom out, Sharma in at Beis
Alok Sharma is the new secretary of state for business, energy and industrial strategy (Beis). Andrea Leadsom is out.
Beis minister Chris Skidmore has also...
Royal Society: ammonia could power shipping, district heating and storage
Converting high carbon diesel engines in ships to run on clean ammonia would slash carbon emissions, according to a report from the world’s oldest...
Commercial coal generation at Drax to end in 2021, group confirms
The Drax power plant will cease commercial coal-fired power generation in March next year, four years ahead of the UK’s deadline to quit the...
Capacity market clears at £15.97
The capacity market auction for delivery in four year's time cleared at £15.97.
The outturn is significantly higher than recent longer term auctions, but some...