SSE fined £2m over wholesale market inside information breaches
Ofgem has fined SSE £2.06m over wholesale market inside information breaches.
The fine relates to disclosure around a Black Start contract with National Grid. SSE...
Ovo cops bill for SSE’s missed smart meter targets
Ovo will pay £1.2m in redress after SSE Energy Services failed to meet its smart meter installation target for 2019.
Ovo acquired the SSE’s domestic...
Flexitricity founder on what National Grid’s Future Energy Scenarios are really saying
Back in 2016, New Power carried this headline: “Ofgem tells National Grid: ‘We are not “Going Green”’.” That regulatory smackdown of National Grid’s annual...
Carbon capture and storage: Don’t just focus on clusters, industry urged
Policymakers and proponents of carbon capture and storage (CCS) as a means of decarbonising industry need to come up with a comprehensive plan, and...
Lack of Hydrogen strategy holding back net-zero Britain
In a letter to Business Secretary Alok Sharma, Philip Dunne MP, Chairman of the Environmental Audit Committee (EAC) has stated that the lack of...
Hydrogen focus could boost offshore wind
Analysing National Grid’s Future Energy Scenarios (FES), published last week, Cornwall Insight has evaluated the relationship between electricity demand to produce hydrogen and installed...
Ofgem sets out plans to protect small businesses, but stops short of regulating brokers
Ofgem is today expected to set out plans to give the UK’s smallest businesses better protection from miss-selling and profiteering by energy brokers.
The regulator,...
Former Ofgem chief Alistair Buchanan becomes Electricity North West chairman
Former Ofgem chief executive Alistair Buchanan will become chairman at Electricity North West in October.
Buchanan spent a decade helming the regulator. On his watch...
Ofgem tightens up gas and power transmission spending, networks aghast
Ofgem has set out plans for less lucrative price controls for gas networks and electricity transmission operators from 2021.
The draft five-year framework intends to...
Equinor to decarbonise Hull with hydrogen, if government provides right deal
Norwegian-state owned Equinor is planning to build a 600MW hydrogen production plant near Hull.
The facility will turn methane, also called natural gas, into hydrogen...
Policy certainty, a green recovery plan and investment in technology
To mark one year since net zero by 2050 was signed into UK law, npower Business Solutions (nBS) has launched a new report -...
Why local authorities should look at hydrogen to hit net zero
Large-scale hydrogen storage can enable the rise of renewables while bringing benefits to local authorities, transport companies and electricity suppliers, says Mark Griffin, hydrogen...
CCC: End ICE age by 2032, re-skill Britain ‘before climate window closes’
Advancing the UK’s ban on sales of new petrol and diesel vehicles to 2032 - three years earlier than planned - is among urgent...
Aurora: Hydrogen can meet half of UK energy demand
Hydrogen produced from both renewables and methane can meet 48 per cent of UK final energy demand by 2050, calculates Aurora Energy Research.
Green hydrogen...
Energy firms and PwC push government for green recovery investment plan
Energy firms have joined the chorus of businesses urging government to step up green spending in a bid to create jobs, reduce carbon and...
Take nuclear option or blow net zero, warns Energy Systems Catapult
Britain may have to spend big on next generation nuclear to secure Net Zero, adding between 10GW and 50GW before 2050, innovation think tank...
Government to set sharper annual targets for smart meter installs
Government will set suppliers sharper annual targets in a bid to stop the smart meter rollout losing steam.
The programme originally targeted a smart meter...
Hydrogen lobby warns Sunak not to let UK get left behind
Big business has urged the Chancellor to back a UK-wide hydrogen strategy and unlock thousands of jobs and billions in investment.
In a letter to...
Government eyes role of CHP in net zero world
Government is consulting on the role of combined heat and power (CHP) plants in a net zero economy.
CHP plants burn fuel – mostly gas,...
Push harder on flexibility and half hourly settlement, firms tell Ofgem
A group of energy and technology companies have urged Ofgem to show “leadership” and expedite market-wide half hourly settlement to unlock flexibility from small...