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From day one council-backed energy retailers have faced questions over their viability. Following high-profile losses, upheaval on company boards and now the appointment of advisors at two such suppliers, are we seeing the dying embers of this particular experiment? Adam John looks for answers in the cases of Robin Hood Energy and Bristol Energy, as well as talking to Together Energy's Paul Richards about his partnership with Warrington council and to experts about the future for white label agreements with local authorities.
The post Will we ever see another council-backed energy supplier? appeared first on Utility Week.
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SSE chief executive, Alistair Phillips-Davies sets outs the company’s recommendations to government, aimed at ensuring the green recovery is the centrepiece of the post-pandemic economic fightback
The post SSE’s greenprint for a cleaner, more resilient economic recovery appeared first on Utility Week.
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SSE has urged government to use “robust” carbon pricing to decarbonise the power sector by 2040 and bring forward the ban on sales of new petrol and diesel cars and vans to 2030. The energy company, which has exited domestic supply to focus primarily on renewable generation, transmission and distribution, also urged policymakers and regulators Read more...
The post SSE: Decarbonise power by 2040, ban petrol and diesel car sales by 2030 appeared first on theenergyst.com.
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SSE has submitted a five-point action plan to the government, aimed at putting the net-zero journey at the heart of the post-pandemic economic recovery. In it, the company says that setting a new target for decarbonising the power sector by 2040 could be the cornerstone of any green recovery.
The post SSE urges government to target net-zero power sector by 2040 appeared first on Utility Week.
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In our latest review of sector coverage across the national newspapers, Ofgem is urged to defer an estimated £500 million bill for balancing costs arising from Covid-19; energy suppliers warn of the impact of rising delinquency rates among business customers and an appeal against new gas turbines being constructed at Drax Power Station is dismissed.
The post Weekend press round-up: Switching off power could be lights out for energy companies appeared first on Utility Week.
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Energy suppliers call for state bailout: 'Without help, we're powering towards a bloodbath' Telegraph.co.uk
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Renewable energy providers may be paid to switch off as demand plummets over bank holiday weekend The Independent
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BP's Looney halves top management roles in energy transition plan CNAView Full coverage on Google News
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Ofgem has reduced the allowed budget for the connection of the Hinkley Point C nuclear plant to the transmission network by £60 million. The Hinkley Seabank project will involve the installation of 49 kilometres of overhead power lines – mostly using the new “T-pylon” design rather than traditional lattice towers – as well as 8.5 kilometres of underground cabling through the Mendip Hills.
The post Ofgem cuts Hinkley connection budget by £60m appeared first on Utility Week.
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National Grid may ask suppliers to stop generating electricity due to record low consumption
Hundreds of renewable energy projects may be asked to turn off this weekend to avoid overloading the grid as the UK’s electricity demand plummets to record lows.
Britain’s demand for electricity is forecast to tumble to a fifth below normal levels due to the spring bank holiday and the shutdown of shops, bars and restaurants mandated by the coronavirus lockdown.
Related: Government will push for green coronavirus recovery, says Tory MP
Related: How renewable energy could power Britain's economic recovery
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The company that owns the Warhammer tabletop game has become as valuable as the owner of Britain’s largest energy supplier.
The post Warhammer owner becomes as valuable as parent of British Gas and Spirit Energy appeared first on Energy Voice.
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Analysis: How £35 million of public money was 'lost' to Bristol Energy The Bristol Cable
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Ofgem has exempted the electricity system operator at National Grid from a requirement under EU regulations to move to a 15-minute imbalance settlement period from the end of 2020. It said its cost-benefit analysis indicated the change would incur net costs to consumers of between €615 million and €1.82 billion.
The post Ofgem exempts ESO from move to 15-minute settlement period appeared first on Utility Week.
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Document showing the data sources and methodologies used to produce domestic energy price statistics.
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Renewables generated more than 40% of Britain's power in the first three months of the year - overtaking fossil fuels for the first time, analysis shows.
The post Renewable energy powers 40% of UK as it outstrips oil and gas for first time, analysis shows appeared first on Energy Voice.
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SSE has argued for the deferment of a £500 million industry bill caused by a lack of energy demand during the coronavirus pandemic.
The post SSE argues to defer ‘unprecedented’ £500m Covid-19 bill appeared first on Energy Voice.
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Talks are believed to be underway between Ofgem and energy suppliers over the possibility of suspending network charges for three months. Neil Cornelius, managing director at global consulting firm Berkeley Research Group (BRG), warned such plans could risk retailers building up additional debts.
The post Network payment holiday risks creating ‘zombie energy suppliers’ appeared first on Utility Week.
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The government has introduced the Corporate Governance and Insolvency Bill in Parliament.
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SSE Generation has put in a request to National Grid ESO to defer the additional Balancing Services Use of System (BSUoS) costs caused by COVID-19.
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?While COVID-19 looks set to hurt renewable growth in the short term, it will not halt it according to a new report by the International Energy Agency (IEA).
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We're seeking views on ways to relax certain Capacity Market obligations and deadlines, reduce the burden and minimise terminations during COVID-19.
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We're seeking views on proposals for making changes to the Capacity Market Rules in order to comply with new EU carbon dioxide emissions limits.
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We're seeking views on changes to the Capacity Market’s design following the European Commission’s 2019 decision granting State aid approval for the scheme.
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Pace will slow for first time in 20 years with fewer windfarms and solar plants being built but rebound possible in 2021
The global growth of renewable energy will slow for the first time in 20 years due to the impact of the coronavirus pandemic, which will “hurt but not halt” the rise of clean energy.
The world’s energy watchdog has warned that developers will build fewer wind farms and solar energy projects this year compared with a record roll out of renewables in 2019.
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Energy industry braces for more job cuts following OVO cull Telegraph.co.ukView Full coverage on Google News
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Companies across the sector have a duty to help the 2,600 people who will be made redundant by Ovo Energy, the chief executive of Energy and Utility Skills has argued. Nick Ellins cited a skills gap of around 250,000 people within the sector which will need to be filled.
The post Ovo redundancies: Sector must rally around workforce appeared first on Utility Week.
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?Digital supplier Pure Planet has launched a new fixed tariff during a turbulent time for smaller suppliers.
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How renewable energy could power Britain's economic recovery The GuardianView Full coverage on Google News
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Ovo Energy is to make 2,600 staff redundant by the end of the year. The company cited customers switching to online self-management and a slump in home engineering visits exacerbated by lockdowns. However, cuts were on the cards since it paid £500m to acquire SSE’s domestic accounts in January. Voluntary redundancies are targeted. On what Read more...
The post Ovo axes 2,600 jobs appeared first on theenergyst.com.
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?OVO Energy has announced 2,600 redundancies, as COVID-19 puts pressure on the company’s integration of SSE Energy Services.
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Foreign firms gobble up renewable energy plants in Vietnam VnExpress International
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The UK’s second largest energy supplier, Ovo Energy, is planning to cut 2,600 jobs following its merger with SSE, blaming
The post Ovo Energy to cut 2,600 jobs following SSE deal appeared first on CityAM.
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Firm says changes sped up by Covid-19 led to closures in Glasgow and Selkirk
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More than 2,000 employees of energy supplier SSE are set to lose their jobs as new owner Ovo announced sweeping redundancies across its business.
The post 2,600 jobs to go after OVO buys SSE Energy Services appeared first on Energy Voice.
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The new owner of SSE's retail division says the lockdown has forced it to accelerate cost-cutting measures.
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Ovo Energy says the rapid change in consumer behaviour as a result of the lockdown has prompted the faster integration of its business with SSE Energy Services, meaning 2,600 roles are set to go in 2020. The GMB union has accused the company of a “betrayal of promises” made to workers when it completed the acquisition SSE’s retail arm at the start of the year.
The post Ovo announces 2,600 redundancies appeared first on Utility Week.
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US becomes the 'most attractive country for renewable energy investment' Energy Live News - Energy Made EasyView Full coverage on Google News
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Renewable energy investors increasingly look to UK, says report The GuardianView Full coverage on Google News
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Decision to lift blocks on wind and solar projects has boosted ‘attractiveness’ ranking
The UK has become more attractive to renewable energy investors following the government’s decision to lift its block on financial support for onshore wind and solar projects.
Related: New renewable energy capacity hit record levels in 2019
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Ovo Energy is understood to be making 215 staff redundant from its Home Services division. According to the GMB union, the retailer is planning to outsource the work instead - a move it described as Ovo wanting services “on the cheap”.
The post GMB accuses Ovo of ‘betrayal’ over redundancies appeared first on Utility Week.
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App-based energy supplier Pure Planet will introduce more tariff offerings to its customers, after currently only offering one variable tariff. A fixed tariff will go live in June, with more planned in due course.
The post Pure Planet unveils new tariffs appeared first on Utility Week.
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?Double charging of battery storage is to end, as Ofgem approves changes to the Connection and Use of System Code (CUSC).
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Ofgem has approved a series of temporary changes to gas settlement arrangements to manage the effects of the coronavirus pandemic. The modifications to the Uniform Network Code (UNC) all emerged from a specially convened session of the UNC distribution workgroup held in April.
The post Ofgem approves temporary changes to gas settlement appeared first on Utility Week.
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Green Star Energy is to compensate more than 7,000 customers after failing to issue them with the terms of their supply contract within a reasonable time. The supplier is now in the process of paying compensation of £30 to each affected customer in recognition of poor service and the fact that these customers did not receive welcome packs.
The post Green Star Energy to pay £750,000 following licence breaches appeared first on Utility Week.
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Ofgem has permitted Ovo Energy to recoup £711,000 of costs incurred as result of SSE’s appointment as the supplier of last resort for Brilliant Energy. The claim was made by Ovo Energy following its acquisition of SSE’s retail business for £500 million in September 2019.
The post Ovo Energy allowed to recoup partial costs of taking on Brilliant Energy customers appeared first on Utility Week.
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Ofgem has approved a modification to the Connection and Use of System Code that will end the double charging of storage for balancing services as promised by the regulator almost three years ago in its smart systems and flexibility plan. The amendment will mean storage operators only pay Balancing Service Use of System charges on exports of electricity and not imports too as is currently the case.
The post Ofgem finally ends double charging of storage for balancing services appeared first on Utility Week.
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Intel aims to use renewable energy and end landfill use by 2030 Daily MailView Full coverage on Google News
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ElectraLink said the massive decrease began at the end of March meaning that April saw a decrease in non-essential installations of almost 95 per cent compared to the same month in 2019. There were fewer than 12,000 installations in April, all of which were essential and would have needed justification such as restoring supply to a site or rectifying a fault.
The post Smart meter installations see 95% drop during lockdown appeared first on Utility Week.
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Industry debunks Michael Moore's renewable energy documentary myths Power TechnologyView Full coverage on Google News
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Sasol calls for IPP bids to supply 600 MW of renewable energy to South African operations Creamer Media's Engineering NewsView Full coverage on Google News
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Due to social distancing measures to ensure the safety of households and field engineers, non-essential smart meter installations were heavily reduced from late March. As a result, April 2020 saw a decrease in smart meter installs of almost 95 percent compared to the same month in 2019.
There were fewer than 12,000 installations in April, all necessary events that would have needed justification such as restoring supply to a site or rectifying a fault.
The post Smart meter installs down 95 percent as non-essential visits halted appeared first on ElectraLink.
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Monthly data on the number of certificates issued for generation under the Renewables Obligation.
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EDF’s managing director of retail Philippe Commaret talks to Utility Week about restarting field operations and how the industry will have to overcome a reluctance from the public to permit workers in their homes. He also discusses plans to re-introduce furloughed workers.
The post EDF: Industry needs to win back customer confidence in smart meter rollout appeared first on Utility Week.
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There is no “utopian answer” to meet the UK’s 2050 net zero goal as the solution will require a “whole host of technologies”, the boss of a utility giant has claimed.
The post No ‘utopian answer’ to net zero conundrum as ‘whole host of technologies’ needed, Scottish Power chief says appeared first on Energy Voice.
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?Octopus Energy is expanding the services offered under its Electric Juice brand with the launch of a new roaming service.
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Energy Transition Index 2020: the countries powering change World Economic ForumView Full coverage on Google News
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Ofgem has published a draft direction which outlines an updated framework for the Data Communications Company’s performance incentives. The regulator is now consulting on a revised OPR framework, including proposals for incentivising DCC’s system performance under four new outcome-based measures, broken down by meter type and region where relevant.
The post Ofgem outlines DCC performance regime direction appeared first on Utility Week.
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Eon doubled group first quarter revenues after bringing Innogy into the fold. Revenues stood at £15.6bn with earnings up 34 per cent to £1.29bn. However, Eon’s UK operation fell from a £57m profit last quarter to a £12m loss after it bought troubled supplier Npower onto the books. Eon took possession of Npower last year, Read more...
The post Eon doubles revenues, but Npower pushes UK business into loss appeared first on theenergyst.com.
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Panorama - Just Plain Wrong: The false claims, errors and outdated information that is Planet of the Humans Renewable Energy MagazineView Full coverage on Google News
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The moment of truth for global energy transition is here World Economic ForumView Full coverage on Google News
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Energy Transition Index 2020: from crisis to rebound World Economic ForumView Full coverage on Google News
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- SA still lags behind in readiness for energy transition Business Day
- EGEB: Here are the top 10 countries leading the move to green energy Electrek
- U.S. Faces Second Year Of Decline In Global Energy Transition Index Forbes
- Navigating the renewable energy transition after a pandemic World Economic Forum
- The moment of truth for global energy transition is here World Economic Forum
- View Full coverage on Google News
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We’re seeking views on the proposal to defer to 2021 quarter 1 part of the amount of the increase in electricity suppliers' obligations for 2020 quarter 2 which would otherwise be collected in July by the Low Carbon Contracts Company.
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Independent energy consultant Stephen Cirell takes a look at Power for People’s Local Electricity Bill, asking whether it could make a real difference to the sector.
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We showed last month how the effects of COVID-19 and lockdown measures had begun to impact consumer behaviour and participation in the energy market, after a severe drop in switches started in March 2020.
According to data published today from the Energy Market Data Hub (EMDH), GB switching continues to be negatively impacted as April 2020 recorded both month-on-month and year-on-year decreases in switches started and completed:
There were 481,000 changes of supplier (CoS) completed in April.
The post Energy supplier switching in April continues to fall appeared first on ElectraLink.
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Energy firm SSE has awarded more than half it's £1 million support fund to communities across the UK and Ireland as part of the firm's Covid-19 response.
The post SSE awards more than half of £1m Covid-19 support fund appeared first on Energy Voice.
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Octopus Energy customers told to 'use more electricity' ahead of May bank holiday demand slump inews
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The UK public continue to support the growth of renewable energy, a new poll has shown.
The post Continued high level of public support for renewable energy, new poll shows appeared first on Energy Voice.
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Ofgem has given preliminary approval to a request from Scottish and Southern Electricity Networks for £23.4 million of funding to remove several stretches of overhead power lines from a national park in Scotland and replace them with underground cables. The regulator said its initial view is that the project is “economical, efficient, and justified”.
The post Ofgem approves removal of overhead power lines from national park appeared first on Utility Week.
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Ofgem said social distancing measures meant suppliers may not be able to carry out their obligations and therefore become exposed to levies. Two levies have been suspended in total and will remain so until further notice.
The post Ofgem suspends supplier charges due to coronavirus appeared first on Utility Week.
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Council-backed energy supplier Robin Hood Energy has appointed Deloitte to advise the company as part of a strategic review, Utility Week can reveal. The supplier, owned by Nottingham City Council, is the second such retailer to announce it has appointed advisors this week, with Bristol Energy bringing in Ernst and Young.
The post Robin Hood Energy appoints advisors appeared first on Utility Week.
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?E.On has revealed that its Industrial and Commercial unit is to combine with npower’s Business Solutions arm.
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?E.On has revealed that its Industrial and Commercial unit is to combine with npower’s Business Solutions arm.
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- Planet of the Humans: Could the Michael Moore documentary hurt the energy transition? Eco-Business
- The Important Debate Planet of the Humans Misses The New Republic
- David Staples: Green activists finally admit that green power is polluting and inefficient Edmonton Journal
- Michael Moore: Earth Will Take ‘Revenge’ on Mankind for ‘Trying to Choke It to F**king Death’ Breitbart
- A Miraculous Turn of Events Townhall
- View Full coverage on Google News
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- 3 Reasons To Invest In Renewable Energy Now CleanTechnica
- COVID-19: States Moving Forward with Green Energy Laws The National Law Review
- Op-Ed: Renewables can power our post COVID-19 pandemic world ESI Africa
- View Full coverage on Google News
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A poll commissioned by the regulator found 56 per cent of respondents believe they are using more energy than normal for the time of year, rising to 75 per cent among families with children. Despite this only 35 per cent have given consideration to the likely impact of this on their bills.
The post Ofgem warns of ‘bill shock’ on the horizon appeared first on Utility Week.
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As an app-based supplier, Pure Planet is already well-versed in solving customer issues without the need for call centres. The retailer's three co-founders talk to Utility Week about how coronavirus is forcing other suppliers to follow their digital lead. They also share their thoughts on the need for flexibility from networks and how methods of expanding help to vulnerable customers are already staring the industry in the face.
The post Pure Planet: Perfect time for ‘dash to digital’ appeared first on Utility Week.
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Eon UK is combining its business retail arm with Npower Business Solutions as part of the merger between the two energy giants. The move will create one of the UK’s largest business energy retailers, with both brands having around 57,000 I and C customers combined.
The post Eon and Npower business arms to merge appeared first on Utility Week.
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National Grid ESO's Grid Code modification request regarding disconnecting embedded generation is urgent, Ofgem has ruled, with a final decision expected before the end of the week.
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Eon and Npower’s business energy supply units are to merge. Npower’s business supply unit was originally left out of the deal which saw its domestic retail division being rolled into Eon after the German parent companies did an asset swap. However, Eon said it now makes sense to bring everything under one roof. “Bringing together Read more...
The post Eon and Npower’s industrial and commercial businesses to merge appeared first on theenergyst.com.
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Bristol City Council has appointed EY to conduct “a full and thorough assessment of Bristol Energy’s structure and future business viability”. That structure may lie outside of council ownership, if a buyer can be found. The news comes six weeks after the council brought in Allan Booth to try and turn the tide at the Read more...
The post Bristol Energy appoints EY to ‘assess future business viability’ appeared first on theenergyst.com.
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Tyneside abandoned coal mines to be transformed into multimillion-pound renewable energy system www.businessgreen.com
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VLO: 2 Energy Companies That Continue to Rally Off Lows StockNews.com
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Council-backed power supplier Bristol Energy has appointed Ernst and Young as financial advisors. Managing director Marek Majewicz was terminated as a director earlier this year and replaced with turnaround specialist Allan Booth.
The post Bristol Energy appoints advisors appeared first on Utility Week.
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?Bristol City Council is said to be looking to sell on its utility business, Bristol Energy, during a tough time for energy suppliers.
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