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Yu Group chief executive Bobby Kalar believes movements within the energy market are creating the perfect opportunities for the company to pursue its growth ambitions. Kalar was speaking to Utility Week following the acquisition of Bristol Energy's business customers.
The post Yu Group: Energy market is ‘ripe for a shakeup’ appeared first on Utility Week.
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Following yesterday’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition;
The post Equinor aims to retain ‘leading’ energy transition role with new CEO, says GlobalData appeared first on Energy Voice.
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Energy regulator Ofgem has announced the appointment of three directors as part of its new corporate structure. Last year Ofgem set out in its strategic narrative that it needed to move towards a more “efficient, flatter leadership structure”.
The post Ofgem announces senior appointments as part of restructure appeared first on Utility Week.
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?Octopus Energy has chosen Amazon Web Services (AWS) as its preferred cloud provider.
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In the midst of a heatwave, the idea of needing to turn your heating on might seem ludicrous. But the chillier days of Autumn aren’t all that far away and,...
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?Yü Group has bought Bristol Energy’s B2B customer book, adding 4000 meters to its portfolio.
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Yü Energy has acquired Bristol Energy’s business customer book, some 4,000 meter points, following a competitive tender. Bristol City Council is also seeking a buyer for its larger residential business following sustained losses. Yü Energy’s business also hit the ropes two years ago, when it discovered serious issues with its treatment of aged and bad Read more...
The post Yü acquires Bristol Energy’s business customer book appeared first on theenergyst.com.
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Boss of hospital fittings and equipment supplier receives nine-year disqualification after he was caught breaching his previous ban.
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Yu Group has acquired Bristol Energy’s business customers, covering 4,000 meters across c1,500 businesses. Yu has paid an upfront £1.24 million for the customer book and as part of the deal has acquired £1 million of customer debts, to be paid to Yu later this month.
The post Yu Group acquires Bristol Energy business customers appeared first on Utility Week.
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Senior civil servants described Government's smart meter roll out as a 'beta programme' in private Telegraph.co.uk
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A University of Leeds study has discovered that energy suppliers typically hand over at least £25 in commission to comparison websites each time a customer switches to a new deal.
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- Energy bills to fall by up to £95 a year for millions of households as regulator reduces price cap The Independent
- Energy bills to fall by average of £84 a year as watchdog cuts price cap on suppliers to record low Daily Mail
- Household energy bills reduced as demand falls | News The Times
- Energy bills are about to get cheaper - when it starts and how much you'll save Bridport and Lyme Regis News
- It's official: Ofgem has lowered the energy price cap - but you could save more on your bills now TechRadar UK
- View Full coverage on Google News
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EDF Energy prolongs outages at Dungeness and Hunterston units : Regulation & Safety World Nuclear News
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Decision by the Secretary of State on an application by VPI Immingham B for a gas fired power Station at Rosper Road, Immingham.
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Change of Supplier (CoS) data published today from the Energy Market Data Hub (EMDH) shows a continued recovery in switching activity from the slump that occurred during the early and middle stages of the UK’s COVID-19 lockdown. Challenger brands have fared particularly well following the easing of the lockdown.
July 2020 produced 543,000 switches completed, up 16 percent from June 2020’s 470,000 switches completed.
The post Challenger energy suppliers make gains as switching leaps in July appeared first on ElectraLink.
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Ofgem has dropped the price cap limit by £84 for standard variable tariff customers and £95 for prepayment customers, it was revealed today.
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The price cap for gas and electricity bills is lowered by energy watchdog Ofgem as wholesale costs fall.
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Andrew J, from Swindon, has voiced his frustration at the energy firm, after it has continually sent estimated bills to his mother, who lives in an assisted living building.
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The price cap will fall by £84 from £1,126 to £1,042 per year for the winter period (October-March). This is the lowest level of the cap since it was introduced on January 1 2019.
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Ofgem has said it will slash bills for around 15 million households by as much as £95 as the regulator reduced its cap on energy bills to their lowest level yet.
The post Energy bills set to drop by up to £95 as Ofgem cuts price cap appeared first on Energy Voice.
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Energy bills: Millions set to see 'big savings' as price cap lowered BBC NewsView Full coverage on Google News
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September marks a year since Ovo Energy unveiled its Plan Zero pledge to halve its customers’ carbon footprints by 2030. Utility Week catches up with Kate Weinberg, Ovo’s director of sustainability, to discuss how technology and the green recovery is helping meet the target and why Covid-19 should not distract us from the threat of climate change.
The post Plan Zero: How Ovo is fighting climate change appeared first on Utility Week.
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?OVO Energy has appointed Jonson Cox as non-executive director of its recently created board.
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?Social Energy has teamed up with UK Power Networks (UKPN) to develop a smart grid, offering customers batteries as part of a new trial.
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Experts predict that Ofgem will drop the price cap limit by £85 - but add that households could save hundreds of pounds by switching to a fixed tariff instead.
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Best energy tariffs: Ofgem price cap limit drops by £95 This is MoneyView Full coverage on Google News
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Two Scottish property developers have been disqualified after failing to pay tax on land deal.
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Experimental statistics on average road fuel sales and stock levels.
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Covid throws smart meter rollout into chaos Telegraph.co.uk
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Don, 87, pays out £1,174 to two energy firms in eight months after signing 25-year Solarplicity deal Stoke-on-Trent Live
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In our latest round-up of industry appointments, Ofwat chair Jonson Cox takes up a role with the Ovo Energy board and SSEN appoints a former Northumbrian Water director to head up operations in its southern distribution network.
The post On the Move: Ofwat chair to join Ovo board; SEEN appoints new director appeared first on Utility Week.
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Nottingham City Council has absorbed a loss of more than £24 million from its investment in Robin Hood Energy, mainly by writing off loans to the supplier. The company is currently undergoing a strategic review in which “all options” for the business are being considered.
The post Nottingham City Council absorbs £24m loss from Robin Hood Energy appeared first on Utility Week.
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?Nottingham City Council has written off its energy supplier Robin Hood Energy’s £24 million debt.
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The post Covid stimulus will create more demand for green energy – but what is really green – and what isn’t? Alan John and Deborah Harvey from Osborne Clarke explain
The post Build Back Better: Shades of green for renewable energy appeared first on Utility Week.
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Ofgem has today published three decisions relating to the price protection provided to default tariff and prepayment customers.
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UK government and Valneva confirm multi-million-pound up-front investment in Livingston manufacturing facility.
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Edinburgh-based challenger brand People’s Energy is creating 100 new jobs in Selkirk after taking over the recently vacated Ovo Energy offices in the town. Husband and wife founders of People’s Energy, Karin Sode and David Pike, said they spotted an opportunity when Ovo closed its Ettrick Riverside building in May.
The post People’s Energy to create 100 jobs after taking over Ovo office appeared first on Utility Week.
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Claiming to be the first of its kind, the Home and Smart EV bundle also gives new electric vehicle owners the UK's lowest priced overnight fixed rate, according to Tonik.
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As electric vehicle (EV) charging deployment ramps up and speeds continue to increase, energy storage to support this could reach a global installed capacity of 1,900MW by the end of 2029.
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Cheap, Cool & Crazy Electric Cars at CHENGDU MOTOR SHOW | FULLY CHARGED for Clean Energy & EVs fullychargedshow
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The business plans to announce further recruitment over the next few months
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Local authorities can bid for funding under this scheme to improve the energy efficiency of low-income households in their area.
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?The Energy Networks Association (ENA) has launched a new consultation into flexibility, to drive standardisation in local energy markets.
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The Small Business Leadership Programme and Peer Network scheme aim to enhance resilience and recovery from the impact of COVID-19, and enable SMEs to develop their potential for future growth and productivity.
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?Tonik is launching an EV charging bundle that separates the cost of charging and standard home energy in what it is lauding as a UK first.
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Keynote address by Alok Sharma, Business Secretary and COP26 President, at the Let's Build Back Better event hosted by the British High Commission Wellington.
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The Energy Networks Association is seeking views on the standardisation of local energy markets across Britain as part of its long-running Open Networks project. The organisation said the work will “turbo charge” the growth of flexibility, which it described as the “bedrock” of the future power grid.
The post Networks consult on local energy market standards appeared first on Utility Week.
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As the UK begins to emerge from lockdown, there have been calls from business leaders and senior figures in government for ‘Building Back Better’ – an initiative aimed at ensuring the Coronavirus recovery plan prioritises climate change.
The post How nuclear energy will be crucial in achieving net-zero carbon emissions post-Coronavirus appeared first on Energy Voice.
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New Legislation Set to Accelerate Renewable Energy Industry Business News Wales
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Open up offshore windfarm subsidy scheme, urges Scottish Power The GuardianView Full coverage on Google News
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CEO wants limit on 2021 auction scrapped to help power green economic recovery
One of Britain’s biggest wind power developers has called on the government to scrap the limit on its next offshore wind subsidy auction to help power a green economic recovery, claiming it will not lead to a rise in energy bills.
Scottish Power has urged government officials to open up next year’s offshore wind subsidy auction to as many new projects as possible in order to deliver a “huge wave” of investment and jobs following the pandemic.
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When Joy Thomas was told she needed her energy meter replaced five years ago with a 'smart' one, her supplier said she'd be able to save money by seeing live data of her power usage.
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When Joy Thomas was told she needed her energy meter replaced five years ago with a 'smart' one, her supplier said she'd be able to save money by seeing live data of her power usage.
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Professor and former energy regulator Stephen Littlechild asks whether it is worthwhile requiring energy retailers to publish quarterly complaints statistics when there are questions over both its consistency and actual value.
The post Ofgem’s customer complaints: Is anyone listening? appeared first on Utility Week.
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Tonik Energy has launched a new tariff which separates home energy usage from electric vehicle (EV) usage in what it claims is a UK first. Birmingham-based Tonik’s Home and Smart EV tariff includes smart EV charger installation, home energy and a separate EV charging rate.
The post Tonik Energy launches smart EV charging bundle appeared first on Utility Week.
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NI couple share their self-build dream house journey - from renewable energy to the built-in bathroom TV Belfast Live
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We're seeking views on a proposed extension to the climate change agreements (CCA) scheme, and on potential reforms were there to be a future CCA scheme.
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This implementation plan provides an outline of the electricity market in Great Britain and the measures being taken to address market distortions and failures.
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Engenie is the second electric vehicle charging firm to join Octopus Energy’s roaming network, adding rapid chargers to the lamppost chargepoints already available. Launched in May with Char.gy onboard, The Electric Juice network aims to make it easier for EV drivers to charge without juggling multiple apps – instead adding charge costs to their home Read more...
The post Engenie joins Octopus Energy’s EV charging network appeared first on theenergyst.com.
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In the latest in our Customer Centric interview series Adam John speaks to Mark Royle, co-founder and chief executive of Manchester-based Zebra Power. From ensuring a swift response to enquiries to making every effort to retain its young workforce, Royle tells Utility Week about the secrets to their success.
The post Customer Centric: Zebra Power appeared first on Utility Week.
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Ofgem gives final approval for subsea interconnector Shetland News
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Summaries of advice given under the business appointment rules to applicants at SCS2 and SCS1 level and equivalents.
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?Ofgem is targeting local electricity transformation in its distribution proposals for the next five years.
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Ofgem has revealed it is exploring several different models for planning strategic net zero investments by electricity distribution networks as part its sector-specific methodology consultation for RIIO ED2. The regulator said they could see distribution network operators adhere to a national pathway to net zero or develop their own regional energy plans in partnership with stakeholders.
The post Ofgem explores net zero planning models for local electricity networks appeared first on Utility Week.
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Statistical press release to announce the publication of the 2020 edition of the Digest of United Kingdom Energy Statistics (DUKES) and 2 other publications.
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Digest of UK Energy Statistics (DUKES) 2020: chapters, annexes A to J and long-term trends
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DUKES: statistics on foreign trade.
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DUKES chapter 1: statistics on overall energy production and consumption.
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DUKES chapter 2: statistics on supply and demand for coal and manufactured solid fuels.
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Ofgem to ‘turn your street green’, with proposals to transform Britain’s local electricity networks for a cleaner, fairer energy system.
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Citizens Advice, in its role as the official watchdog for energy consumers, has responded to Ofgem's latest announcement on the RIIO-ED2 electricity distribution network price control.ens advice
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New gas-fired power not needed as renewable energy expands, grid operator says The GuardianView Full coverage on Google News
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Octopus Energy has announced electric vehicle (EV) charging network operator Engenie has joined its electric juice network. Electric juice is a consolidated network of charge point providers which allows drivers to use multiple charge points and pay with a single bill.
The post Octopus adds Engenie to EV billing network appeared first on Utility Week.
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?SSE has appointed Sir John Manzoni as its new chair of the board, bringing “hugely valuable” experience in both the public and private sectors.
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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, however, will stop short of fully regulating the market. Its proposals are set to include obliging suppliers to only work with brokers that have signed up to an alternative dispute Read more...
The post Ofgem sets out plans to protect small businesses, but stops short of regulating brokers appeared first on theenergyst.com.
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Citizens Advice, in its roles as the official consumer watchdog for domestic and microbusiness energy consumers, has responded to Ofgem’s announcement of proposals for new protections for microbusinesses.
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I chased them several times and someone arrived seven hours later. He said he could not fix it and suggested putting a bucket under it. I then rang a local plumber who fixed it and charged £80.
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Ofgem has unveiled a series of measures designed to protect millions of microbusiness customers from “unscrupulous” energy brokers, as well as enabling smoother switching. The announcement follows Ofgem’s review of the microbusiness energy market which it started last year.
The post Ofgem to strengthen protections for microbusinesses appeared first on Utility Week.
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Some businesses are paying thousands of pounds more than they need to in broker commission charges
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Fugro has begun the geophysical survey phase for a major offshore wind project as part of a £55 million site investigation contract.
The post Fugro begins work on £55m contract for Scottish Power Renewables appeared first on Energy Voice.
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SSE has appointed John Manzoni to succeed Richard Gillingwater as chair of its board, the energy company has announced. Manzoni, formerly chief executive of the civil service and permanent secretary to the cabinet office, will take on the role from 1 April 2021.
The post Former Civil Service chief appointed as SSE chair appeared first on Utility Week.
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The world looks very different from when the last version of the Future Energy Scenarios was published, with huge changes both positive and negative rocking the industry. Alice Grundy explores the changes the industry has faced – as well as the ones yet to come – and how they have informed this year’s FES.
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