Regulator redistributes late payment fees in latest instalment of certificate scheme seen as too tough to navigate for smaller suppliers.
European countries have been told to "double" their renewable energy targets by 2030 or risk not meeting the Paris Agreement, according to a report due out next week.
The post European nations must ‘double’ renewable energy targets by 2030, report claims appeared first on Energy Voice.
Detailed plans have been submitted for what is said to be one of the first renewable energy parks of its kind in Scotland.
The post Ambitious new plans for green renewable energy park unveiled appeared first on Energy Voice.
Households could face an extra £4 charge on their energy bills after a series of supplier failures in the sector left customers and rivals to fill a black hole.
The post Failed energy firms could cause £4 a month rise in household bills appeared first on Energy Voice.
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 other suppliers to pick up the tab, although three firms – Nabuh Energy, Planet 9 Energy and Hudson Energy, which is now owned by Shell – paid £38.7m after the deadline, Read more...
The post Ofgem confirms £97.5m renewables obligation shortfall appeared first on theenergyst.com.
06 December 2019 @ 12:31
Ofgem is consulting on changes to both the content and format of the long term development statements which electricity network operators are required to publish each year. The regulator said improvements in the quality and availability of forecasting and planning data will be vital to the execution of a number of distribution system operator functions.
The post Ofgem mulls changes to electricity network forecasts appeared first on Utility Week.
?SmartestEnergy has announced its acquisition of small business energy supplier Dual Energy.
With renewable energy growing in importance, effective storage will be vital. And as costs continue to decline, the potential to [...]
The post Eight things investors need to know about energy storage appeared first on CityAM.
AFC Energy launches zero-emission H-power EV charger Power Engineering International
Smart meter data: How will the government use yours? This is Money
The north of Scotland was recognised as a renewable energy powerhouse last night as the Beatrice Offshore Wind Farm was handed a top award by Scotland’s renewable energy industry
The post Beatrice Offshore Wind Farm and Wheelhouse scoop Green Energy Award gongs appeared first on Energy Voice.
06 December 2019 @ 06:33
Smartest Energy has agreed to buy the business supplier Dual Energy for an undisclosed sum. Dual Energy focusses on serving smaller non-domestic customers and encouraging them to have smart meters installed to improve the quality and efficiency of service.
The post Smartest Energy buys business supplier Dual Energy appeared first on Utility Week.
Oil and gas firm will buy new shares from startup Lighthouse BP for undisclosed price
BP has increased its stake in British solar venture Lightsource BP as it prepares to strike a deal to power its offices with renewable energy from next year.
The companies announced plans to set up a 50:50 joint venture almost two years after BP made its return to the solar market by snapping up a 43% stake in Lightsource for £200m.Continue reading...
Citizens Advice has responded to new Ofgem data on unpaid energy industry bills left behind by failed suppliers. Alongside this, the charity has released new analysis showing consumers are now facing a £255m bill following the collapse of these firms, which will be paid through higher energy bills of their own.
05 December 2019 @ 15:32
First Utility, which later rebranded to Shell Energy, took on the customers of Usio Energy in October 2018. Ofgem is now consulting on its decision to allow the company to recoup £354,000 in costs.
The post Ofgem minded to allow Shell Energy to recoup £354,000 in SoLR costs appeared first on Utility Week.
HIE exploring renewable energy options for Cairngorm Strathspey Herald
05 December 2019 @ 12:00
Northern Powergrid has announced a new trial of an energy-saving transformer, which it says can reduce core losses by up to 90 per cent when compared to older devices. Distribution transformers are responsible for a quarter of network losses between generation and consumption, which in total account for 1.5 per cent of the UK’s greenhouse gas emissions.
The post Northern Powergrid to trial energy-saving transformer appeared first on Utility Week.
Britain’s drivers bought more electric vehicles last month than ever before, as demand for fully electric battery cars surged more [...]
The post Electric cars take record UK market share as battery-powered vehicle sales surge 228 per cent appeared first on CityAM.
From the sidelines of last month’s Everything EV Live London conference, Current± quizzed speakers and delegates to ascertain which piece of legislation they would change to further support the electric vehicle sector in the UK.
ScottishPower has unveiled a new hybrid power strategy for the UK and Ireland, combining solar and battery storage with wind on both existing and new sites.
Hydrogen power firm AFC Energy has launched a rapid electric vehicle hydrogen fuel cell charger aimed at areas where grid capacity is constrained, or lacking entirely. Firms installing rapid chargers nationwide have suggested around one in four sites are too constrained to accommodate infrastructure. Others have described finding suitable sites as akin to a game Read more...
The post Hydrogen fuel cell electric vehicle charger aims to solve capacity crunch appeared first on theenergyst.com.
- Hydrogen fuel cell electric vehicle charger aims to solve capacity crunch The Energyst
- New hydrogen system delivers off-grid electric car charging Yahoo News UK
- AFC Energy launches H-Power electric vehicle charging system, partners with British Motor Show 2020 Proactive Investors UK
- Power firm launches ‘off-grid’ system to bring electric car charging to remotest areas inews
- AFC Energy Launches Zero Emission H-PowerTM EV Charger System - FleetPoint
- View full coverage on Google News
BP has clinched a deal to supply renewable energy to the European data centres that drive the Amazon Web Services (AWS) cloud platform.
The post BP will supply renewable energy to Amazon Web Services appeared first on Energy Voice.
Renewables firm SSE has pledged to support ex-service personnel who are considering a future career in the energy sector.
The post SSE pledges to support Armed Forces with work after service appeared first on Energy Voice.
04 December 2019 @ 15:21
Scottish Power has revealed plans to install solar arrays and battery storage at its existing onshore windfarms as part of a new hybrid power strategy that seeks to make the best use of grid connections and land. The company said the “vast majority” of its future developments will also combine two or more of the technologies, including its current pipeline of more than 1000MW of onshore wind capacity.
The post Scottish Power to combine wind, solar and storage in hybrid projects appeared first on Utility Week.
2020 will be a big year for clean energy investment, with subsidy-free development under power purchase agreements (PPAs) starting to gain significant momentum, according to Jonathan Maxwell, CEO of Sustainable Development Capital Limited. SDLC launched sustainable energy investment fund SEEIT 12 months ago, initially raising £100m. Since then it has almost tripled in size while Read more...
The post SEEIT: 2020 will be a big year for renewable energy PPAs appeared first on theenergyst.com.
04 December 2019 @ 14:28
The price cap in energy has been cited as a major factor in the troubles engulfing Npower, which is set to cut up to 4,500 jobs as it merges with Eon. Utility Week print editor Suzanne Heneghan discusses the impact of the cap as it approaches its first anniversary.
Renewable energy is playing an ever-greater part in the mix of energy we use to power our daily lives. Potential [...]
The post Two lessons from the underperformance of alternative energy appeared first on CityAM.
Members of WeShutDown stand trial for blockading the Weisweiler plant. Some call it ‘ecoterrorism’, while others label it a masterstroke in the art of protest
A group of climate activists who shut down a lignite coal power plant in Germany said they had no regrets and were prepared to repeat the action, as they awaited the conclusion of their trial.
The activists from the group WeShutDown blockaded the Weisweiler power plant near Aachen for several hours on 15 November 2017, by halting its coal-carrying conveyor belts and diggers. The energy company RWE, which owns the plant, claims the shutdown cost it €2m.Continue reading...
The cheapest energy deal could save you £328 per year compared with the price cap in December. With your boiler working hard and central heating turned up, we’ve listed the cheapest gas deals from energy companies customers recommend.
03 December 2019 @ 20:38
Utility Week's Election 2019 Manifesto urges the next government to properly address the future of the default energy price cap. Specifically, a rigorous review which is independent of government and Ofgem should take place.
03 December 2019 @ 16:40
The group of companies which earlier this year acquired a 50 per cent stake in network operator Electricity North West have now agreed to buy the remaining half for an undisclosed sum.
The post New owners to take full control of Electricity North West appeared first on Utility Week.
03 December 2019 @ 15:43
Ofgem has launched a significant code review with the aim of consolidating the Master Registration Agreement and the Supply Point Administration Agreement into a single Retail Energy Code. The new code is intended to harmonise the switching arrangements between gas and electricity and make the process faster and more reliable.
The post Ofgem launches process to create Retail Energy Code appeared first on Utility Week.
Energy firms are charging customers an average of £87 a year more to pay on receipt of a quarterly bill rather than pay monthly via direct debit, new research has revealed.
Jo Butlin, MD of consultancy EnergyBridge, says Npower’s demise is symptomatic of a failing market. Government and Ofgem must act fast – before the wheels come off entirely. As the tragic news of 4,500 job losses from Npower reverberates around the UK, there is finally a real sense of shock and concern on the direction Read more...
The post After Npower, where next for UK energy retail market? appeared first on theenergyst.com.
The British Gas owner will add charging points to ten Volkswagen dealerships owned by Citygate. The sites are 'the gateway to London', said Centrica executive Carl Bayliss.
Demand-side response aggregator Flexitricity has appointed Simon Heyes as CEO, following Ron Ramage’s departure. Heyes, a mechanical engineer, has extensive renewable energy experience. He was general manager of SSE Renewables, spent six and a half years as wind energy development and construction director at Infinis and gained top level experience as chief executive of kite Read more...
Distribution network operators Western Power Distribution and Electricity North West are working on plans to connect substations together in order to create on-street rapid electric vehicle charging hubs. Consultancy Ricardo is also involved in the £5.6m trial funded under Ofgem’s innovation scheme that allows DNOs to spend money to develop a smarter power system. Substations Read more...
The post WPD and ENW plan substation arrays to power electric vehicles appeared first on theenergyst.com.
Some energy firms answer the phone to customers in less than a minute on average, while other gas and electricity providers keep you waiting more than 15 minutes. Is it faster to use live chat? Compare gas and electricity service.
02 December 2019 @ 20:51
Ofgem has announced the winners of the latest round of its Network Innovation Competition – now in its seventh year - awarding £21.2 million across one gas and two electricity projects. They include the latest phase of Northern Gas Networks’ H21 initiative to develop plans for the conversion of gas networks to run on 100 per cent hydrogen.
The post Hydrogen trial among latest winners of Network Innovation Competition appeared first on Utility Week.
Just two electricity projects have been successful in landing Network Innovation Competition (NIC) funding from Ofgem this year, with three rejected.
Simon Heyes joins Edinburgh firm Flexitricity to help firms sell surplus power to National Grid
A study involving Honda, Salford University, Good Energy and Upside Energy suggests vehicle-to-grid (V2G) revenues are eaten up by high hardware costs. As such, smart charging may deliver much of the available benefit for lower outlay – at least within domestic premises. The Haven trial looked at savings or revenues available to energy suppliers and Read more...
Why ‘100% renewable energy’ pledges are not enough Financial Times
The current problems in the power industry stem from meddling by Theresa May's government. Under pressure about energy prices, it effectively imposed a price cap.
Eon said it could cut nearly 80 per cent of the energy supplier's workforce and close a number of call centres in a radical and 'painful' £500m overhaul.
Centrica "s problems underlined by Npower retrenchment Proactive Investors UK
E.On's Q3 results show a 3% year-on-year drop in income, with 4,500 npower jobs to go as the supplier rings in changes.
Determinations made by the Secretary of State for Business, Energy and Industrial Strategy under regulation 49 of the Greenhouse Gas Emissions Trading Scheme Regulations 2012.
Eon has moved to stem big losses at Npower, planning major job cuts and removing CEO Paul Coffey. The company plans to fuse Eon and Npower back-ends, though Npower’s larger business customer unit will remain separate. “We will then be upgrading just one set of IT infrastructure instead of two separate systems and teams,” said Read more...
?Up to 4,500 jobs are going to be cut as part of npower’s restructuring, as E.On completes its takeover of the struggling energy provider.
Ofgem has published the results of the 2019 Annual Iteration Process which updates base revenues for energy network price controls.
This is Money readers have contacted us with complaints about the ex-supplier with many chasing both Extra Energy and Scottish Power for credits they say they never received.
E.On has announced major changes to its UK operations that will move Npower’s residential and small and medium-size enterprise customers to be served by E.On UK on a shared IT platform. Npower’s industrial and commercial customers will continue to be served separately.…
The next two weeks should see direct access to the Balancing Market (BM) opened up for distributed generation, aggregators and consumers Legally, a modification to the Connection and Use of System (Cusc) rules, now agreed by Ofgem, will introduce the concept…
Energy suppliers have failed to pay £38m in Capacity Market back payments. Some have already gone bust while others are teetering under the weight of outstanding Renewables Obligation levies. The deadline for suppliers to make ‘standstill payments’ of Capacity Market (CM) levies covering the period while the market was suspended passed on 22 November. Around Read more...
The post Capacity Market: 33 suppliers owe £38m in payments appeared first on theenergyst.com.
BEIS publishes comparisons of industrial energy prices by consumer size against other EU and G7 countries, using data from both Eurostat and the International Energy Agency (IEA).
BEIS publishes comparisons of industrial energy prices by consumer size against other EU and G7 countries, using data from both Eurostat and the International Energy Agency (IEA).
BEIS publishes quarterly and monthly consumer price indices of fuel components in current and real terms.
Weather statistics, tables ET 7.1 - ET 7.4 updated monthly.
Solid fuels and derived gases statistics from the latest quarterly edition of Energy Trends, tables ET 2.1 - ET 2.4 updated quarterly; tables ET 2.5 and ET 2.6 updated monthly.
Total energy statistics from the latest quarterly edition of Energy Trends, tables ET 1.1 - ET 1.3 updated quarterly (quarterly data); tables ET 1.1 and ET 1. 2 updated monthly (monthly data).
Electricity statistics from the latest quarterly edition of Energy Trends, tables ET 5.1, ET 5.2 and ET 5.6 updated quarterly; tables ET 5.3 - ET 5.5 updated monthly.
Gas statistics from the latest quarterly edition of Energy Trends, table ET 4.1 updated quarterly; tables ET 4.2 - ET 4.4 and Gas JODI updated monthly.
Oil and oil products statistics from the latest quarterly edition of Energy Trends, tables ET 3.1, 3.2, 3.4, 3.5 and 3.6 updated quarterly; tables ET 3.10 - ET 3.13 and UK submission for JODI updated monthly.
The deadline for suppliers to make ‘standstill payments’ of Capacity Market (CM) levies covering the period while the market was suspended passed on 22 November with around £38 million still owed to the Low Carbon Contracts Company (LCCC). LCCC had…
Fearing nationalisation below market rate, utilities are offshoring parts of their business. SSE has headquartered its transmission and distribution business in Switzerland. It described the move as protective, stating: “Switzerland is a party to the Energy Charter Treaty, and the incorporation of a Swiss company is also an additional safeguard, which SSE does not believe Read more...
The post Utilities take evasive action against nationalisation appeared first on theenergyst.com.
Renewable energy giant says it expects Tories to reverse their block on onshore generation
ScottishPower has begun plans for a major expansion of onshore windfarm projects across Scotland in anticipation of a government U-turn on support for wind power projects.
The renewable energy arm of the big six power supplier has already considered almost 100 sites for a new generation of windfarm, using a smaller number of more powerful wind turbines to generate clean electricity. Most of the sites are in Scotland, but the company is also considering plots in Ireland.Continue reading...
Ofgem has confirmed that it will make businesses pay for the ability to use the network via a banded fixed charge and end payments they can receive by helping suppliers avoid balancing charges. Firms with onsite generation have been able to reduce the amount they pay to use the power system, and have earned money Read more...
There’s been a lot of change in energy policy and regulations this year. Just look at this list of schemes that have started, stopped or been consulted on: Targeted Charging Review. Capacity Market. Renewable Obligation. Feed in Tariff. Smart Export Guarantee. Market Making Obligation. Carbon Reduction Commitment. Streamlined Energy Carbon Reporting. Non-domestic building regulations. Industrial Read more...
The post What direction will energy policy take next year? Free webinar to find out appeared first on theenergyst.com.
LCP’s Kyle Martin outlines key considerations for upcoming Capacity Market auctions and offers a view on what the European Commission’s mandated changes may mean. Reapproval of the Capacity Market The European Commission’s decision on the 24 October to confirm that the GB Capacity Market (CM) is compatible with State Aid rules was a relief for Read more...
Northern Powergrid is attempting to procure up to 100MW of flexible demand or generation via a reverse online auction. The minimum threshold is 100kW and the distribution network operator said it is keen to hear from major energy users such as factories or supermarkets, power generators, aggregators and those with storage assets. To be able Read more...
ElectraLink is delighted to announce that today we signed a contract with Western Power Distribution (WPD) and IBM to commence the Virtual Monitoring (VM) Data project.
The VM Data project, following our successful Low Carbon Technologies (LCT) Detection project completed earlier this year, will enable WPD to identify and monitor the status and distribution of electric vehicles and LCTs on its Low Voltage network by analysing data from ElectraLink’s Energy Market Data Hub (EMDH) using IBM’s advanced analytics services and IBM Watson Studio.
The post ElectraLink, WPD and IBM sign contract to deliver virtual network monitoring of EVs and LCTs appeared first on ElectraLink.
Following his appointment in October, Jonathan Brearley will start as chief executive on 1 February 2020.
Recent switching data from our Energy Market Data Hub (EMDH) shows 600,000 customers switched energy supplier in October 2019, 1% less than October 2017 and 5% less than October 2018. If we include Changes of Supplier (CoS) as a result of Supplier of Last Resort (SoLR) or trade sales, this number would be significantly higher, but we have actively removed these switches from our analysis as they are not an indicator of consumer behaviour.
The post ElectraLink publishes October 2019 switching figures appeared first on ElectraLink.
Last year, there were an estimated 16,500 winter deaths in Britain due to a lack of heating according to Ofgem. We look at three schemes available to vulnerable households and how to apply.
The roll-out of so-called 'smart' meters, designed to help us take control of our energy use, has been pushed back by four years to the end of 2024 after major problems.
The unregulated world of energy brokers is leaving small business owners open to scams but now charity Citizens Advice is demanding a shake-up in the industry.
Tuesday, 5 November saw us host our sixth Engagement Day – ElectraLink Host: Central solutions for a fast evolving utilities industry. The event was well received, with lots of positive feedback from over 100 industry attendees, our highest-ever attendance level.
We had plenty of topics to cover, ranging from the future of governance to the latest in technological innovation, with discussion throughout the day focusing on:
Empowering consumers and networks to deliver the energy transition
Putting data at the centre of future governance
Using existing infrastructure to address future challenges, which included:
our pilot programme with the water companies to enable Priority Services Register data to be exchanged between utilities;
our work to support the Faster Switching programme with the development of our adapter service, CSSConnect; and
creating your own data exchange through our innovative Data Transfer Service based tool FlowBuilder
Attendees participated in a lively panel discussion, pitching questions to our fantastic panellists Rachel Clark, Director for Retail Systems Transformation at Ofgem, Clementine Cowton, Director of External Affairs at Octopus Energy, Matthew Vickers, CEO and Chief Ombudsman at Ombudsman services and Judith Ward, Associate at Sustainability First.
The post ElectraLink Host: Central solutions for a fast evolving utilities industry appeared first on ElectraLink.
Breeze Energy has been issued with a provisional order by Ofgem, compelling the supplier to pay £486,232.06 including interest in Renewables Obligation.
Nabuh Energy has been issued with a provisional order by Ofgem, compelling the supplier to pay £872,200.62 plus interest in Renewables Obligations.
ElectraLink is making considerable progress on the design of CSSConnect, our flexible adapter service on the Energy Market Data Hub (EMDH) that will provide a simplified technology process for market participants to connect to Ofgem’s Central Switching Service (CSS). We are now ready to share a greater level of detail as to how CSSConnect will work and how it can support your business through the transition to the Central Switching Service (CSS).
The post Update on CSSConnect, ElectraLink’s flexible adapter service for Ofgem’s Central Switching Service appeared first on ElectraLink.
Gnergy Ltd missed the original deadline to meet its Renewable Obligations and has not provided Ofgem with adequate assurances that it will pay by the late payment deadline by 31 October.
Ofgem has appointed EDF Energy to take on supplying Toto Energy’s 134,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers.
What's the difference between loyalty and inertia when it comes to Britons and the banks, supermarkets, energy suppliers and other financial firms we use?
Yesterday saw the launch of the Flexible Futures report, the culmination of our recent partnership with the REA.
This new report uses ElectraLink’s analysis and dataset from the Energy Market Data Hub (EMDH), together with REA expertise, to understand developments on the UK distribution network and chart a course for the next decade. Specifically, the report looks at the past seven years, the period which saw enormous deployment of low carbon technologies such as solar PV, and growing deployment of electric vehicles, batteries, and other forms of embedded generation.
Around 1.5 million UK businesses face a greater risk of having their energy supply disconnected than the average household, and of exploitation by unscrupulous energy brokers. This is all due to a lack of protections in the microbusiness market, according to a new report - Closing the Protection Gap - from Citizens Advice.
Citizens Advice, in its role as the official consumer watchdog for energy, has responded to news that Toto Energy has ceased trading.
Toto Energy has ceased to trade. Energy supply of Toto Energy’s customers will continue, prepayment meters can be topped up as normal and outstanding credit balances of customers will be protected.
Ofgem encourages SSEN to submit revised proposals for Scottish Isles transmission links as current proposals fail to meet conditions for approval
Citizens Advice, in its role as the official consumer watchdog for energy, has responded to Ofgem proposals on new financial checks and tests for existing suppliers.
Ofgem consults on reforms for existing suppliers to drive up customer service standards, reduce the risk of supplier failure and strengthen the safety net.
Ofgem has appointed Total Gas and Power to take on supplying Rutherford Energy Supply Limited’s (trading as Uttily Energy) 280 business customers, following an appointment process run by Ofgem to get the best deal possible for customers.
Recent switching data from our Energy Market Data Hub (EMDH) shows 581,000 customers switched energy supplier in September 2019, 6% more than September 2017 and September 2018. September 2019 is also the month with the third most changes of supplier (CoS) in 2019 so far. The total number of completed switches in 2019 has now reached 4.7 million (4,700,000) – 11.4% more than over the same period in 2018.
The post ElectraLink publishes September 2019 switching figures appeared first on ElectraLink.
ElectraLink and the Renewable Energy Association (REA) have identified a significant increase in energy exported to GB distribution networks from battery storage and solar PV sources.
Data from the Energy Market Data Hub (EMDH) indicates solar PV exports to distribution networks reached 8TWh in 2018, up from 194GWh in 2012. From 2014 to 2018, battery storage exports increased from 50MWh to 49GWh.
The post EMDH data shows increase in solar and battery exports to distribution networks appeared first on ElectraLink.
Previously, all customers could go to the supplier's website to monitor their usage. Customers can refuse to have smart meters, but the energy giants can be fined for not publicising them enough.
On 13 August 2019, Ofgem issued a Request for Information (RfI) seeking views on the cost impact of settlement reform based on Ofgem’s preferred Target Operating Model (TOM) for market-wide Half Hourly Settlement (MHHS).
ElectraLink’s view is that procuring an entirely new network to deliver the data communications of the programme would be disproportionately costly, lengthy and risky compared to making use of the existing Energy Market Data Hub (EMDH) for the following reasons:
The EMDH is scalable and stable with the proved capacity to manage more than 100x the volume of half hourly data currently processed by the market,
The EMDH has already been competitively procured on the energy market’s behalf and is connected to all settlement-critical market participants, therefore reducing initial and ongoing costs to industry, and
The EMDH meets all of the programme’s requirements as specified by Ofgem, supported by ElectraLink’s 20 years of energy market expertise as a central body with robust governance provisions and an important role in promoting market transparency, choice and competition.
The post ElectraLink identifies the EMDH as the most cost-effective network to deliver MHHS appeared first on ElectraLink.
Citizens Advice, in its role as the official consumer watchdog for energy, has responded to Ofgem’s State of the Market report, which finds that greenhouse gases fell last year by 2.5%, the smallest reduction since 2012.
Around 40 energy providers have been selling 100 per cent renewable electricity tariffs but some of these do not generate the renewable electricity themselves.
The latest energy star rating table from Citizens Advice, the official consumer watchdog for energy, shows a big gap between the best and worst firms.
A disgruntled Npower customer said an appointment was made to have a smart meter fitted - without any prior agreement, while Eon customers have also complained about tactics.
Citizens Advice has responded to the news that the government is proposing to extend the smart meter rollout deadline to 2024 and the release of the latest cost-benefit analysis of the programme.
One of the biggest culprits of energy waste relates to energy vampires, when electrical appliances are plugged in but not used, according to data from energy supplier, Tonik Energy.
Customers stuck on standard variable tariffs with Britain's Big Six suppliers will pay £220 more over the course of the year than they would if they had switched to a cheaper deal.
The Big Six supplier said the decision was made in response to Britons become increasingly aware of the impact their energy usage has on the environment.
The deal to buy assets from French company EDF significantly widens Energean's presence in the Med. Investors hailed it as a potential game-changer, pushing shares up almost 13.6 per cent.
Many auto-switching services are powered by commission from the energy companies that they switch customers to - meaning this latest move could put them at real risk in the coming months.
These 'green' tariffs are misleading customers as many are not 100 per cent renewable with certain suppliers only offering between 15 per cent to 33 per cent of energy from renewable sources.
The problem means that thousands of customers have been unable to see energy consumption figures for gas or electricity readings. Bulb says it has identified the problem and it is working to fix it.
Ofgem, the energy regulator, blamed the soaring wholesale costs as the reason it hiked up the energy price cap limit in April after it had been in place for just three months.
Households opting for British Gas's lowest-cost fixed tariff, Energy Plus Protection Green, who agree to have a meter installed will be charged £938 a year for average consumption.
There was a 6.7% decrease in domestic smart meter installations in the first three months of 2019, with roughly a million installed by large suppliers, according to new data.
Ofgem has fined the suppliers £870,000 after finding the providers had an anti-competitive agreement to not target each other's customers through face-to-face sales.
This was down from the £3.8m he took home in 2017, as he failed to meet financial targets to qualify for most of his bonus. The South African joined British Gas in 1993 before moving to BG in 2002.
Ofgem said that although SSE met its electricity smart meter installation target for 2018, the supplier only reached its gas target in February of this year.