Finance & investment
Centrica to spend £100m cultivating new products and services
New venture Centrica Innovations will “identify, incubate and accelerate” pioneering technologies
- Interconnectors unfairly advantaged in energy market “Uneven playing field” with interconnectors damaging to UK generators
- Power prices and climate levies hit Drax Profit dip salved by black start contracts and business retail performance
- Severn Trent completes Dee Valley acquisition Dee Valley Water is now part of Severn Trent
- Boost for Anglesey new nuclear scheme Horizon-Exelon partnership pushes Wylfa Newydd nuclear plans into next phase
- Record-breaking offshore wind construction in 2016 Offshore windfarms accounted for 21 per cent of all UK infrastrucuture contracts last year
- Toshiba to ‘consider’ continued role in Moorside Avoiding construction risks could keep Toshiba's Moorside plans alive
- Low prices and customer losses cut into EDF Energy profits Nuclear generation performance fails to offset supply troubles
- Ovo bags US smart grid start-up Supplier targets demand side control to reduce bills
- Distributed generation has 'fundamental advantage' in capacity market Peaking plant well positioned in volatile energy market
- Flow Energy to be sold off Harsh market conditions force supplier disposal
- Severn Trent cleared to buy Dee Valley Opposing shareholders confirm they will not appeal High Court decision.
- Scottish Power hikes prices Supplier blames increasing costs for price rise.
- Small Scottish renewables crippled Business rates for small scale hydro, solar and wind projects in Scotland have soared by as much as 650 per cent.
- Ofgem looks to beef up supplier stress tests Regulator acknowledges concern over supplier resilience with review of financial tests.
AnalysisQ&A: Charles Hendry, former energy minister Last month Charles Hendry published his eagerly anticipated review into the feasibility of tidal lagoon power. Utility Week... The ruinous rollout of smart meters Suppliers fought for the privilege of installing smart meters, but as cost estimates soar and the possibility of a public... T-4 auction: Better but not best The recent capacity market auction ironed out some systemic issues with the mechanism but still failed to return quite the... More >
ColumnMarket view: High innovation is essential A review of LCNF projects shows DNOs have moved from low to medium levels of innovation, but that a smarter energy market... Leader: Volatility swells the attractions of utility assets As the opening of the non-domestic water market approaches, most eyes in the water sector have understandably focused, with... Chief executive’s view: Nina Skorupska, Renewable Energy Association Renewables is more than targets More >
InterviewsInterview: Felix Lerch, UK chairman, Uniper Uniper's UK chairman talks about security of supply, level playing fields and Brexit risks. Interview: John Pettigrew, chief executive, National Grid “With a focus on security of supply – it would be incredibly disruptive to move to an ISO.” Interview: Mark Horsley, chief executive, Northern Gas Networks “We’re only part of the way on the journey. I think we’re scratching the surface on customer, we’re scratching the surface... More >
Market ViewDecentralisation and the blockchain: it is here, it is now and it can’t be blocked For many years, the voices clamouring for the decentralisation of energy and utility systems, the adoption of new technology... Get creative about flexibility in the energy market As system flexibility develops into a mainstream feature of the market, utilities need to show creativity to adapt and avoid... Market view: 2016 was a good year for M&A The past 12 months saw a healthy number of deals in all utility sectors, driven by a water sector getting to grips with... More >