News

Editor's picks

The founders of Pure Planet have hit out at the government’s “illogical” failure to support the energy retail sector, as they confirmed the supplier was exiting the market. Andrew Ralston, Chris Alliott and Steven Day confirmed that BP, which owns 24 per cent of the company, had withdrawn its support because of the “increasing risks and large potential losses” faced. Ofgem also confirmed that Colorado Energy has ceased trading.
News
It is “unacceptable” that fuel poor households receive less than one-sixth of the budget allocated to energy efficiency and support with fuel bills, the government’s statutory advisor on fuel poverty has said. In its annual progress report, the Committee on Fuel Poverty also warned ministers against raiding energy efficiency budgets to pay for the decarbonisation of heating, saying it should instead be supported with additional dedicated funding.
News
Ofwat has said it won't yet make adjustments to outcome delivery incentives that may have been impacted due to Covid-19 and lockdowns. The regulator set out the draft in-period payments for each company but said there is not yet sufficient information to make an in-the-round decision about how performance has been hindered.
News

Latest in News

The Institute for Public Policy Research has called for a national advertising campaign to raise awareness of energy efficiency upgrades and low-carbon heating systems as part of a comprehensive programme to decarbonise domestic heating. The think tank said it should seek to imitate the ‘Tell Sid’ campaign encouraging the public to invest in privatised gas shares in the 1980s.
News
Energy suppliers served by CNG Group will “struggle” to find a new gas shipper if it exits the wholesale gas market, an industry expert has warned. Ellen Fraser, a partner at the consultancy Baringa Partners, said the resulting costs are likely to put a number of the affected suppliers out of business.
News
Defra's strategic policy statement to Ofwat for the next price review is a missed opportunity, Water UK has said. The trade body representing the water sector warned that the lack of clarity and direction could run the risk of vital spending being deferred to a later review, which would be harmful for customers' bills and the environment.
News
The water sector has set a target of 2030 to reach net zero but, as Yorkshire Water chief executive Liz Barber tells Utility Week, the regulator has yet to catch up. As part of our Countdown to COP campaign, she also defends offsetting as a valuable tool in achieving net zero, if it is properly executed.
News
SSE has teamed up with Dutch smart charging firm Jedlix to provide balancing services from electric vehicles (EVs) using its platform. The partners said they are aiming to create the UK’s largest virtual power plant to sell flexibility services in the Balancing Mechanism and to distribution network operators.  
News
As part of our Countdown to COP series, Utility Week speaks to Northern Gas Networks’ chief executive Mark Horsley. He discusses why the energy transition doesn’t need to be scary, the need for utilities to support councils and why there is no more time to waste on accelerating green infrastructure projects.
News
Severn Trent's chief executive told the Environmental Audit Committee that diffuse pollution from agriculture has "swallowed" the improvements to river health made by water companies. Industry CEOs updated the committee on status of monitoring and pollution across their regions with Sarah Bentley telling the committee she was "impatient for change" at Thames.
News
Drax has submitted a modification to the Balancing and Settlement Code that would allow companies within the same corporate group to aggregate their credit cover for energy indebtedness. The proposal document said this would relieve them from having to lodge excessive credit cover, lowering costs for themselves and their customers.
News
Octopus Energy has partnered with RES in a £3 billion project to build new green hydrogen plants across the UK over the next decade. Meanwhile, electrolyser manufacturer ITM Power has announced its intention to raise £250 million through a share placing to scale up its operations.
News
Atkins has been appointed to work Ordinance Survey to build the National Underground Asset Register to map pipes and cables as a way to reduce utility strikes. The concept was developed as part of Northumbrian’s Innovation Festival and has been trialled in the northeast of England and London.
News
Gas-only retailer, Daligas, has confirmed it is ceasing to trade, blaming “the unprecedented energy market conditions, the record high wholesale prices and the current energy cap". A total of almost 2.4 million customers have now seen their energy supplier exit the market in 2021.
News
Gas shipper CNG Group is reportedly preparing to exit the wholesale market and has advised its clients to seek alternative sources of gas. Bloomberg quoted chief executive Paul Stanley as saying the company had 18 utilities on its books that will need to find a new gas shipper “quickly”.
News
Close
Close

Request a call back