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3 years ago
As part of the investment strand of our Countdown to COP campaign, Utility Week talks to Michael McNicholas of Omers, the backers of SGN and Thames Water. He discusses the investment case for UK utilities and ways to incentivise long-term, low-risk capital to drive forward decarbonisation.
In our latest review of sector coverage across the national newspapers, there are interviews with Alistair-Phillips Davies and Hayden Wood, chief executives of SSE and Bulb respectively, as well as with former National Grid boss Steve Holliday. Meanwhile, the government is considering how to designate more rivers as bathing waters.
EDF has been given permission to restart generation at its Hinkley Point B nuclear plant in Somerset, nine months after it was taken offline.
In our latest review of sector coverage across the national newspapers, plans are reported for a £100 million factory in Scotland to create turbine towers for offshore wind farms. Meanwhile, nearly 1,000 “dark discharges” of untreated sewage from two water company treatment plants have been detected using artificial intelligence to map spills.
Three companies are thought to be at the final stages of bidding for Western Power Distribution, including two familiar names and a new entrant to the market. James Wallin looks at the runners and riders and asks what the deal could mean for the wider question of rates of returns.