Company strategy

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Industry calls for VAT on green products to be axed

Bulb chief executive Hayden Wood and REA boss Nina Skorupska are among 32 industry figures who have written to Boris Johnson urging him to scrap VAT on green products. While the letter states the sector was “encouraged” with the chancellor pledging investment in green infrastructure projects in the recent budget, it said there was disappointment at the “lack of policies to help people play a part in reaching net zero”.

3 years ago

Wessex acquires Albion Water

Wessex has taken full ownership of Albion Water, having first invested in the company in 2016. Wessex exercised its option of buying the remaining 49 per cent stake in the New Appointment and Variation (NAV) company from Water Level.

3 years ago

SP Energy Networks deploys inspection drones

SP Energy Networks (SPEN) has begun using drones to inspect its network assets as part of the company’s bid to reduce emissions. In the past the company has relied solely on helicopters to visually assess more than 2,000 towers and electricity transmission structures across its transmission network covering central and southern Scotland.

3 years ago

Octopus deal sees Shell Recharge join EV network

Octopus Energy has penned a deal with Shell- backed electric vehicle (EV) solutions company NewMotion which will see the latter’s chargepoints join its Electric Juice network (EJN). NewMotion has access to more than 3,200 chargepoints over 17 different networks across the UK. In total, it allows access to more than 200,000 chargepoints across Europe.

3 years ago

Ovo targets 40% of supply from PPAs by year end

Ovo Energy has entered into a power purchase agreement (PPA) with Orsted in a bid to further strengthen its renewable energy credentials. Ovo, which already provided 100 per cent REGO-backed renewable electricity, said it expected the deal to mean 13 per cent of its electricity will be generated via a PPA.

3 years ago

SSE and Equinor announce ‘world first’ blue hydrogen power plant

3 years ago

Sibling rivalry: How Octopus differentiates its white labels

Although both are white labels of Octopus, M&S and Co-Op Energy manage to outperform their parent company on customer service rankings. Utility Week asked Octopus Energy’s Rebecca Dibb-Simkin why this is, and what approach the company has taken to integrating two household brands into a disruptor model.

3 years ago

Anglian sets out £630m investment for 2021

Anglian has set out how it will spend £630 million from 2021/22 across its region with a focus on leakage, strategic infrastructure projects and protecting waterways including chalk streams.

3 years ago

Study suggests £720m cost to plug water poverty gap

The cost to plug the "water poverty gap" could be up to £720 million, according to a report commissioned by Water UK. It shows the number of people living in water poverty in England and Wales is greater than previously calculated as of 2019/20, with more than 4 million households struggling to pay their bills.

3 years ago

Good Energy appoints new CEO

Good Energy has announced the appointment of Nigel Pocklington, former chief commercial officer of Moneysupermarket Group, as its new chief executive. The disruptor brand announced in February that its founder and chief executive Juliet Davenport was to step down after 20 years.

3 years ago

March sees highest ever demand for plug-in vehicles

More plug-in vehicles were registered in March than ever before, the latest figures from the Society of Motor Manufacturers and Traders (SMMT) show. Pure electric and plug-in hybrid vehicles took a combined market share of 14 per cent, up from just over 7 per cent per cent last year as the number of models available to customers increased from 72 to 116. Meanwhile, Octopus Electric Vehicles has announced the launch of a new leasing service which offers a salary sacrifice scheme to employees.

3 years ago

Fighting an invisible enemy: consumer debt and utilities

3 years ago

CMA panel for RIIO2 appeals announced

3 years ago

Bristol Water workers to strike

3 years ago

The four pillars of megaproject management

3 years ago

One third of energy sector exposed to LGBTQ+ discrimination

A survey of energy industry employees has found that 35 per cent have witnessed or experienced discrimination based on gender identity or sexual orientation in the last five years.

3 years ago

Webinar: Transforming CX in utilities – personalisation at speed

Date: 22/04/2021 11:00 am

New RO mutualisation arrangements come into force

New arrangements to link the renewables obligation (RO) mutualisation threshold to the annual cost of the scheme have come into effect. Mutualisation has long been a source of contention in the energy sector, with compliant suppliers obliged to pick up the shortfall when others do not pay. BEIS is also considering whether changes need to be made to the way the mutualisation amount is calculated.

3 years ago

So Energy falls out of Citizens Advice top 10

3 years ago

Half of Brits confused over green tariffs

3 years ago