Search Results for "action/run_search/save_id/28228886"
Two-track strategic network plan proposed
…said the plan will identify onshore, offshore and cross-border electricity network needs out to 2050 and will be updated every three years. This plan will establish a “funnel” of potential…
UK Infrastructure Bank invests in domestic battery production
…energy sources. The initial investment is part of a larger funding package, with an additional £168 million proposed as second-stage financing. Jeremy Wrathall, founder and CEO of Cornish Lithium, said:…
Call to ditch price cap and introduce a social tariff
…vulnerable customers now rules almost the entire market. The price cap has now become the de facto market price,” said the report. It further said this had removed “any incentive…
Thames to reveal new turnaround plan
…agency warned that shareholder support will depend on a business plan clearly underpinning a turnaround and Ofwat signalling “appropriate” risk and return. Fitch Ratings said shareholders’ willingness to stump up…
Social energy tariff still ‘under serious consideration’
…tariff proposals and were therefore “to some extent, working relatively in the dark”. A Westminster insider however, who did not wish to be named, has since said they believe the…
ESO transmission amnesty to cost £40m
…as normal. The decision is expected to free up approximately 8GW of space in the connection queue for other projects. National Grid transmission president Alice Delahunty previously said that the…
Renewables on bases could boost UK’s military resilience
…Grid alone is simply not ambitious enough for the challenge we face. Sitting back and doing nothing cannot be a valid option for such a high-emitting area of government. “It…
Probe launched into Yorkshire’s poor bathing water quality
…are impacting water quality. The Environment Agency said preliminary investigations have been able to identify some of the potential contributing sources of bacteria using microbial source tracking techniques. This has…
Government must not see price cap as answer to affordability
Ministers must not see the energy price cap as the answer to affordability issues, an industry expert has warned, amid concerns there is currently no billpayer support in place for…
‘Serious concerns’ raised over Ovo’s complaints handling
…spokesperson meanwhile said: “Ofgem did not identify any non-compliance from Ovo on this matter. We continue to place serious emphasis on the support we provide to our customers and have…
Energy price cap is here to stay
…industry experts have said they believe that political sensitivity amid the backdrop of the cost of living crisis mean it is here to stay. Adam Bell, the government’s former head…
Eon downgraded over switching failures
…quarter. According to Energy UK stage 3 applies if, for a third successive quarter, an ESG signatory’s quarterly KPI submission identifies them to be non-compliant for one or more KPI(s)….
Mooted solar ban could fuel household bills
A bid by an influential MP to further tighten planning rules could prevent solar farms being deployed on a third of agricultural land in England, potentially saddling consumers with higher…
Reed replaces McMahon as shadow environment secretary
…to hostile internal Labour briefing over his push for radical action on cutting emissions. This sniping has intensified in the wake of the opposition’s failure to win the Uxbridge by-election…
‘Backdoor’ route mooted to set up social tariff this winter
…introduction of a social tariff for vulnerable customers. But giving evidence to the recently established committee, he said hard up consumers could be helped this winter by using legislative powers…
Energy-from-waste firm calls for carbon capture mandate
…reveal “the actual waste footprint of their products – not just in disposals but from point of extraction.” It said right to repair legislation should be broadened to cover a…
Sewage monitoring requirements watered down
…up as a means of reducing the cost to the bill payers.” Meanwhile, director of operations at Stormwater Shepherds Jo Bradley said the exemptions were “justifiable”. However, she said that…
Weekend press: RWE boss says lack of offshore wind bids must be ‘wake-up call’
…were routine. There is no suggestion of any wrongdoing regarding the loans and Imagination has said all of it has since been repaid. A spokesman for Imagination declined to say…
SGN CEO vows to tackle shortfall of engineers in new role
…joined SGN in August 2022 – said that “people working across the energy and utilities sector have a pivotal role on the frontline making sure communities are safe, warm and…
‘Quasi monopoly’ fears raised over business supply market
…shadow climate change spokesperson, Kerry McCarthy said that the energy supply market seems particularly “stacked against hospitality businesses” “We need both short and long-term action… although the actual peak of…