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Weekend press: Thames shareholders to inject £1bn

…about 69 per cent of the energy reaches the wheels.” He added: “It is clear that hydrogen vehicles have had their ‘Betamax moment’ and that battery electric vehicles will dominate…

Ofgem explores price cap alternative

…be required to clearly publish all their domestic tariffs to provide transparency. The letter also reiterated moves to strengthen financial resilience in the sector and the consultation on a new…

Trade bodies urge CfD reform to end ‘race to the bottom’

…Additionally emerging technologies such as floating wind and tidal stream projects should be supported to accelerate cost reductions and build up supply chains. “This could be supported by clear MW…

Green Energy UK rebrands as 100Green

…their retail offering, in this country, the Netherlands and Germany. They’re not looking at it in America and they’re not looking at it in Australia, so clearly it’s something to…

Removing price cap creates ‘fear factor’ for consumers

…factor. You’ve clearly seen that in the polling results.” He added: “We would like to see the development of really much stronger and much more targeted price protections for the…

Whitby hydrogen village trial rejected

…unveiled, energy minister Lord Callanan took to social media to say: “After listening to the views of residents, it’s clear that there is no strong local support, therefore Whitby will…

Centrica signs £6.2bn LNG deal with US firm

…of the year. Last month, Ofgem cleared the way for Centrica’s Rough storage facility to continue operations until at least 2030, after extending exemptions attached to its licence. The exemption…

ENW and UKPN join forces to combat fuel poverty

…means the more customers will benefit as we learn and develop even quicker. Collaboration, along with the application of a clear and consistent measurement and reporting framework, are key components…

Hands-off approach to energy transition is ‘unrealistic’

…technologies including long-duration energy storage, hydrogen and carbon capture and storage (CCS). “What we want to see is a clear plan for hydrogen and CCS projects beyond the delivery of…

Demand concerns over industry bills reforms

…2023/24, could increase the peak electricity system demand compared to the current baseline. It is not clear what the scale of this impact would be, and so an impact assessment…

Sunak urged to back pumped hydro storage support

…developed by SSE Renewables in the Highlands, has an estimated output of 1.5GW that alone would double the country’s current pumped-storage hydro capacity. However, pumped storage hydro projects, like nuclear

South East pays out dividend and bonuses despite supply woes

…compensate those affected, over and above our statutory obligations, and this has clearly had a severe impact on our company’s financial performance this year.” He adds: “We will learn as…

Ofgem to review wholesale energy allowances in price cap

…regulator considers this a “clear reason” to explore whether the EPG changes led to unexpected SVT demand, and any consequent differences between allowances and costs. Ofgem said it also intends…

Heidi Mottram: Single social tariff is a ‘no brainer’

…just water bills. Utility Week’s Action on Bills campaign is calling on government to set out clear terms for how affordability should be addressed in the face of the cost…

SSE reports 29% renewables output shortfall

…a long-term business with a clear strategy, and we remain focused on delivering the ambitious NZAP Plus growth plan that we announced in May. “We are making good progress on…

Ministers urged to announce winter support measures now

…The campaign calls on ministers to set out a clear plan for targeted support on energy bills for vulnerable customers to be put out to consultation, as well as a…

Ross apologises to appointments watchdog

…“It is clear to me that you simply misspoke and I now regard this matter closed,’ he writes, adding that the “picture is very mixed and lacks transparency which can…

Energy retail market ‘overly focused on the short term’

…fuel poverty strategy and will use this to develop a clear and coordinated approach to affordability, fuel poverty, and wider retail market reforms. We will also look at options, including…

Delivery of Cambridge reservoir to be sped up

…development from the Regulators Alliance for Progressing Infrastructure Development. Utility Week reported that the reservoir was highlighted as a notably high-cost solution with Ofwat asking for “clear and robust evidence”…

Ofgem criticised for handling of SSE investigation

…it should have been clear to SSE and its senior management that the company’s revised approach carried a “significant risk of breaching the TCLC”. Following the regulator’s proposal last month…