Adam John

Rutherford Energy becomes seventh supplier of 2019 to cease trading

Rutherford, which traded under the name Uttily, supplied 280 business customers. Its parent company Uttily plc, which had commercial arrangements in place with a number of suppliers, has also ceased to trade.

Ofgem cuts £80m from National Grid’s Hinkley connection costs

Ofgem is proposing to use its RIIO framework to fund the connection of the new reactor at Hinkley Point C instead of its competition proxy model.

Battery storage exports ‘increased 600%’ between 2017-18

Data provided by the energy market data hub (EMDH) shows the "exponential" increase of battery storage exports. The data was released as part of a collaboration between the REA and ElectraLink.

Good Energy awarded LSE ‘green economy’ mark

The classification from the London Stock Exchange recognises companies which significantly contribute to the green global economy. Companies are given greater visibility to investors who are interested in funding green economy activities.

‘Brexit uncertainty’ halts sustainability investment

Will the sun set on the energy price cap in 2023?

With Ofgem recently publishing its framework for assessing whether effective competition exists to remove the price cap, industry experts have voiced their concerns about the smart meter rollout being an indicator of success. A legislative “sunset clause” stipulates the cap will end in 2023, but some commentators remain sceptical.

Renewable power overtakes fossil fuels in Q3 2019

A report by Carbon Brief found that electricity generated by renewable sources overtook fossil fuels in Q3 2019, the first time since the Industrial Revolution. Increased wind capacity was largely to thank for the increase.

Breaking Ground: WPD, SSEN and other projects

From WPD's £4.2 million safeguarding investment to Cadent's upgrade of Cheshire gas mains, there have been several projects happening across the sector recently. Utility Week takes a look at some of these in our weekly roundup.

Ovo surpasses £1bn revenue in 2018

Ovo has posted its financial results for 2018. The company also revealed it had over a million customers on its books.

Elexon calls for nationwide flexibility exchanges

Code administrator Elexon is proposing that nationwide electricity “flexibility platforms” are set up. The platforms would allow local distribution network operators (DNOs), suppliers and businesses to buy storage output or demand-side response (DSR) services.