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New software technology promises to bring clarity and simplicity to what can be a minefield of regulatory compliance rules.
5 years ago
Centrica-owned British Gas installed the 4 millionth second-generation smart meter (SMETS2) in Kent. Last month a record 138 million messages were sent between SMETS2 meters.
British Gas owner Centrica is expected to report a dip in profits after being hit by the price cap when it posts its preliminary results on Thursday. Meanwhile there are reports that Sarwjit Sambhi, head of its consumer business, is the front-runner in the contest to take over from Iain Conn as chief executive.
Utility Week magazine editor Suzanne Heneghan looks at what's in the in-tray for Ofgem's new chief executive and how his decarbonisation plan may be a signal of intent.
This year, the UK will host arguably the most important climate summit since the landmark
Smart Metering Systems says the proposed introduction of compulsory annual installation targets for energy suppliers will help more “evenly spread” the smart meter rollout. In a trading update, the smart meter installer and manager revealed its portfolio grew by 44 per cent to 1.2 million during 2019.
Calisen, the owner of Calvin Capital, is valued at £1.4 billion. It plans to use the offering to fund new and existing contracts relating to the smart meter rollout. It hopes to start trading on the LSE next month.
The devices allow customers with sight and or hearing difficulties to access their smart meter better. A number of energy suppliers have already started offering the devices to their customers, with more to follow.
The consumers were all on Octopus Energy Agile time of use tariffs. Meanwhile National Grid ESO said it was “excited” to see the example of a smart electricity system in action.
This weekend Labour's business secretary admitted energy firms will be unhappy with Labour's renationalisation plans, but said they'll understand. Meanwhile, large energy suppliers have topped the best-buy lists as smaller rivals struggle and Drax has set out its long-term strategy.
The price cap in energy has been cited as a major factor in the troubles engulfing Npower, which is set to cut up to 4,500 jobs as it merges with Eon. Utility Week print editor Suzanne Heneghan discusses the impact of the cap as it approaches its first anniversary.