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Energy UK has told the political parties it is crucial to agree new funding models for large-scale, low-carbon infrastructure - such as nuclear plants - in its wide-ranging manifesto for the upcoming election. The document also looks at stimulus for the rollout of electric vehicles and more stringent controls to ensure homes are energy efficient.
6 years ago
Sheffield-based supplier Nabuh Energy has insisted it will pay the almost £900,000 it owes in Renewables Obligation by next Friday, after Ofgem issued it with a provisional order. Here the company sets out why it was unable to meet the regulator's deadline.
The company's new chair previously headed up Capgemini and was a non-executive director of Ladbrokes Coral Group.
The minister overseeing the smart meter programme has predicted that bills for customers using conventional devices will rise as they become more expensive to operate. Lord Duncan also warned that suppliers failing to hit the revised rollout deadline of 2024 could be subject to fines and become a target for climate change protests.
The challenger energy brand previously gave assurances to Ofgem it would pay by the late payment deadline. It owes almost £900,000 in missed payments.
Jason Allday, the network engineer hailed as “inspirational” for his actions in battling the Grenfell Tower blaze, has played down his role in the rescue efforts.
Overcoming the challenges of delivering excellent digital services to priority service customers will be the topic of a new Utility Week webinar. We will also present the findings from a data sharing pilot of customers on the Priority Services register in advance of the initiative being rolled out sector wide in 2020.
With seemingly no let up of supplier failures and Ofgem's proposals to introduce more checks on retailers, the energy retail market looks set to become an even tougher environment for the disruptors. Utility Week examines the lie of the land and speaks to industry voices about what looks to be tricky times ahead.
Juliet Davenport, CEO of Good Energy, shares her views on Ofgem's recent proposals to strengthen the rules for energy suppliers. She argues there is a risk they could unfairly penalise well-run businesses by requiring them to put cash down up front to cover the cost of customer balances and environmental schemes.
In this week's round-up of stories in the weekend press we see Ofwat accused by industry investors of being politicised as financial backers question if the CMA has the capacity to deal with anticipated appeals; energy suppliers are criticised for holding onto customers' cash to continue trading - Money Supermarket founder highlights energy firms that have gone bust while owing customers; meanwhile the Mail on Sunday offers advice to customers who think they are owed cash back; and is nuclear energy having a lightbulb moment?