Finance and investment

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Wessex establishes community fund

To help people in the community worst affected by the coronavirus, Wessex Water has established a foundation to distribute annual grants between local charitable organisations

4 years ago

Ofgem unveils financial responsibility principle for suppliers

4 years ago

Citizens Advice calls for stronger ability-to-pay rules

4 years ago

Ofgem to allow deferral of additional balancing costs

Ofgem has capped balancing services use of system (BSUoS) costs at £15 per MWh until the end of August and introduced a licence modification allowing any additional costs due to Covid to be deferred to the next financial year. National Grid ESO's initial calculations had suggested a £400 million increase in balancing costs between May and August but this has now been revised to between £170 million and £300 million

4 years ago

National Grid calls for offshore electricity network

4 years ago

SSE considering selling stakes in network businesses

4 years ago

iSupply to pay £1.5m over customer failings

4 years ago

SSE gives go-ahead to 443MW Viking windfarm in Shetland

4 years ago

Anglian: Coronavirus uncertainty heightens need to invest

Anglian Water has reported strong performance financially, operationally and environmentally for 2019/20 as it reflects on the end of AMP6 and looks ahead to AMP7.

4 years ago

National Grid secures green loan to build 1.4GW Viking Link interconnector

4 years ago

NEA warns of ‘gathering storm’ of coronavirus debt

4 years ago

Ofwat sets out its three-pronged approach to £200m innovation fund

4 years ago

Northern Powergrid issues green bonds worth £300m

4 years ago

Concern over dearth of tariffs for PPM customers

4 years ago

Covid presents unique opportunity to recruit a new green army

Utility Week speaks to Energy & Utilities Skills partnership chair Michael Lewis about the group’s updated strategy to fill the 277,000 vacancies expected over the next decade. The Eon chief executive believes the increased visibility of the sector during lockdown combined with a zeal for playing a part in tackling climate change create a “once in a generation opportunity" for the sector.

4 years ago

Covid challenge is a ‘skirmish’ compared to battle for net zero

The dual challenges of coronavirus and climate change should trigger an urgent rethink of the way low-carbon infrastructure investment is incentivised and rewarded, said industry experts at a Utility Week debate hosted in association with National Grid.

4 years ago

Challengers may have been offered ‘stay of execution’

4 years ago

Pennon eyeing UK-wide acquisitions after Viridor sale

The sale of Viridor is expected to leave Pennon with a £2.5 billion war chest and the company has said it has been tracking acquisition potentials. Analysts have suggested the company could look towards a "transformative" deal to keep it in the FTSE 100.

4 years ago

Total buys majority of giant Scottish windfarm as SSE gives final go-ahead

4 years ago

Bristol Energy officially for sale after council admits ‘high risk’ strategy has failed

4 years ago