Finance and investment

Renewable investors regain interest in UK

H3O: Competitive streak – the evolution of the water retail market

April 2017 saw the opening of the largest competitive water retail market in the world, as 1.2 million businesses were, for the first time, given choice over who supplies their water services. However, many of the compromises that were necessary to launch the market remain in place, as well as tensions between wholesalers and retailers. Utility Week gauges the views of market operator MOSL, as well as company bosses, on what needs to change to get the sector back on track. We also discuss what the experiences in the business retail arena mean for the chances of the domestic market eventually opening up.

H3O: Three decades of water privatisation

H3O: Raising standards and putting customers first – victories for privatisation

National Grid makes net-zero pledge

Climate emergency needs action and we’re ready to invest

SSE chief executive Alistair Phillips-Davies writes about the collective responsibility of the industry to push ahead on decarbonisation, and what SSE has done so far.

Welsh Water to add social purpose pledge to constitution

The not-for-profit company has proposed changing its constitution to embed commitments to public service and focus on customers. The proposal, which will be put to its independent members for approval next month, comes as the company announces its financial results for the first six months of the year.

Centrica wins high court challenge against price cap

Ofgem will be expected to adjust its calculations for the first three months of the price cap after a high court judge ruled in favour of Centrica's appeal. The British Gas owner disputed the methodology the regulator used to calculate wholesale costs.

Will Wizard work magic in AMP7?

“Bagging-off” technology for under-pressure applications was first developed in the UK gas sector by British

SSE writes down £500m over sale of retail arm to Ovo

The group has released its interim results which show the impairment is reflective of the transaction price. The deal between Ovo and SSE is expected to be completed early next year.

Eon strikes major PPA with RWE Renewables

Eon has completed a power purchase agreement with RWE Renewables which will see the big six supplier acquire 3TWh annually from more than 20 British wind farms. Eon chief executive Michael Lewis and RWE's Tom Glover give their views on the deal.

Consultation launches for Greenlink interconnector

A public consultation has been launched into the first stage of Greenlink’s interconnector between Ireland and Great Britain, following the submission of planning applications for marine components on both sides of the Irish Sea.

Nabuh Energy makes partial RO payment

Nabuh Energy previously told Utility Week that its renewables obligation (RO) would be paid in full. It has already been issued with a provisional order by Ofgem after it missed the late payment deadline.

Yeo: We have to take cost risks on low-carbon projects

The urgency of the climate crisis means that the world cannot wait for a decade or more to find out whether immature technologies - such as carbon, capture and storage - will work, the former chair of parliament’s energy and climate change committee has warned.

Over 40 suppliers missed RO deadlines in 18/19

Ofgem has revealed that 42 energy suppliers failed to meet their total renewables obligations (RO) deadline last year, resulting in a shortfall of £206 million.