01342 332057
info@utilityweek.co.uk
Adrian Letts, retail chief executive of Ovo Energy, has spoken about the potential forthcoming acquisition of SSE's retail arm. Letts was speaking exclusively to Utility Week at Ovo's Notting Hill offices.
6 years ago
The new campaign aims to highlight what private investment needs to do in order to achieve net zero by 2050. It is also warning against proposals to bring the sector under state ownership.
Ofgem has announced that renewables obligation payments will be mutualised after suppliers missed the late payment deadline. It follows Utility Week's revelation that failed energy suppliers left behind an unpaid bill of £72 million for 2018/19.
Small modular reactors (SMRs) may be a more economical way to deliver nuclear power in developed economies than large plants, according to a senior official at the International Energy Agency (IEA). However, in order for such projects to be a success, a lighter touch approach to regulation would have to be taken.
The Green Party has unveiled a £100 billion per annum to achieve a carbon neutral Britain by the end of the next decade.
Ofwat's final determinations on water company business plans for the next five years was due to take place the day before the general election but the regulator has said purdah protocols have now made this impossible.
Jeremy Corbyn promises a £250 billion green upgrade to the UK’s housing; Boris Johnson abandons government support for fracking; and sewage spills put swimmers at risk – all in this weekend’s press round-up.
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.
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 challenger energy brand previously gave assurances to Ofgem it would pay by the late payment deadline. It owes almost £900,000 in missed payments.
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.