Finance and investment

Summer heatwave hits United Utilities profit

Future for small-scale renewables ‘remains bleak’ as FIT closure looms

More than 700MW of small green power schemes have been installed in Scotland by homeowners and businesses since the opening of the soon to be closed feed-in tariff (FIT) scheme in 2010, according to new figures.

Citizens Advice urges Ofgem to tackle network debt costs

Thames Water announces £1 billion tech investment plan

Thames Water is proposing to invest £1 billion in technology to “revolutionise” its operations and to boost efficiency by 20 per cent.

Interserve collapse hits profit of South West Water owner

Pennon is on track to “meet expectations” in its water and waste businesses despite revealing it will take a £16 million hit following the collapse of infrastructure partner Interserve.

Renewable UK launches floating offshore wind group

Renewable UK has announced it has launched a new industry group setting out the floating offshore wind industry’s strategy for large-scale deployment of floating wind farms in the UK.

Severn Trent ‘truly sorry’ for park sewage spill

Water company tells court it was "truly sorry" for sewage spillage at designated site of special scientific interest.

Shell and BP to spread low-carbon investments

Shell and BP have set out their investment strategies as they look to increase their

WPD launches EV business plan for its network

Work to begin shortly on energy-from-waste plant in Bedfordshire

Ofgem issued 100m ROCs in 2017/18

Energy regulator Ofgem has released its annual renewables obligation (RO) report for the 2017-18 year.

Northumbrian Water to invest £9m in new treatment works

Northumbrian Water has announced plans to invest £9 million in three water treatment works. The

Celebrities object to EDF’s Sizewell C nuclear project

Bill Nighy heads a line-up of celebrities who have signed a joint letter objecting to EDF’s plans for a new nuclear power station in Suffolk.

SSEN invests £3m in ‘self-restoring’ network technology

Southern Electricity Networks (SSEN) says it has invested £3 million into helping its network “self-restore” following faults in the system.

EDF partners with Anesco and Upside Energy for DSR

EDF Energy has signed a partnership with energy storage provider Anesco to optimise a combined 16MW of solar and battery assets at the Clayhill solar farm in Bedfordshire.