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A group of more than 40 businesses, trade bodies, academics and policy specialists have signed
6 years ago
A new report has laid out the true costs of eradicating emissions by either 2025 or 2030, calling the latter “implausible” and the former “practically impossible”. The analysis by thinktank Onward sets out a blueprint for a sustainable net-zero goal, including recommendations to replace the Contracts for Difference regime and removing energy levies from electricity bills.
By summer 2021 consumers should expect to switch their energy supplier by 5pm the next working day. Industry regulator Ofgem and the Data Communications Company are working towards creating a centralised switching service to facilitate this but one industry expert has referred to recent experiences with the smart meter rollout and questioned whether the timescale can be met.
Labour’s renationalisation plans have sparked a backlash from industry trade bodies and defensive action from investors. Jane Gray assesses industry sentiment and asks whether Labour’s approach to the ‘big six’ energy retailers could be an attempt to emulate the Northern Ireland model.
Utility Week policy correspondent David Blackman picks through the details of Labour’s manifesto and talks to experts about the potential consequences for the sector. They discuss the extent and costs of the party’s nationalisation plans, whether its targets for massively expanding renewable generation are feasible and who would co-ordinate its ambitious net-zero goals.
This weekend's press round-up explores moves by SSE and National Grid to protect investors in the face of renationalisation threats; Scottish Power's plans for a major expansion of onshore windfarms and Dale Vince, founder of green energy supplier Ecotricity, donating to the Labour Party.
The Conservatives have pledged a fresh crackdown on energy bills while opening the door to an earlier cut-off date than 2040 for sales of petrol and diesel cars. The party’s manifesto also says the rebate on water bills would be extended in the South West in a nod to assuage what it describes as a “major source of financial pressure” for many households.
Plaid Cymru has called on the UK government to allocate an additional one per cent of GDP to invest in green infrastructure over the next decade and to establish an energy agency for Wales. The Brexit Party has also set out its stall on green issues.
A former energy chief said while a Labour majority was unlikely, it could pose a problem for the deal. Labour announced plans to nationalise the big six energy companies in its manifesto.
As Labour unveils its manifesto and the country gears up towards the election we speak to chief executives and industry figures about what what renationalisation would mean for the water sector and why the public support it
The big six energy suppliers face being brought into public ownership if Labour wins the next election in a dramatic extension of the party’s renationalisation plans. We delve deeper into the details and gauge reaction.
The rate of customer losses from British Gas is lower than in the first half of the year. In July chief executive Iain Conn announced he was stepping down from his role after an “exceptionally challenging” first half of 2019.
A legal firm has told Utility Week it is advising a number of clients on potential lawsuits if a cut-price renationalisation of parts of the utilities sector goes ahead.
