Energy suppliers to follow new smart meter code of practice
The UK Government plans to implement a new consumer-facing Code of Practice for smart metering. The UK Government has announced plans to introduce a new consumer-facing Code of Practice for smart metering, aimed at enhancing consumer protections and improving service quality. The government expects all energy suppliers to commit to and comply with the new Code once […]
Why buying REGOs helps promote your sustainability credentials
The recent surge in the price of REGOs has prompted the question “Are REGOs still worth buying?” Some organisations have been asking whether the fact that the UK fuel mix is growing ever-more renewable is enough to make sustainability claims – without the expense of buying REGOs. There’s a school of thought that suggests they’ll […]
UK businesses seek government support for net zero
Nearly 96% of businesses are calling on the next government to prioritise providing increased government support, which includes financial incentives, a according to a new survey. A recent study conducted by BSI suggests that the majority of UK businesses are advocating for greater governmental assistance to achieve net zero emissions by 2050. The research, based on a survey of over 1,000 […]
Ofgem wraps up consultation on energy price cap
Energy regulator Ofgem has closed its consultation on the energy price cap, which was initially introduced in 2019 to safeguard consumers on variable tariffs. Britain‘s energy regulator, Ofgem, has completed its consultation on the energy price cap, initially introduced in January 2019 to protect consumers on variable tariffs. Since 2022, the cap has undergone quarterly revisions, prompting Ofgem to assess […]
Ofgem consults on ending ban on acquisition-only tariffs
Ofgem is consulting on ending the ban on acquisition-only tariffs, with a proposed removal date of 1st October. Ofgem has launched a statutory consultation to explore the removal of the ban on acquisition-only tariffs, which restricts energy suppliers from offering tariffs exclusively to new customers. The consultation considers two potential timelines for the removal: after six months, starting […]
Energy networks: Strategic innovation crucial for UK decarbonisation
Energy network operators have emphasised the crucial role of strategic innovation in achieving the UK’s 2050 decarbonisation targets, outlining 24 key milestones including technology development, data sharing and infrastructure adaptation. Energy network operators have emphasised the crucial role of strategic innovation in guiding the UK towards its 2050 decarbonisation objectives. They have unveiled 24 significant “way points” […]
UK businesses struggle with soaring energy costs
Over a third of UK businesses report that unpredictable energy costs have hindered growth in the past year, according to a survey A recent report from Centrica Business Solutions reveals that more than half (56%) of UK businesses plan to increase their onsite energy generation capacity within the next two years. The report, titled “How data, onsite […]
Call for Ofgem action on soaring small business standing charges
The Federation of Small Businesses has called on Ofgem to address the escalating standing charges faced by small firms, highlighting the potential financial strain on many. The Federation of Small Businesses (FSB) has increased pressure on Ofgem, calling for prompt action to tackle rising standing charges affecting small firms nationwide. The FSB’s concern stems from the financial strain […]
UK offshore wind industry unveils growth plan
RenewableUK, in collaboration with key industry stakeholders, unveils a comprehensive Industrial Growth Plan aimed at tripling offshore wind manufacturing capacity over the next decade. The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate. This plan outlines […]
Global energy storage market booms
Deployments in 2023 nearly tripled from the previous year and forecasts anticipate further significant expansion in 2024, according to a report. The global energy storage market is witnessing a significant surge, with deployments in 2023 tripling compared to the previous year and forecasts anticipate continued growth in 2024. That’s according to the latest report by BloombergNEF, which […]
