Details of the requirements for suppliers, as well as the information generators will be required to provide to receive Smart Export Guarantee (SEG) payments, have been revealed in draft guidance published by Ofgem. The regulator is consulting on its guidance, outlining the requirements for suppliers who are mandated to offer an export tariff and those
Shell Energy is to acquire UK-based energy supplier Green Star Energy, bolstering its existing customer base. Shell Energy, which was known as First Utility until earlier this year when it was subject to a significant rebrand, has agreed a deal to pay £10.5 million for Hudson Energy Supply UK, a UK-facing entity belonging to Canada’s
The Conservative Party has pledged a suite of new policies comprising a ‘net zero package’ which it said would put “21st Century Conservativism” at the heart of the government’s green agenda. But the suite of policies, some of which had been previously announced, has been criticised by the sector for failing to address the challenge
In case you missed it, EDF considered yesterday an opportune time to bury some bad news. It evidently wasn’t wrong, judging by scenes in Westminster yesterday evening, but the French energy giant still had a slightly difficult morning to contend with. Yesterday morning EDF confirmed that not only was its flagship UK nuclear project, Hinkley
Coal’s contribution to UK electricity generation fell to historic lows in the second quarter of this year, official government statistics have shown. Fresh electricity generation stats, released by the Department for Business, Energy and Industrial Strategy today, show that coal contributed just 0.6% of the UK’s power demand in the three months ended June 2019,
EDF’s Hinkley Point C nuclear project is at greater risk of running 15 months behind schedule and could cost the firm up to £2.9 billion more than previously estimated, the French power giant has confirmed. In a statement this morning, EDF said that following the milestone completion of the nuclear island ‘common raft’ in June
The UK’s offshore wind sector has smashed records for price in the government’s third Contracts for Difference auction round, with prices running as low as £39.65/MWh. The Department for Business, Energy and Industrial Strategy (BEIS) this morning unveiled the hotly anticipated auction results, confirming that 6GW of new offshore wind capacity will be delivered at
The government is to extend the deadline for energy suppliers to install smart meters in homes by four years to 2024. The extension, included within a consultation document published yesterday, ends months of speculation that the Department for Business, Energy and Industrial Strategy (BEIS) would relent amidst mounting pressure from suppliers that the current 2020
The two millionth SMETS2 smart meter has been installed, marking the doubling of installs since May. The Data Communications Company (DCC), which manages communications between the country’s smart meters, is celebrating milestone, which has come amidst an uptick in installs. Leading areas are seeing 1-in-7 households with a smart meter, the DCC said. Smart meters
On August 9, a thunderstorm caused 1.5 GW of generation capacity to go offline within seconds in the U.K. The incident caused millions of households to temporarily lose power but the situation could have been considerably worse if not for the country’s battery storage reserves. Renewable energy company RES claims to have averted disaster in