Author Archive
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Price cap predicted to drop by 14% in April 2024
Forecasts for the default tariff cap in April 2024 indicate a 14% decrease, with a typical dual fuel consumer expected to pay £1,660 annually, reflecting a £268 reduction from January bills. This downward trend is anticipated to continue, reaching £1,590 in July before a slight increase to £1,640 in October, according to Cornwall Insight. The […]
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Ofgem takes action on EDF “billing problems”
Ofgem has taken prompt action in response to reported billing issues at EDF. Ofgem has engaged with EDF, directing them to thoroughly investigate and verify the extent of the problem. Emphasising urgency, Ofgem has also sought details on the corrective measures EDF plans to implement to prevent similar errors in the future. The energy regulator […]
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Pipeline of UK energy storage projects surges by two-thirds
The pipeline of energy storage projects has increased by 68.6%, equivalent to 34.5GW, over the past year. That’s according to a recent report by RenewableUK, which suggests the total battery project pipeline now stands at 84.8GW, up from 50.3GW a year ago. England leads with 60% of the overall pipeline, totalling 50,763MW, including the highest […]
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New facility receives first nuclear waste shipment
Sellafield’s newly operational Box Encapsulation Plant Product Store (BEPPS) achieved a milestone by receiving its first shipment of nuclear waste. BEPPS, an above-ground vault, is equipped to store intermediate-level waste safely for the next century. With a capacity for 6,681 waste boxes and the ability to handle up to nine boxes every 24 hours, BEPPS […]
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SSEN launches net zero training tool for councils
Scottish and Southern Electricity Networks (SSEN) has initiated training for the first group of five local authorities on its local energy net zero accelerator (LENZA) tool. Developed in collaboration with Advanced Infrastructure Technology Ltd., LENZA aims to assist councils in developing effective local area energy plans. The tool, launched in October, provides real time network […]
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E-bike fire prompts safety warning ahead of Christmas
A serious house fire in Hackney believed to be caused by an e-bike battery failure, has left a woman critically injured after jumping from a window to escape. The blaze destroyed most of the three-story house, prompting the London Fire Brigade to issue a warning regarding e-bike safety. Assistant Commissioner Charlie Pugsley urged owners not […]
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“UK’s 2035 power decarbonisation unlikely”
The UK’s goal to decarbonise its power system by 2035 appears unattainable, according to analysis from Aurora Energy Research. Modelling by the group indicates that offshore wind capacity must increase over fourfold, nuclear power needs a 35% growth, and pumped hydro storage must surge by over 150% to meet the target. Aurora states that these […]
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Statkraft to acquire major Loch Ness pumped storage hydro project
Statkraft has agreed to acquire the Red John Pumped Storage Hydro Scheme from Intelligent Land Investments Group. The 450MW scheme, granted consent by Scottish Government ministers in June 2021, is approximately 14 kilometres southwest of Inverness. The Red John scheme aims to capture excess renewable energy and store it for future use, contributing to the […]
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Available to watch: Leveraging the Evolving European Renewable Energy Policy Landscape to Accelerate Decarbonization
Navigating these changes is critical as organizations aim to meet bold sustainability targets and future-proof their businesses. On a webinar last week hosted by Alfa Energy and parent company Edison Energy, we explored the evolving EU regulatory and policy landscape and its impact on corporate energy procurement, looking at ways to strengthen organizations through policy […]
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‘Urgent action needed to halt supplier failures and rising bills’
The energy price crisis has left millions of households struggling to meet their bills, even with a recent decline in prices. In response to Ofgem’s recent announcement on the recovery of bad debt, consultancy Cornwall Insight suggests urgent measures are needed to prevent the vicious cycle of supplier failures and rising energy bills. Dr Matthew […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas