News
News
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Go Compare buys Dragons’ Den energy switching business
The owner of the Go Compare website, GoCo Group, has bought energy switching business Look After My Bills in a deal worth £12.5 million. The latter company appeared on the BBC’s Dragons’ Den in 2018, with two entrepreneurs negotiating the best deal in the history of the show, securing £120,000 from investors Tej Lalvani and […]
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Belgium taken to EU Court over energy market failings
Belgium has been referred to the European Court of Justice for its failure to ensure the correct implementation of EU electricity and gas market rules. The European Commission said the country did not correctly transpose certain rules on the powers of the national regulator – in particular, the Belgian regulator has not been given the […]
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The Future of Business Energy by npower Business Solutions, Energy HQ
Concerns about skills in the UK energy market is nothing new. The industry continues to undergo rapid change – for energy managers, adapting is key. With overheads and investment at risk, however, the issue is strategically critical. Developing the skills that are already within the industry to meet future demands is key. We must acknowledge […]
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Moody’s buys majority stake in climate risk data company
Major rating agency Moody’s Corporation has bought a majority stake in California-based climate risk data company Four Twenty Seven. The latter company scores physical risks associated with climate-related factors and other environmental issues, including heat and water stress, extreme precipitation, hurricanes and typhoons as well as sea level rise. Its data and indicators are used […]
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Northern Irish firm aims to roll up carpet waste for good
A flooring company in Northern Ireland aims to recycle thousands of used carpet tiles. Interface, which operates a manufacturing plant in the city of Craigavon, has launched a partnership with Belfast-based USEL, which helps people with disabilities and health conditions gain employment. Interface will now collect the tiles from customers across the island and deliver […]
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New cabinet appointments are ‘quite encouraging with respect to energy’
Boris Johnson’s new cabinet appointments are ‘quite encouraging with respect to energy’. That’s the verdict from energy expert Jeremy Nicholson, who told ELN he thought the new Prime Minister‘s reshuffle was “relatively logical”, noting that new Business and Energy Secretary Andrea Leadsom is suitably experienced for the position. He said despite concerns in some corners […]
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Boris Johnson: Britain is leading the world in battery tech
Boris Johnson said Britain is leading the world in battery technology after he became the UK’s new prime minister. Speaking outside Downing Street, he added this will help the nation reduce its carbon emissions and tackle climate change as well as produce green jobs for the next generation. The news was followed by Mr Johnson […]
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Capacity Market: Government consults on emissions limits
The government is seeking views on its proposals to make changes to the Capacity Market in order to comply with new EU carbon dioxide emissions limits. The Recast EU Electricity Regulation came into effect earlier this month as part of the Clean Energy Package, introducing a requirement for capacity mechanisms to put carbon emissions limits […]
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Nearly two-thirds of water consumers want more supplier transparency
Nearly two-thirds of water consumers want more supplier transparency. That’s according to a new report published by utility billing software business Echo Managed Services, which highlights how the public want to understand more about how their money is being used. In the survey of 1,000 customers from across the country, 65% said they were curious […]
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UK’s offshore oil and gas sector cuts emissions by 3% while upping production
The UK’s offshore oil and gas sector cut emissions by 3% in 2018 while simultaneously upping production by 4% year-on-year. That’s according to a new report from Oil Gas UK (OGUK), which described this as “stable environmental performance”. By analysing and interpreting data gathered and monitored by the Offshore Petroleum Regulator for Environment and Decommissioning […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas