News
News
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ELCC Session on: Transitioning to a smart service: Data for quoting and behaviour change
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ELCC Session on: Sustainability: What a load of rubbish?
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Octopus Energy chief warns of outdated smart meters
Octopus Energy Founder, Greg Jackson, has issued a warning regarding the functionality of smart meters, asserting that the technology is outdated. Responding to a complaint from a billpayer on X, Mr Jackson emphasised: “We’ve had a million such sessions looking at those darned things. They’re so bad.” Mr Jackson explained the challenges, stating, “Smart meters can […]
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Head of UK’s heat pump drive ‘still uses gas at home’
The Minister for Energy Efficiency and Green Finance, Lord Callanan, is facing scrutiny after reportedly revealing his continued use of a gas boiler at a roundtable QA event in London. Despite spearheading the initiative to encourage households to switch to heat pumps, critics, including Senior Conservative MP Sir John Redwood, argue that the cost of […]
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UK backs low carbon vessel for floating offshore wind
The UK Government has allocated funding to a consortium to develop a low carbon installation vessel for the floating offshore wind market. Led by Morek Engineering, the consortium, including Solis Marine Engineering, Tope Ocean, First Marine Solutions and Celtic Sea Power, secured the funding through the Clean Maritime Demonstration Competition. The project aims to address […]
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Call for heat pump tariff discounts
The Heat Pump Association (HPA) has presented a proposal for heat pump tariff discounts, addressing the challenges posed by elevated electricity prices impacting the domestic heating market in Britain. The initiative is designed to counteract distortions caused by levies on electricity bills and create a more affordable pathway to greener heating. The proposed discount, starting […]
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Soaring standing charges hit UK’s largest pumping station
Drainage authority, the Middle Level Commissioners, overseeing 29 Internal Drainage Boards (IDBs) and the UK’s largest pumping station, St Germans Pumping Station, has expressed concerns over a significant surge in standing charges. Due to the targeted charging review, the authority has seen standing charges rise by 509%, totalling £155,662 across 67 electric meters. St Germans […]
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UK-France interconnector decision faces delay
The UK Government has postponed a decision on the proposed Aquind Interconnector, an electricity link connecting England to France, due to an intervention by the Ministry of Defence (MoD). Aquind Ltd seeks to lay cables through Portsmouth, Hampshire, to Normandy, a proposal that has encountered objections from residents, campaigners and local MPs, including Penny Mordaunt. […]
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Scotland’s renewable generation soars to 113% of electricity needs
Scotland‘s renewable energy production surpassed its electricity consumption, reaching 113% in 2022. According to the latest Energy Statistics for Scotland report, this growth marks a notable increase of 26% from the previous year. The report underscores the Scottish Government‘s active pursuit of measures to amplify renewable technologies, aiming to transform and expand the clean energy […]
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Octopus posts first-ever £203m profit in eight years
Octopus Energy has reported a full-year profit of £203 million for the first time since its launch eight years ago. The results for the fiscal year 2022-2023, ending on 30th April 2023, showcase the company’s financial performance, with revenues tripling to £13 billion. Despite cumulative losses in UK retail reaching £71 million since its inception […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas