Independent energy provider calls for tougher regulator

Following yesterday’s meeting between the Department of Energy and Climate Change and new energy providers, a new energy provider called for tougher action from Ofgem in making a better marketplace for customers Stephen Fitzpatrick, Founder and Managing Director of Ovo Energy, said: “UK families don’t want too much, just to pay a reasonable price for […]

SSE sells wind interests

SSE has sold a 50% share, 36MW, in the Braes of Doune onshore wind farm to a fund managed by Climate Change Capital for £61.3 million.The agreement follows the April 2011 sale to Infinis of SSE’s 100% interest in three onshore wind farms, with a total capacity of 96.8MW, for £178.4 million. Gregor Alexander, Finance […]

£20m for marine tech

The UK government has pledged £20 million to go toward developing marine technologies. Expected to start next spring, the money will support two projects in testing prototypes in array formations- the final development stage in generating large scale electricity from marine power prior to commercial roll out. Climate Change Minister Greg Barker said: “Marine power […]