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Industry responds to Labour’s energy nationalisation plans

It announced plans to take National Grid into public ownership as well as replace the existing distribution network operators

EU flags
E.ON files planned innogy acquisition with EU

RWE is currently the controlling shareholder in the renewable energy business

New UK Supergen Energy hubs receive £16m funding

They will focus on offshore renewable energy, bioenergy, energy networks and solar power

Energy networks group opens door for innovation

An energy networks group has launched its first consultation to accelerate and improve low carbon innovations. The Energy Networks Association (ENA) says businesses managing such systems need to evolve so new technologies such as renewable generation, electric vehicles and battery storage units can be delivered. The group suggests input from the widest range of stakeholders […]

Citizens Advice tell networks ‘give our money back’

A £285 rebate should be given to every gas and electricity user in the UK after they were charged too much by network operators. That’s according to Citizens Advice, which has suggested energy network companies have made around £7.5 billion in profits at the expense of consumers over the last eight years. The national charity says key decisions […]

‘Energy networks need more SME innovation’

Energy networks are adopting innovations from small and medium-sized enterprises (SMEs) but more needs to be done. That’s according to new research from the Energy Innovation Centre (EIC) and the Energy Systems Catapult, which have studied how key players in the industry are working with SMEs to develop new technologies and business models. The survey showed 80% of […]

Nissan-Northern Powergrid aim to drive innovation

Electric vehicle (EV) manufacturer Nissan and Northern Powergrid have joined forces to explore a range of innovative projects over the next six years. The two organisations, through a new Memorandum of Understanding, will look at how EVs, batteries and other technologies can support energy networks. The projects will include exploring how new technologies can enhance […]

‘UK must make energy network decisions now’

The UK needs to make decisions about the future of its energy systems sooner rather than later. That’s according to a new report from the Energy Technologies Institute (ETI), which says choices need to be made about which infrastructure to expand, maintain or decommission, as well as figuring out when and how this should be […]

Ofgem reduces allowed revenues for network operators

Ofgem has announced it has reduced the revenues that energy network operators are allowed by £510.5 million for the next year. The regulator makes annual adjustments for revenues they can collect from customers. The decision to reduce the allowed revenue is due to less spending required to deliver outputs, lower interest rates in debt markets and […]

UK energy system ‘needs upgrades for low carbon transition’

Moving to a low carbon system will require existing energy networks to be “radically transformed”. A new report from the Energy Technologies Institute (ETI) says current regulatory frameworks are not designed to enable and incentivise the investment needed to move to a low carbon solution. It suggests the UK Government must decide what new networks are […]