Energy regulator Ofgem has written to the chief executives of energy companies to tell them to improve the way they handle customer complaints or face regulatory action.
The cost of the new Capacity Market (CM) is "unbelievably sensitive" to a range of factors in the bids submitted to the process, including the number of years used to recover costs, electricity prices and prices bid into the auction, Dan Roberts o
The Select Committee on Energy and Climate Change has opened a new inquiry into the implementation of electricity market reform (EMR).
It will ask:
ABB hopes to see a breakeven fourth quarter in 2014 for its troubled power systems business, the company said during an investor day in September.
The Department of Energy and Climate Change (Decc) has asked for comments on plans to ease ownership restrictions, introduced in accordance with the EU's "third package" of market reforms.
SSE has sold its subsidiary SSE Pipelines Ltd to a new fund, the Environmental Capital Fund (ECF) for £52.7 million. ECF is managed by Scottish Equity Partners LLP (SEP).
Government will not take decisions on investment support for leading carbon capture and storage (CCS) projects until early 2016, a government response to the Select Committee on Energy and Climate Change suggests.
Energy secretary Ed Davey has given the green light to CGEN Killingholme for the company’s proposals for a 470MW plant on the south bank of the Humber Estuary near North Killingholme, Lincolnshire.
Carlton Power has appointed a consortium of GE, along with Tecnicas Reunidas and Ferrovial Agroman of Spain, engineering contractor for its Trafford Power project near Manchester. Carlton Power has also purchased GE’s interest in the 1500MW Thorp