Investment: Pension funds to open doors
The government is acting to encourage direct investments from UK pension funds into activities that fulfil environmental, social and governance (ESG) aims – such as investments in green energy.
Archive
RHI inquiry hears of panic and blunders by officials
The public inquiry into Northern Ireland’s botched renewable heat incentive (RHI) scheme has heard more evidence of blunders made by officials.
July News in Brief
Hermes Investment Management has introduced a carbon tool for fund managers to assess their fund’s carbon performance.
July people news
Professor Martin Cave is the preferred candidate to be the new chair of Ofgem. Cave was deputy chair at the UK Competition Commission and deputy panel chair of the Competition and Markets Authority where he argued in favour of a price cap.
Upgrading Dcusa aims to offer simpler processes to cut barriers for new entrants
New suppliers, asset developers and others using the distribution networks should have a smoother and easier process to work out the costs of using the network, according to central body Electralink.
New markets or new competitors? European utilities look to the future and an EV surge
Francesco Starace, group chief executive of Enel and Eurelectric’s current president, had some good news for electricity utilities at the group’s annual summit.
SO claims successes for Power Responsive demand-response services
As National Grid launched its road map for black start and reactive power, its head of commercial power, Cathy McClay, told National Grid’s annual Power Responsive meeting how the market for demand-side response services had grown.
NGET sets out road maps to open up black start and reactive power markets
NGET is planning to start market trials in the first half of 2020/21 for a new black-start service.
Smets 2 test failures put plans for rollout from October under pressure
Utilities face a deadline of October to halt installation of early-version smart meters (so-called Smets 1 versions) and start mass rollout of a new, Smets 2 version.
Peaking plant fail in challenge to Ofgem decision over Triad payments
A new charging regime that will cut payments available to small embedded generators from Triad avoidance will remain in effect after a group of operators led by Peak Gen failed in their bid to win a judicial review.