Drax snaps up Opus
Drax has completed its acquisition of business energy supplier Opus Energy.
Drax has completed its acquisition of business energy supplier Opus Energy.
Ian Smyth has taken on a tenth of UK Power Networks’ business: its deregulated services business.
The government should begin to publish an annual report on how subsidies covered by the Levy Control Framework (LCF) are affecting energy prices and customer bills, and produce the first one by April.
“What Brexit gives us is an increased cost base,” Ian Crummack, managing director of Cobalt Energy, told the Energy from Waste conference this month.
A key question for Scotland’s emerging energy strategy, now under consultation, is how to replace the system benefits currently provided by its two large nuclear power plants.
Two items dropped into New Power’s inbox on the same day: the Energy and Utilities Alliance announced that between 2009 and 2016, 12.6 million homes in the UK had a new gas boiler fitted, but only 113,299 air source heat pumps were installed, “eve
Meanwhile, modifications elsewhere in the complex system of charging regimes and support mechanisms could also affect small peaking plant on customer sites.
Ofgem faces legal action from developers of embedded generation if it presses ahead with plans to dramatically reduce the benefit they get from Triad payments.
Intergen won a new OCGT contract in the capacity market, but two CCGTs failed. Mark Somerset, vice president of development, EMEA, tells Janet Wood that doing business in the UK needs ‘patience and nerves of steel’
Customers, both domestic and business, are about to become much more important drivers of change in the energy market. In a decade they could be far more influential than industry bodies like utilities or central government.