Dwr Cymru Welsh Water has signed a five-year deal with DONG Energy to guarantee the energy it buys from the grid will come from renewable energy sources, as it announces plans to increase its own generation capabilities to supply 30% of its energy needs by 2019.
The renewables and decentralised energy generation industries have slammed Ofgem’s decision to cut embedded benefits, warning that it risks damaging next-generation power flexibility.
Commercial and industrial (C&I) businesses are to be offered free energy storage services from Omnio, a new firm set up to address the ‘overlooked’ market of small, distributed energy users.
Tesco has pledged to source all of its global electricity requirements from renewables by 2030 on its path to becoming a zero carbon company by 2050, in an effort to meet the climate change targets set at COP21.
French utility Engie has announced its entry into the UK home energy market with plans to launch a tracker tariff in the summer, less than a week after Octopus Energy unveiled a similar offer.
Octopus Energy has launched what it calls the UK’s first ‘transparent’ tariff which provides customers with a daily update of wholesale gas and electricity prices, adjusting the price they pay accordingly.
A new digital energy company is seeking to undercut traditional ‘Big 6’ companies with a renewable supply offer delivered “at cost” offering both carbon and financial savings to customers.
The London Assembly’s Environment Committee has thrown its support behind plans to expand the capital’s Energy for Londoners (EfL) scheme into a fully licensed, domestic electricity supplier.
Vattenfall is to become the latest European energy company to enter the UK’s business energy market with an offer to energy intensive firms, supplied by over 1GW of capacity from its UK wind farms.
Energy technology provider Utiligroup has been bought up by US investment firm Accel-KKR as the company seeks to enter the competitive European market and make its presence felt in the UK.
