2014 June news archive


26 June

Ofgem to launch biggest ever investigation into energy market

Gas hob 2The 'Big Six' and the UK's other energy suppliers are bracing themselves for the biggest ever investigation into the energy market by Ofgem. A comprehensive investigation is set to be conducted by the Competition and Markets Authority into claims of collusion and profiteering and will take around 18 months to complete. Ofgem chief executive, Dermot ...

25 June

UK breaks its record for solar generated electricity production

Green Energy - Solar PanelsBritain has smashed its previous record for the generation of solar electricity, industry reports have revealed. The UK almost doubled the energy production reached this last year, but it is Germany soaring ahead in terms of solar power use, with the solar energy generating an impressive 50% of the nation's electricity at the beginning of ...

24 June

Good Energy opens first Dorset solar energy farm

Green Energy PlugGood Energy has officially opened its first solar farm in Dorset. Electricity generation at the five megawatt facility began earlier this week. Work on the site at Tout Hill, near the village of Wool, originally started in April. By harnessing the energy provided by the sun, the site will be capable of producing enough green electricity ...

23 June

Trillion Fund launches ambitious £5m crowd-funded wind turbine project

Green Energy - Turbines WindmillsA crowd-funding company has launched what it has described as the UK's biggest peer-to-peer financed wind energy project - a £5m scheme to install a number of mid-sized wind turbines at locations across the UK. Trillion Fund has teamed up with E2Energy, a joint venture between Endurance and Earthmill, to offer investors the opportunity to ...

20 June

Npower told by Ofgem, fix customer service failings or stop new sales

Gas hob 1Big Six energy supplier Npower has been warned by Ofgem it may be forced to stop new sales, unless it addresses a number of customer service failures including sending bills out in time. The UK's energy regulator warned the firm it needed to start meeting monthly targets on late billing within the next three months, ...

19 June

ScottishPower faces renewed challenge over £79m warranty scandal

Electrical dischargeOne of the UK's Big Six energy suppliers has once again been embroiled in one of the country's largest ever extended-warranty scandals - more than a decade after initially making a £6m settlement. Scottish Power has been accused of evading payments owed to more than 600,000 customers at a valued at a staggering sum of ...

16 June

Ofgem confirms time to switch energy supplier set to be cut in half

Electrical dischargeThe time it takes homeowners to switch energy suppliers is set to be slashed in half Ofgem has confirmed. The energy regulator has struck a deal with the energy industry to ensure from December 31, 2014 the switching time will drop to only three days, with a 14 day cooling off period. By making such ...

13 June

Irish energy supplier Vayu set to expand into the UK energy sector

Blue flames of gasAn Irish energy supplier is set to join the UK energy market it has revealed. Vayu will expand into the UK natural gas market with the aim of targeting the industrial and commercial sectors as it looks to capitalise on a UK sector significantly larger than Ireland's. Vayu commercial director, Liam Faulkner, said: "We believe ...

12 June

Ofgem criticises 'Big Six' for not handing down savings to customers

Burning Gas OvenOfgem has slammed the UK's 'Big Six' energy suppliers over their failure to amend energy bills in line with a fall in wholesale prices in an open letter to the firms. The energy regulator claimed the firms risk 'undermining public confidence' with their inaction and should explain to customers exactly why the savings from falling ...

12 June

More than half of Britons don't trust energy suppliers - SMCDB survey finds

Power stationJust over half of people in Great Britain don't trust energy suppliers, a recent survey has found. Around 51 per cent of the 10,000 adults who participated in the poll, conducted by the Smart Meter Central Delivery Body (SMCDB), stated that they lacked trust in any supplier. The figure increased to 57 per cent for ...

10 June

New study: Less than half of UK households would install a smart meter

Green Energy PlugNew research has shown British homeowners response to smart meters as luke-warm at best. Fewer than half of the households participating in the Government backed study said they would want an energy smart meter, a major blow to its plans to have every home installed with one by 2020: A move which will cost a ...

09 June

New £9.5m research facility set to aid marine energy development in UK

Green Energy PlugThe trade association of the wind waves and tidal energies has praised the University of Edinburgh's new marine energy centre, calling it a huge step in the development of renewable energies. RenewableUK praised the FloWave Ocean Energy Research facility, which cost around £9.5m to develop, but is reported to be the first of its kind ...

04 June

IEA: £23 trillion investment needed to keep lights on worldwide by 2035

PlugLights could go out across the globe unless a staggering $48 trillion (£28 trillion) is invested in energy provision according to a stark warning from the International Energy Agency (IEA). The leading international energy think tank warned that due to the world's population continuing to grow at a rapid pace, the global blackout could happen ...

03 June

Energy UK chief Angela Knight urges shift in green energy policies

Green Energy - Solar PanelsAngela Knight has told an audience at a major energy convention in the UK that a shift in political thinking seen in the recent EU elections should also be reflected in the EU's energy policies. The CEO of the main representative of the UK's energy companies told the Eurelectric Convention in London the EU should ...

02 June

UK slips to sixth in Ernst & Young renewable energy rankings

Green Energy - Turbines WindmillsThe UK has slipped down to sixth in the latest Renewable Energy Country Attractiveness Indices (RECAI), leading to a stark warning on the issue of policy 'tinkering' damaging the country's clean energy investment. It is the first time the UK has fallen out of the top five of the quarterly review conducted by Ernst & ...