UK cold weather boosts profits at SSE
SSE has announced pre-tax profits of £1.4 billion for the past 12 months, a rise of more than 5% on the same period last year. This comes despite a substantial fine from regulator ofgem in the wake of the recent
Data privacy laws threaten energy management programmes
Today, the Smart Energy Demand Coalition (SEDC) released a position paper explaining how data access policies can fully protect consumer data privacy while enabling consumers to reap the energy efficiency benefits as promised by European energy policy. While fully in
New board members appointed by Ofwat
Ofwat has announced that they have appointed 3 new non-executive directors to it’s board. The new appointments, who joined on the 1st May are Christopher Burchell, managing director of Southern Railway, Martin Lawrence, managing director of energy sourcing and
MP’s told that customers could be charged for opting out of smart metering
MP’s have been told that customers could incur charges if they wish to opt out of having smart meters installed. Scottish Power’s operation’s director Andrew Ward gave evidence to the Energy and Climate Change Select Committee saying charging for meter
Ofwat chief executive resigns
Ofwat chief executive Regina Finn has resigned from her post, it was announced today. She will work her 6 month notice period and then hand over to her successor prior to the work beginning for the next price review. The
Ofgem Chief Executive opens new Smarter Grid Solutions HQ in Glasgow
A new head office for the pioneering smart grid technology company, Smarter Grid Solutions was opened in Glasgow today by Alistair Buchanan CBE Chief Executive of Ofgem. The office is based in Corunna House, Cadogan Street in central Glasgow. The
European residential energy pricing report 2013 launched
The VaasaETT Global Energy Think-Tank today released the third edition of the European Residential Energy Price Report. The report is based on findings from the renowned Household Energy Price Index (Europe’s leading source for up-to-date household energy prices), published by
Rollout for smart meters delayed by 12 months
A delay in the rollout of smart meters has been accepted by industry figures, as the government made a “prudent” and “inevitable” decision to delay. Under the original timeline, suppliers were to start mass installations in the second quarter of
New interim CEO appointed at Ofgem
Head of markets at Ofgem, Andrew Wright has been appointed interim chief executive, taking over from Alistair Buchanan who leaves on 27th June. There will not be an official permanent replacement announced until a new chair for Ofgem has been
The Queen confirms that water reforms will improve the industry
In the Queen’s speech today, it was confirmed that there will be competition introduced to the water and sewerage markets in this parliament. The speech said that the government will move forward to improve the water industry. The draft Water
