by News Editor | Jul 1, 2019 | Economy, News, Thames Water, water
Thames Water’s chief financial officer has said that if the company is forced to make further budget cuts for 2020 to 2025, it would mean slowing the pace of investment in resilience projects. Brandon Rennet told Utility Week that the revised PR19 business plan...
by News Editor | Jun 4, 2019 | Assets, Economy, Eon, News, RWE
A collective bargaining agreement for “future and job security” has been reached in Germany ahead of the planned asset swap between Eon and RWE. The agreement which, Utility Week understands, only affects employees in Germany, was agreed with employers’ associations...
by News Editor | May 30, 2019 | Economy, Energy UK, News, Ofgem
Ofgem has today (29 May) launched a consultation on its proposed framework for assessing whether market conditions facilitate “effective competition”, in order for it to make a recommendation on the future of the price cap. The regulator says that in the context of...
by News Editor | Apr 2, 2019 | Economy, Electricity, News, Ofgem
Ofgem’s revised price cap on standard variable and default tariffs comes into effect today (1 April). The energy regulator, which announced the changes in February, has raised the level of the cap to £1,254 – an increase of £117. The price cap for pre-payment meter...
by News Editor | Feb 25, 2019 | Economy, Electricity, Energy UK, Environment, News
Recent advances in household-scale battery systems are making them an ever more attractive option for new home buyers, and there’s an expectation that they could become commonplace as part of a home’s electrical infrastructure in the near future. A new guide from the...
by News Editor | Feb 14, 2019 | Economy, Energy UK, News, Ofgem
Responding to Ofgem’s announcement that it is raising the level of the default price cap by £117 for an average household, Energy UK’s chief executive Lawrence Slade said: “Nobody takes the decision to increase prices lightly, but Ofgem’s announcement today...
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