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Energy

  • Energy complaints only the tip of the iceberg

    February 27, 2020

    The true scale of customer dissatisfaction with the energy sector has been significantly underestimated, according to a new survey. Research by consumer group Which said if every consumer with a grievance against their supplier complained, the number submitted would be around 6.9m. One reason for this figure is disillusioned customers do not want to make [...]

  • UK power storage firm wins £35m investment from Japanese tech giant

    February 25, 2020

    A UK company developing technology to store power more efficiently has won a key investment from a Japanese technology firm. Highview Power, which plans to store renewable energy by using liquid air announced the $46m (£35m) investment from Sumitomo Heavy Industries today. The money will be used to help export the “CRYOBattery” technology around the [...]

  • Only five car battery tech patents filed from the UK in 2019, says BDO

    February 24, 2020

    A record number of patents were filed in 2018/2019 as countries race to develop electric car batteries – but data suggests the UK is falling behind when it comes to the automotive technology. Advisory firm BDO has found 3,400 battery patents were filed in this period, a 57 per cent increase on the year before [...]

  • We’ve got the power: Decarbonising our transport on the road to a greener nation

    February 21, 2020

    The government will soon publish its strategy on cutting emissions from cars, trains, boats and planes — and already the transport secretary has suggested that sales of combustion and hybrid vehicles could be banned from 2035. Change comes with questions. For example: how clean is our electricity? And can Britain’s energy infrastructure meet the demand [...]

  • Switching energy supplier? You could get £30 compensation for mistakes

    February 12, 2020

    Energy watchdog Ofgem has today announced a new raft of compensation measures to protect consumers from difficulties caused by switching supplier. From 1 May, customers will receive an automatic £30 payment from suppliers if they are switched by mistake, if their switch takes longer than 15 days, or if their final bill does not arrive [...]

  • Record number of cheap energy deals available for UK households

    February 5, 2020

    UK households now have a far wider choice of cheap energy deals, with 78 tariffs now priced under £1000 a year. According to consumer group Which, the number of these tariffs has exploded since the energy price cap was introduced last January, when there were only 12 available. There are also 25 deals now under [...]

  • Ofgem publishes new plan for net zero Britain

    February 3, 2020

    Ofgem has today published a new plan to decarbonise the UK’s energy system in order to meet emissions targets by 2050. The “Decarbonisation Action Plan” sets out nine actions that the energy industry must put into practice in order to ensure that the UK’s energy networks can deliver net zero. Central to the plan is [...]

  • Ovo Energy slapped with £8.9m fine for inaccurate billing

    January 29, 2020

    Ovo Energy has been charged £8.9m by industry regulator Ofgem after inaccurate information on bills led to some customers being charged too much. The challenger firm, which recently became one of the UK’s largest energy suppliers, fell foul of the watchdog after incorrect annual statements were sent to more than 500,000 customers between July 2015 [...]

  • Energy sector needs to fill 400,000 jobs to reach net zero

    January 28, 2020

    The energy sector will have to recruit 117,000 people in the next decade if the UK is to hit its net zero targets by 2050. According to new research by the National Grid, in total the UK will need to fill 400,000 jobs by 2050 to ensure it makes the transition successfully. The total number [...]

  • Powering up Britain: How the UK will become carbon neutral by 2050

    January 27, 2020

    Net zero by 2050. At first blush, it sounds like a code phrase one would hear in the halls of MI6 or in the Ministry of Defence.  But as British citizens or residents, we should remember it.  In simple terms, it is a declaration by Britain to become carbon neutral in 30 years. This may [...]

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