Ofgem, the energy markets regulator for the UK, has gone ahead with the budget cut for the Hinkley Point C nuclear power station located in Somerset, England.
Ofgem had previously proposed an £80-million budget cut on the project allocation
E.ON is one of the UK’s energy firms that have had a bit of rough history with the industry regulator Ofgem. After a couple of unfortunate incidents, energy companies would usually make efforts to avoid further run-ins with the industry watchdog.
However, E.ON continues to find itself on the wrong side of things with Ofgem even after a decade of trading in the market.
Yorkshire is on the way to acquiring its energy storage facility with Banks Renewables planning to invest £700,000 for a 1MW storage capacity at Hazlehead Wind Farm, Yorkshire. This project is Bank Renewables’ first investment in the co-location of energy generation and storage facilities. The company is under the family-owned group of North East property and Energy business, the Banks Group.
The Water Saving Week has now reached its sixth consecutive year, aiming to inspire the country to save water and get people to act on it. Waterwise, an independent non-profit organizes the Water Saving Week every year. This organisation is the UK’s leading authority on water efficiency.
As the Covid-19 pandemic hits energy demand across the UK, the National Grid has issued a warning to UK power plants as well as wind farms that they may be asked to switch off. It is required to prevent the network from being overwhelmed by an oversupply of electricity as demand continues to fall.
As more evidence on nPower’s poor customer handling and business practises come to light, it seems that merely switching over to another provider may not be the solution for a nPower customer.