The recent COVID-19 pandemic has put a halt on smart meter rollouts in the UK and now that the lockdown is easing up suppliers are slowly resuming such installations.
Four of the country’s Big Six suppliers, including British Gas, Npower, E.ON, and SSE,
Npower, recently acquired by E.ON, is one of the UK’s largest suppliers of gas and electricity. It has gained a customer base making it a Big Six energy provider along with British Gas, E.ON, Scottish Power, SSE, and EDF.
The UK’s industry regulator Ofgem confirmed its decision to allow energy suppliers to defer network payments in light of the on-going COVID-19 pandemic. The new scheme, amounting to £350 million, will support energy providers that are yet to have their investment-grade credit rating.
The recent May bank holiday in the UK sparked the lowest-ever electricity demand across the country. While low demand may sound easy to handle, there is a lot of work that goes on to ensure that the National Grid does not collapse. There needs to be a balance between generation and supply across the country.
The UK Energy sector is continuously changing—right from the development of new plants to net-zero targets and penalties sanctioned by the industry watchdog Ofgem.
However, one thing that remains steady is the complaints related to poor customer
Britain’s electricity network witnessed another exceptional weekend during the most recent bank holiday as its carbon intensity dropped to lifetime lows. Alongside the record-breaking carbon drop, wholesale power prices also went below-zero.