2018 has already proved to be a significant year for OVO Energy, with the independent supplier taking on a range of new initiatives, products and business models. Director of strategy Toby Ferenczi explains to Current± how OVO is setting itself apart within the energy sector.
Articles tagged with: smart meters
Ofgem has given Western Power Distribution (WPD) the green light to access domestic smart meter consumption data, which the distribution network operator (DNO) says will enable it to tackle “the increasing challenge” of embedded generation on its low voltage (LV) network.
The government will publish annual reports on the current and planned roll out of smart meters after the House of Lords expressed concern about a scheme which some Lords said was in “disarray”.
Smart energy switching tech provider Labrador has finally launched its product to the UK market, offering “industry-first”, frictionless switching.
Northern Powergrid has launched a six-stage plan to reduce losses and carbon emissions across its network, utilising smart meter data to enhance its knowledge of the 3.9 million homes and businesses it serves.
Octopus Energy has taken the plunge and is now offering customers cash in exchange for taking excess electricity off the grid at times of negative pricing in an extension of its ‘transparent’ tracker tariff released last year.
The UK’s largest energy companies need to install around a million smart meters every month between them to meet the 2020 roll-out target, according to analysis by consumer group Which?.
Northern Powergrid (NPg) has unveiled an £83 million plan to upgrade thousands of substations across its network with new communications systems to create “the backbone of a smart grid” fit for the future.
The European Council has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.