Consumers are willing to pay more towards the low carbon energy transition, but only if energy companies and government accept their share of responsibility, new research has found.
Challenger supplier OVO Energy has been appointed by Ofgem to take over Economy Energy’s 235,000 customers following the supplier’s collapse earlier this week.
The government has unveiled proposals to introduce a new ‘Smart Export Guarantee’ (SEG) for small-scale renewables, legislating for large suppliers to essentially purchase green power exported to the grid.
National Grid has outlined how renewables could participate in the Capacity Market, unveiling technology-specific de-rating factors that range from 1-15%.
A trio of green energy firms have been granted temporary derogations from the energy price cap, allowing them to charge above the determined limit on standard variable tariffs (SVTs).
Renewables provided almost one-third of the UK’s total power output in Q3 2018, a record high for that period of the year, boosted by the summer’s heatwave and high wind speeds.
