Energy regulator Ofgem has initiated a consultation on ending the ban on acquisition-only energy tariffs.
This ban currently prevents energy suppliers from offering tariffs exclusively to new customers.The proposed change aims to enhance competition and reduce prices in the retail energy market.Martin Lewis, Founder and Chair of MoneySavingExpert, has expressed strong support for this initiative.
Mr Lewis emphasised the urgency of stimulating competition to lower consumer prices.
Lewis highlight
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-
Martin Lewis slams energy tariff ban as “broken market” plan launched
-
TotalEnergies, Air Products ink hydrogen deal
via renews.bizTotalEnergies, Air Products ink hydrogen deal -
RWE inaugurates 44MW Nouvions
via renews.bizRWE inaugurates 44MW Nouvions -
Zero-cent bids set up German lease shoot-out
via renews.bizZero-cent bids set up German lease shoot-out -
‘It’s just too big’: division over plans for UK’s biggest solar farm
via theguardian.comSolar projects such as Botley West in Oxfordshire are latest net zero schemes bogged down by local disputesA few hundred metres from her house, Rosemary Lewis stands at a clearing on a footpath overlooking a tract of rolling hills in the Oxfordshire countryside that could become home to UK’s largest solar farm. With plans to install 2.5m solar panels along an 11-mile (18km) stretch north of Oxford, the Botley West solar farm would be vast.The proposal is one of 30 large-scale solar project -
First monopile installed at Noirmoutier
via renews.bizFirst monopile installed at Noirmoutier -
‘Next UK government must push clean energy’
via renews.biz‘Next UK government must push clean energy’ -
Hy2gen Canada bags ammonia hub power deal
via renews.bizHy2gen Canada bags ammonia hub power deal -
BrightWind launches new data platform
via renews.bizBrightWind launches new data platform -
‘UK set to miss 2030 offshore wind target'
via renews.biz‘UK set to miss 2030 offshore wind target' -
Industry calls for clean energy focus from next UK Government
Industry body Scottish Renewables has unveiled a manifesto urging the upcoming UK Government to focus on investment, infrastructure and innovation to ensure a robust clean energy system.
The manifesto, titled ‘Clean energy future: time is now’, outlines key recommendations, including modernising the Contracts for Difference scheme and prioritising strategic infrastructure upgrades for net zero objectives.Additionally, recent polling by Survation, commissioned by Scottish Renewables, -
‘UK offshore wind manufacturing falls short of targets’
A report from the Institute for Public Policy Research (IPPR) has revealed that the UK is facing significant challenges in meeting its offshore wind targets, with potential repercussions for jobs, revenue and its net zero ambitions.The report indicates that at the current pace of installation, the UK will miss its 2030 offshore wind target by a generation, highlighting the need to triple the rate of installation to get back on track.Key barriers to progress include low levels of manufacturing ca -
Hitachi to invest $4.5bn in energy transition
via renews.bizHitachi to invest $4.5bn in energy transition -
US solar manufacturing increases 71%
The US witnessed an increase in solar panel manufacturing capacity during the first quarter of 2024, according to a report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
An 11GW of new solar module manufacturing capacity was added during this period, marking the largest growth in US solar manufacturing history.
Currently, the total annual manufacturing capacity exceeds 26GW.
Additionally, 11.8GW of new solar capacity was installed, bringing the national total to 200GW.
The -
PNE AG sells US division
via renews.bizPNE AG sells US division -
More than half of small businesses fear rising energy costs
A recent survey conducted by the Federation of Small Businesses (FSB) highlights significant concerns among small business owners regarding energy costs in the lead-up to the general election.
More than half (53%) of respondents expressed worries about rising energy costs over the next five years.The survey, which included 1,341 small business owners, also revealed that while 96% plan to vote, over half have not yet made a final decision on their choice.Taxation and operational expenses are majo -
BOEM finalises Central Atlantic review
via renews.bizBOEM finalises Central Atlantic review -
Elgin turns sod on Irish solar treble
via renews.bizElgin turns sod on Irish solar treble -
Vestas scoops 68MW Austrian turbine order
via renews.bizVestas scoops 68MW Austrian turbine order -
Sumitomo Electric scores major German cable deals
via renews.bizSumitomo Electric scores major German cable deals -
‘UK’s most productive’ onshore wind farm generates first power
The Viking Wind Farm on Shetland has produced its first power.
The wind farm, with a capacity of 443MW, is expected to become the UK’s most productive onshore wind farm when fully operational.
The final turbine was installed in August 2023, and the project is now in the commissioning phase.
Full commercial operations are expected by late summer 2024.
The wind farm will generate enough electricity to power nearly half a million homes annually.The milestone coincides with the Shetland High V -
UK solar and energy storage industry unveils election proposals
The upcoming general election presents an opportunity to enhance solar generation and energy storage, according to Solar Energy UK.Currently, the UK has 20GW of solar generation capacity and 8GW of storage capacity.
Solar Energy UK’s manifesto calls for 50GW of solar and 30GW of energy storage by 2030.
This aligns with the government’s target of 70GW of solar by 2035 and the National Infrastructure Commission’s recommendation of 60GW of short term energy flexibility by 2035.
Ro -
AMEA Power closes South African solar financing
via renews.bizAMEA Power closes South African solar financing -
Viking achieves first power
via renews.bizViking achieves first power -
New US solar additions nudge 12GW in Q1
via renews.bizNew US solar additions nudge 12GW in Q1 -
ABB helps balance Spanish island grids
via renews.bizABB helps balance Spanish island grids -
Germany clarifies hydrogen network funding
via renews.bizGermany clarifies hydrogen network funding -
REA outlines key priorities for government’s first 100 days
The Association for Renewable Energy and Clean Technology (REA) has outlined its vision for the next government‘s first 100 days in office.
The REA’s action plan emphasises the critical role of the next administration in determining whether the UK meets its legally binding net zero carbon emissions targets.Organised across the REA’s strategic pillars of Circular Bioresources, Heat and Cooling, Power and Flexibility, Transport, and cross Pillar objectives, the plan provides a de -
Food will impact your business’s overall emissions, says expert
Food choices can affect your business’ emissions.
‘What we eat is the only decision that we all make three times a day and it’s one of the most consequential and regular decisions that we make around our carbon footprint.’: said Tom Maidment ahead of his session at next month’s Big Zero Show.
‘I’ve been working on low carbon food for seven years and one of the first conversations I had with a big food company was being told that food can’t -
GoldenPeaks clinches Hungarian solar financing
via renews.bizGoldenPeaks clinches Hungarian solar financing
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