The Competition and Markets Authority (CMA) published the preliminary findings in their report in July, with regard to the energy market and its issues. Along with a proposal to set up a Safeguard Regulated Tariff which would protect all ‘disengaged’ customers from high standard variable tariffs, the CMA also suggested an Ofgem managed comparison service which […]
Environment Agency to accept late ESOS entries
While, the deadline still remains at 5th December 2015 to submit ESOS audits, a new amendment suggests that as long as qualifying businesses have notified the Environment Agency that completion will be delayed, then they’ll have until end of January to actually comply. The new measures were put into place as only 371 firms have […]
Time is running out to submit ESOS Reports
Time may already be up for many businesses to comply with the EU Energy Efficiency Directive and submit their ESOS report, as a host of lead assessors are no longer taking new business. With just 60 days to go, energy giant Inenco has already put an end to their ESOS services as the audits take “at least two […]
Renewable energy investment is the only way to hit carbon targets
National Grid have released their Future Energy Scenarios, which lists maximum deployment of renewable technologies as the only solution to meeting carbon reduction targets set by the EU. National Grid said its Gone Green pathway is “the only scenario to achieve all renewable and carbon targets on time”, supplying 34% of the UK’s electricity by […]
Big Six breathe a sigh of relief over CMA findings
The Competition and Markets Authority (CMA) were tasked with looking into the structure of the Big Six energy suppliers amid fears they had a monopoly over the energy market. Calls were being made to potentially separate retail and business arms in each of the companies as it was felt they may have been taking advantage […]
Bye bye to Ofgem’s SMI
We’d predicted it wouldn’t be long before people caught on to Ofgem’s dodgy supply market indicator (SMI) reports. The SMI aimed to provide a 12-month forward view of cost trends using the average annual consumer bill and estimates of the annual cost per customer to the supplier, including wholesale commodity and policy costs. Excellent news […]