Policy

Editor's picks

Alison Rose, the chief executive of Natwest, has been announced as the co-chair of the government’s Energy Efficiency Taskforce. The group, which will be jointly led by energy minister Lord Callanan, has been tasked with helping to reduce national energy consumption by 15% over the next seven years through insulation measures, boiler upgrades and other energy efficiency initiatives.
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The investment climate for low carbon generation has “deteriorated significantly” in recent months, with the UK facing a potential £62 billion shortfall over the next decade, industry experts have warned. A report published by Energy UK states that without “rapid government intervention” the UK’s energy security and net zero targets will be undermined due to a lack of private sector investment, with “crippling consequences for the country”.
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Government is still pursuing hefty fines of up to £250 million as a deterrent to polluters, Therese Coffey confirmed. The Defra secretary demanded detailed plans on how water and sewerage companies intend to address each combined sewer overflow in their region as the sector works to minimise the risk of harm from discharges.
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Featured

The formation of a new energy security and net zero department has been welcomed by the utilities sector but will it actually prove to be an improvement on its sprawling and ineffective predecessor? David Blackman asks whether a standalone energy department risks being sidelined and if net zero really will be at the heart of its mandate.
Analysis
The government’s proposals to align the Capacity Market with the UK’s net zero target have been welcomed as a sensible pathway away from unabated gas generation. However, experts tell Utility Week this commitment must be matched by a concerted push to ramp up low-carbon flexibility.
Analysis
The controversy over forced installations of prepayment meters has sparked renewed questions over whether Ofgem is failing to enforce its own rules. Former senior partner Maxine Frerk details her concerns around whether the regulator is listening to the wrong voices.
Opinion

Latest in Policy

In his final water-related speech as head of the Environment Agency James Bevan called for a debate about rivers and pollution based on facts, rather than "wild assertions, myths and outright untruths". He said every person has a role to play to improve the water environment but said water companies and farmers as "the main polluters" need to address culture and behaviour change as well as invest in assets and infrastructure.
News
Ofgem is exploring options to reduce the need for prepayment meters to be installed in consumers’ homes following the recent outcry over alleged supplier malpractice. Meanwhile the regulator’s chief executive Jonathan Brearley has called for installations to be reversed and compensation offered where rules have been broken.
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With economic and political headwinds threatening the UK’s transition to net zero, Energy UK fears that the country is set to lose out on £62 billion of low carbon investment over the next decade. Yet the trade body believes it is not too late for the government to act. Writing for Utility Week, policy experts Adam Berman and Mark Williams outline a series of measures they believe the UK will need to make the market sufficiently attractive for investors.  
Opinion
A further £6 billion cost increase at Hinkley Point C will test the government’s commitment to funding future large-scale nuclear projects, according to energy industry experts. EDF has admitted that construction of the 3.2GW power plant is now estimated to cost as much as £32.7 billion.
News
More than £7 billion from the Energy Bills Support Scheme (EBSS) has been provided to 98% of eligible households, with January seeing a record number of prepayment meter (PPM) vouchers redeemed. To date 76% of all EBSS vouchers have now been redeemed.
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The Japanese owners of SES Water are reportedly putting the business up for sale due to their reluctance to inject fresh equity into the highly-geared company. Meanwhile, Grant Shapps, head of the newly-formed Department for Energy Security and Net Zero, discusses his plans to make British energy the cheapest in Europe. This and more in Utility Week’s latest round-up of the weekend’s papers.  
News
Meeting the government’s target for a fivefold increase in solar generation by 2035 would require less new land than that currently covered by the UK’s airports, according to backers of solar power. Solar Energy UK has presented figures MPs in a bid to counter concerns that valuable agricultural land will be swallowed up in order to meet increased solar generation.
News
Ofgem chief Jonathan Brearley has admitted unrecoverable debts arising as a result of the ban on forced PPM installations could increase bills for paying customers. In a letter to energy retailers Brearley confirmed the ban on PPM installs by warrant extends to the remote switching of smart meters to prepay mode and that it would last until 31 March.
News
Good Energy’s chief executive has criticised the current protections in place for vulnerable customers as "an unhelpful fudge", as he warned debt issues could "spiral out of control" if the use of prepayment meters (PPM) is discouraged. 
News
With prepayment meters (PPMs) currently acting as a lightning rod for criticism of the energy retail sector, Utility Week speaks to the chief executive of the country’s only PPM specialist. Utilita’s Bill Bullen discusses politicians “jumping on the bandwagon”, Ofgem’s “unachievable and inconsistent” directions and “lazy, middle-class assumptions” around PPMs, as well as his challenge to other retailers to get out of the HQ and onto the high street.
Interviews
Consumers could be encouraged to take up low-carbon technologies such as electric vehicles and heat pumps through a student-loan type scheme, an industry expert has suggested. Jo Jo Hubbard, chief executive of Electron, told Utility Week more focus is needed on propositions that are "incentivising the right kind of behaviour".
News
Energy retailers have delivered more than £8.5 billion in estimated lifetime bill savings to fuel poor and vulnerable consumers through the ECO3 scheme, Ofgem figures have revealed. The regulator’s final determination report into the scheme, which ran from October 2018 to March 2022, shows that a total of more than 1 million measures were installed during this period. Only one supplier failed to fulfill its obligations, leaving a £35 million shortfall.
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