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Industry News Roundup May 2020

Thursday 07/05 – The latest BEIS Public Attitudes Tracker shows that 64% of the public are unaware of the concept of net zero. National Grid Electricity System Operator and EDF agree a one off, fixed term contract with to reduce output from Sizewell B nuclear power station.

Wednesday 06/05 – The Committee on Climate Change writes to the Prime Minister and First Ministers in Scotland, Wales and Northern Ireland, putting forward six recommended actions to help the UK recover from the COVID-19 crisis. The Oil and Gas Authority announces it is seeking views on its intention to “refresh its core aim”, including a requirement for industry to help the government achieve the 2050 net zero target.

Tuesday 05/05 – Research commissioned by Ofgem is published, capturing the impacts of social distancing on domestic energy consumption, consumers’ financial well-being and concerns regarding managing bills and contacting suppliers. E.ON announces that it is to combine its I&C business with npower Business Solutions.

Monday 04/05 – The National Infrastructure Commission publishes a Net Zero: Commission Recommendations and the Net Zero Target document. Ofgem publishes a letter setting out its expectations of suppliers involved in a trade sale.

Friday 01/05 – The Heat Networks Industry Council agrees on a new consumer protection scheme during the COVID-19 crisis. Origin Energy, an Australian energy company, acquires a 20% stake in Octopus Energy.

Written By Graham Paul


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