Utility Week - authoritative, impartial and essential reading for senior people within utilities, regulators and government
Issue link: https://fhpublishing.uberflip.com/i/271780
UtILItY WEEK | 7th - 13th March 2014 | 5 Grants awarded to Scottish marine energy projects by two European funds £4.8m Breakdown of Good Energy dual fuel price increase an- nounced this week on an average bill % change £ change Wholesale energy cost -1. % -£12.13 Distribution and Transmission 0.3% £3.93 Renewables 0.9% £9.98 Preparing for smart metering rollout 1.5% £18.16 Retail Market Review (Ofgem's requirements for billing, customer comms, etc) 0.4% £4.94 VAT 0.1% £1.24 total increase £26.12 5.00 10.00 15.00 20.00 25.00 30.00 35.00 £26.12 40.00 £3.93 £9.98 £18.16 £4.94 £1.24 -£12.13 0 The government must maintain a stable regulatory environment to continue to attract investment, Iberdrola bosses told deputy prime minister Nick Clegg on Wednesday. Chairman Ignacio Galan outlined the Spanish company's plan to invest £10 billion over the next decade via Scottish Power businesses. Also present was Keith Anderson, chief corporate officer of Scottish Power, who said it was "a good constructive meeting". WatEr Campaign aims at drain pollution Water companies have given their backing to ConnectRight, a campaign by the National Miscon- nections Strategy Group aimed at reducing water pollution caused by misconnected drains and sewers. During a high-profile launch of the campaign's new website in London, trade body Water UK, the Environ- ment Agency and campaign group Surfers Against Sewage said it was vital the public were made aware of the environmental problems caused when household wastewa- ter is allowed to flow into surface water sewers. Speaking at the launch, water min- ister Dan Rogerson, said: "When we see these polluted bathing waters, most people assume pol- lution is from agriculture, industry or sewage works. They do not necessarily think that pollution can also come from homes but in many instances it does." "I'd be staggered if we were going to see that level of switching early on in the process" Water minister Dan Rogerson on the opening of the mar- ket, see interview p8 Plugged in Headline: Campaign to nationalise water reaches European Parliament Conor McGlone: Should the UK water sector be concerned at the EU bringing renationalisation back on the agend? Megan Darby: It's hard to see this happening in the UK - the trend is to (gradually) liberalise the market, with the introduction of retail competition for business customers Graham Mann: OMG can you imagine at this point in time a major change to our water industry imposed by the EU! In reply to your question Conor, yes we should be con- cerned Join the discussion with Utility Week's LinkedIn group, Utility Week networking and news "Undue discrimination in favour of one technology… will contribute to a massive and unjustified transfer of wealth from the consumer to the project proponents" Consumer Futures on proposed government support for Hinkley Point C nuclear plant, p12 Source Good Energy