Utility Week - authoritative, impartial and essential reading for senior people within utilities, regulators and government
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UTILITY WEEK | 7TH - 13TH APRIL 2017 | 5 On 1 April, the world's largest competitive water market opened for more than 1.2 million businesses, charities and public sector customers in England (see lead story, facing page). Market Operator Services Limited (MOSL) assumed the role of market operator on the same day. MOSL chief executive Ben Jeffs said: "We would like to thank all of our members, both old and new, for the positive and co-operative way in which they have worked with us, and each other, to overcome the many challenges we have faced together. Their support has been exemplary." Anglian and Corona sign multi-utility partnership Anglian Water Business has partnered with business energy supplier Corona Energy to offer business customers a tri-utility supply of water, gas and electricity. The two companies have signed a "white label" contract. Anglian said the move would "build its existing reputation for energy efficiency audits, energy and water saving technologies, investment-free installation and shared payback schemes". As part of the new proposition, customers will be able to fix their gas and electricity prices for up to five years, which will allow them to forecast costs accurately and budget more effectively. It will also remove the impact of price volatility in the market. Customers will also be able to renew at any time within their contract life to take advantage of any price reductions that may occur. PAN-UTILITY "Often, through no fault of their own, people are hit with large back bills costing hundreds or even thousands of pounds." Citizens Advice chief executive Gillian Guy comments on Ofgem's proposals to curb energy back billing, see p27 "Classic British fudge" Catherine Mitchell, professor of energy policy at Exeter University, slams the DSO transformation agenda for distribution network operators £290m Funds up for grabs in the second contracts for difference auction, which started on 3 April £110m Amount Engie got for its 40 per cent stake in NuGen (see Stock Watch, p17). INVESTMENT REQUIRED TO MEET COMMITTEE ON CLIMATE CHANGE SCENARIOS FOR HEAT SUPPLY THROUGH HEAT NETWORKS Central and local government action is required to encourage investment to develop heat networks that will help the UK meet its decarbonisation targets. A report by think-tank IPPR states heat networks could serve at least 10 per cent of total heat demand by 2030, and provide up to 81,000 jobs a year and £22 billion of private investment in the UK economy in the process. Source: http://www.ippr.org/ publications/piping-hot Annual heat Potential capital If costs decrease Jobs supported during generated by 2030 investment by 20% construction (five years) 33TWh 54TWh £16.49bn £26.98bn £13.19bn £21.59bn 49,278 80,637