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Find out what’s been setting the energy world on fire this week…
We’ve covered Theresa May’s controversial plans for an energy price cap, but what have Labour got planned? If this week’s leaked manifesto is anything to go by, taking back public ownership of the national grid. The manifesto contained pledges to set up publicly owned energy companies in every county in the UK, which would compete with the ‘Big Six’, and hopefully force them to lower their prices. The government would take full control of the National Grid and the policy arm of Ofgem. The pledges show just how high profile the energy sector is in today’s political climate.
How Manchester City plans to power its campus sustainably – Clean Energy News
Manchester City have announced a new partnership with power tech firm Eaton. As part of the partnership they will be investigating ways of powering their huge campus with sustainable energy solutions such as battery storage. Another solution will be wind power – documents have revealed planning permission for 2.3mw of wind capacity in partnership with Ecotricity.
French utility ENGIE enters UK home energy market – Energy Live News
A new player has arrived on the home energy scene – French company Engie has launched its business in the UK. The company plans to differentiate themselves from established players by pledging to switch customers to the cheapest tariff possible when a fixed term tariff comes to an end – as opposed to placing them on pricey out of contract rates. The company has been offering business energy in the UK for over 20 years.
UK battery storage ‘to grow 100-fold by 2020’ – Energy Live News
Battery storage is a key component of a distributed energy grid, and as such is something that is expected to grow rapidly over the coming years. A new report by Smartest Energy indicates that investments are switching from renewables to battery storage as subsidy cuts make renewables a less attractive option.
Remember to keep up to date with all the latest energy news and small business advice by following us on Twitter@switchmybiz.
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