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Six GB suppliers fined £10.8m for missing smart meter installation targets

Smart Energy International

million smart meters. The six suppliers are British Gas, OVO, Bulb, E.ON, Scottish Power and SSE and they will pay the combined total of £10.8 million) to Ofgem’s Energy Industry Voluntary Redress Fund, which is used primarily to support vulnerable consumers. million (US$2.10) Scottish Power – £1.24 million (US$13.2

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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad. and abroad.

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Should California Link Electricity Bills to Customer Incomes?

GreenTechMedia

California already has some of the highest electricity rates in the country. Those costs could rise even faster over the next decade, as utilities harden their grids against wildfires, grow their share of net-metered rooftop solar, and add other costs being passed through to utility customers.

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Tidal energy firm wins seabed lease to support Shetland clean energy drive

Envirotec Magazine

Tidal energy company Nova Innovation (Nova) plans to develop its largest tidal energy array to date at Yell Sound in Shetland and boost decarbonisation of the local energy supply. Comprehensive environmental monitoring of Nova’s turbines in Bluemull Sound have demonstrated that they work in harmony with marine wildlife.

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APS to install half a million advanced smart meters

Smart Energy International

Advanced metering infrastructure (AMI) is being deployed by utilities across the US to give distribution grid operators better tools to manage the grid. APS, which serves 1.3 Sign up to our newsletter and stay informed.

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Residential Demand Response to Play Key Role Managing US Load This Summer

GreenTechMedia

Heading into summer 2020, looming uncertainty about electricity demand makes flexibility more vital than ever in the United States. In particular, residential demand response faces more pressure than usual as many people continue to work from home over the next few months. power system. The role of generators.

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Smart Energy Finances: Glasgow’s SMS acquires heat pump specialist

Smart Energy International

Glasgow-based Smart Metering Systems (SMS plc), an energy infrastructure company, has acquired the domestic services division of Manchester-based heat pump specialist Evergreen Energy, which imports and distributes European-made renewable energy products.