Posted on: 07/08/2018
Ofgem fines npower over metering
German-owned energy company npower has been hit with a £2.4 million penalty from the regulator after missing a smart meter deadline.
The company was supposed to install 200 smart meters by April 2014 but fitted traditional meters instead.
Ofgem said that business customers had missed out on benefits.
Royal College of GPs to divest from fossil fuels
A body representing more than 52,000 family doctors is to sell its investments in fossil fuel companies.
The board of trustees that governs the Royal College of General Practitioners (RCGP) voted in favour of the move.
Steve Mowle, Honorary Treasurer for the RCGP, said: “We felt that the benefit of our modest investment in fossil fuel companies was outweighed by the negative impact that climate change can have on patients’ health.”
EON plans UK job cuts
German utility firm EON is looking at around 500 redundancies from its UK business.
The company employs around 9,400 staff in the country.
EON blamed the “increasingly competitive environment” in the energy market for its decision. It said roles affected would be in “non-customer facing departments”.
Brewery in solar energy plans
Moorhouse’s Brewery in Lancashire is toasting plans to make one million pints a year using renewable energy.
The company plans to install 169 solar panels to power its brewery in Burnley.
Lee Williams, Moorhouse’s Managing Director, said: “Quite rightly there is a greater expectation from consumers for companies to act more responsibly and they can now make a positive difference through the beer they drink, without compromising on quality.”
Kingfisher plans battery storage
The owner of the B&Q DIY chain has unveiled plans to install 756kW of battery storage capacity at its distribution centre in Swindon.
Kingfisher said the 552 solar panels on the site currently export about 35% of their output to the grid.
The batteries will allow the company to retain power on site, cutting its grid consumption by 31%.