Npower’s continued inability to contribute to the coffers of parent RWE looks likely to move them up the cost saving and asset disposal list.

As RWE struggle to come to grips with the phase-out of nuclear energy in 2022, net debt of over £24 billion, a less than anticipated return on a recent share sale, loss-making long-term gas deals and its failure to setup a joint venture with Gazprom for the takeover of all European generation including the UK, it doesn’t bode well.

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It has taken 25 years of de-regulation for realisation that the Energy Market is in a mess. Whilst some of us brokers and consultants have been a small but insistent voice over the years, trying to persuade Suppliers not to deal with unprofessional TPIs (Third Party Intermediaries), finally Ofgem could have power and legislation to make this happen by the accreditation of energy brokers and TPIs
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Severn Trent Water, one of the UK’s biggest water utilities is on course to complete the first commercial scale dedicated crop digestion plant. Each year 37,000 tonnes of maize is fed into £15 million worth of machinery investment, enabling Severn Trent Water to produce 15GWh of electricity which will be utilised to help run the sewage treatment works.
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Maybe it’s not all ‘Hot Air’ after all. The new coalition Government have now acknowledged the real value in supporting green energy production in the form of £60 million wind energy investment. Clarity of understanding is moving the government away from the required budget cutbacks from missing a real economic (albeit long-term) investment in the sustainability and security of UK energy supply.

The outlay will support the offshore wind infrastructure at port sites, to help meet the increasing needs of manufacturers looking to generate new facilities in the UK and surrounding waters. Essentially the investment will ensure that port infrastructure does not delay the deployment of offshore wind manufacturing.

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