Nick Horler, chief executive of Scottish Power warned that he may be forced to take the issue to the Competition Commission unless Ofgem changes its spending programme. “Ofgem is playing yesterday’s game, which was sweating these assets and bringing costs down,” he told the Sunday Times. “We are at a point where we need to make big new investments. Ofgem has taken a very narrow view of economics and we may have no recourse but to go to the commission.”
The UK has been investigating the potential of smart metering and has set a target of rolling out the technology to all households by 2020 based on wider European targets.
Recent research by the Energy Saving Trust into the optimum design for in-home smart displays has revealed that consumers want the devices to have clear visual displays which show real-time electricity or gas consumption.
Page: 1 2
Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…
Explore the future of work with the Silicon In Focus Podcast. Discover how AI is…
Executive hits out at the DoJ's “staggering proposal” to force Google to sell off its…
US prosecutors confirm earlier reports, demand Google sells off Chrome web browser and end default…
Following Australia? Technology secretary Peter Kyle says possible ban on social media for under-16s in…
Restructuring expert appointed to oversea Northvolt's main facility in northern Sweden, amid financial worries