Category Archives: Industry News

BP Buys UK’s Leading EV Charging Company

BP has announced it is to buy the UK’s largest EV charging company, Chargemaster, which operates over 6,500 charging points across the country

On completion of the deal, the company will be renamed BP Chargemaster, combining Chargemaster’s extensive EV charging network with BP’s 1,200 service stations, in a move that will widen access to electric vehicle charging in the UK.

Under its new name, BP Chargemaster will rollout ultra-fast charging infrastructure, including 150 kW chargers capable of delivering 100 miles of range in just 10 minutes.

BP’s UK customers can expect to see BP Chargemaster chargers appearing on forecourts over the next 12 months.

Ultra-fast charging

Downstream chief executive Tufan Erginbilgic said: “At BP we believe that fast and convenient charging is critical to support the successful adoption of electric vehicles.

“Combining BP’s and Chargemaster’s complementary expertise, experience and assets is an important step towards offering fast and ultra-fast charging at BP sites across the UK and to BP becoming the leading provider of energy to low carbon vehicles, on the road or at home,” he said.

Founded in 2008, Chargemaster is involved in the development of EV charging points from design and build to sales and operation and runs POLAR, the largest public charging network in the UK used by 40,000 customers.

Chief executive of Chargemaster David Martell, said “The acquisition of Chargemaster by BP marks a true milestone in the move towards low carbon motoring in the UK.

“I am truly excited to lead the Chargemaster team into a new era backed by the strength and scale of BP, which will help us maintain our market-leading position and grow the national POLAR charging network to support the large range of exciting new electric vehicles that are coming to market in the next couple of years.”

The biggest challenge for the team is….

Wayth says: The biggest challenge my team and I face is determining where to focus our efforts. We are basing our choices on seeking the right business models, which create value, are scalable and play to our capabilities and overlaps with the rest of BP.

The biggest challenge for the team is….

Wayth says: The biggest challenge my team and I face is determining where to focus our efforts. We are basing our choices on seeking the right business models, which create value, are scalable and play to our capabilities and overlaps with the rest of BP.




Energy transition

The acquisition adds to the growing number of investments by BP in electric vehicle technology and infrastructure and builds on plans to extend the range of fuels on offer for its customers changing needs.“A key part of BP’s strategy to advance the energy transition is to develop new offers to meet changing customer demand and grow new businesses that support customers to reduce their emissions,” said Erginbilgic.

The biggest challenge for the team is….

Wayth says: The biggest challenge my team and I face is determining where to focus our efforts. We are basing our choices on seeking the right business models, which create value, are scalable and play to our capabilities and overlaps with the rest of BP.

The biggest challenge for the team is….

Wayth says: The biggest challenge my team and I face is determining where to focus our efforts. We are basing our choices on seeking the right business models, which create value, are scalable and play to our capabilities and overlaps with the rest of BP.

The number of electric vehicles on the road is anticipated to increase rapidly in coming decades. Figures from BP’s Energy Outlook 2018 estimates there will be twelve million electric vehicles on the UK roads by 2040.

UK consumers have shown a strong appetite for electric vehicles which for BP represents a strong test-bed for possible replication in markets in Europe and worldwide.

Upon completion of the transaction Chargemaster employees will continue to be employed by BP Chargemaster, a wholly owned BP entity.

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IET Wiring Matters Issue 70 May 2018 Out Now

The May 2018 edition of the IET Wiring Matters magazine is out now ! Lets take a look at what’s in this issue.

Myth Busters May 2018

Electrical installation work is no stranger to the ‘we’ve always done it this way…..’ attitude which is often applied with little thought. This occasional column, by James Eade, intends to expose electrical myths and folklore that still abound in the industry and, where possible, to examine their origin.

An interview with: Leon Markwell

An interview Leon Markwell about his role within the IET, the committees he sits on and his career in the industry.

A brief overview of setting Standards at the IET

We all understand how integral BS 7671 is to the electrical engineering industry, but have you ever wondered how other Standards within the sector come to fruition? In this article, Emma Chafer, takes a look at how you can get involved in setting standards that will enhance engineering.

To read the magazine in full online click here

WM cover May 2018

Wiring Matters Magazine – March 2018

The March 2018 edition of Wiring Matters Magazine is out now, lets take a quick look at what’s inside this issue.

IET Electrical website – New for 2018

IET are launching a new Electrical site, which is mobile responsive, will offer an easier subscriptions process to Wiring Matters magazine, and will be much easier to navigate. The website is due to launch by the end of this month. In the meantime, you might see some changes on a few pages, such as the Shop – which, in early March, will be updated with 18th Edition books ready for you to pre-order.

Why cash is king in construction

Adam Fernandes, from UHY Hacker Young, provides advice about how to manage the accounting for your business ahead of the new tax year.  Have you found yourself in the middle of a complex supply chain? Have you paid out on materials and labour costs and are yet to receive your initial deposit or valuation payment? When you are suffering from negative cash flow, situations like the above can take down even the most profitable of construction businesses and this is why cash flow is so important.

Interview with Allan Burns – Author

Wiring Matters interviews Allan Burns, the author of the IET’s Guide to Smart Homes for Electricians.

Connected Systems video: understanding the systems underpinning smart homes

In October 2016, IET published  Code of Practice for Connected Systems Integration in Buildings. They are continuing to see a lot of interest around smart homes and the connected systems that are required to make a smart home work. However, despite the interest, there seems to be a lack of confidence in how to go about implementing such connected systems.

More detail’s on all of this month’s story’s can be found here.

Wiring Matters cover March Issue 2018

 

Wiring Matters Magazine Issue 68 November 2017

Here we take a look at what is in Wiring Matters Magazine issue 68 (November 2017).

RCDs: everything an electrician should know

Electricians do the best they can every day they go to work – and we want to leave a job safer than when we found it. But what if despite our best efforts, we actually made things worse without realising it? This article seeks to answer this question!

Interview with Geoff Cronshaw

Wiring Matters interviews the IET’s Geoff Cronshaw on his role on JPEL/64.

Interview with Steven Devine

Wiring Matters interviews Steven Devine on his role as an author and a member of a JPEL/64 Sub-Committee.

Fighting the influx of counterfeit electrical goods

It’s that time of year again where thoughts turn away from grey skies and early, dark nights and on to the more festive moments that punctuate the winter ahead. And as ever, Christmas will see the usual spending on electronic goods, with buyers often pursuing the cheapest possible option.

To read the full articles visit – http://electrical.theiet.org/wiring-matters/index.cfm

Cover for November 2017 issue of Wiring Matters

Every Home And Small Business Will Be Offered A Smart Meter By The End Of 2020

Measures to ensure consumers continue to get the most out of their smart meters have been introduced to parliament in the Smart Meters Bill  (Wednesday 18 October).

Every home and small business in Great Britain will be offered a smart meter by the end of 2020, saving consumers billions of pounds over the course of this vital national infrastructure upgrade.

The Bill, first announced in the Queen’s Speech, will enable the government to continue to regulate the roll-out of smart meters up to completion at the end of 2020.

It will also help the government to act on the results of any findings made after 2020 that could improve the experience for consumers and small businesses.

The legislation will also ensure consumers are protected in the unlikely event that the company running the national smart meters communications infrastructure, currently the Smart Data and Communications Company, were to become insolvent.

This will bring the programme in line with other utilities such as water and energy network companies.

Energy Minister Richard Harrington said:

The roll-out of smart meters continues at pace with almost 7.7 million already operating in Great Britain and nearly 350,000 being installed every month, bringing an end to estimated bills and helping people to save energy and money.

Every home and small business will be offered a smart meter by the end of 2020. The Bill published today will ensure consumers continue to get the most from their smart meters once installed, during and beyond the roll-out.

Smart Meters Bill Q&A (PDF, 208KB, 5 pages)

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