Frank Elsworth, head of UK onshore development, Vattenfall: “The Russian invasion of Ukraine has put pressure on energy markets across the world and we recognise that we have a role to play to help deal with the economic problems the…
News
NTR acquires second solar farm from RPM
by New Power •
NTR Plc has acquired the Medebridge solar farm project. The 70MWp project in Essex is ready to build, with planning consent, grid connection and land agreements and it was acquired from REG Power Management and other shareholders. It is expected…
Editor's blog
Review: The Green Start-Up
by New Power •
Juliet Davenport compares launching a company with jumping off a cliff, in ‘The Green Start-Up’, her new book for green entrepreneurs. She has drawn on her experience launching Good Energy in 1999 and working with other companies since then, in…
News
Ofgem warns suppliers over ‘unacceptable’ remote switches to pre-payment
by New Power •
Ofgem director of retail Neil Lawrence has written to energy suppliers to warn them over reports that customers had been remotely switched to pre-payment mode. Lawrence said “The cases shared are so concerning, and placed consumers at such risk, that…
News
FIT customers repaid £800,000 in unwarranted admin fees
by New Power •
Feed In Tariff customers who were wrongly charged fees by two companies are to be refunded. Good Energy is to refund over £453,000 to customers whose Feed-In Tariff (FIT) it administers and pay them compensation of £200,000. The customers, who…
News
PAC says Ofgem is not fit for the future as customers’ bill for failing retail market set to rise from £2.7B
by New Power •
“Ofgem’s failure to effectively regulate the energy supplier market has cost households an estimated £2.7 billion – £94 per household – and the cost will increase when the future of Bulb is settled, according to the Public Accounts Committee (PAC).…
News
ECIU calls for budget measures to boost home insulation and cut gas imports
by New Power •
Insulating the UK’s least energy efficient homes before 2030 could cut gas use by 384TWh for the following five years – three times the amount of gas (118TWh) that could be produced from newly approved North Sea fields over the…
News
Equinor and Hitachi Energy formalise collaboration
by New Power •
Energy company Equinor and technology company Hitachi Energy have signed a strategic collaboration agreement. It includes developing standardised base designs for transmission systems to connect offshore wind farms to the onshore grid, including high-voltage direct current (HVDC) versions. The two…
News
GridBeyond claims new trading and hedging service can slash business energy costs
by New Power •
GridBeyond has launched an energy trading and hedging service it claims can halve business energy costs. It says the new hedging service is part of a ‘whole of market’ offering to manage risk and optimise prices, alongside procurement and trading…