Renewable Power Capital (RPC), has entered the battery storage market in Great Britain, working with Eelpower, the UK specialist battery storage company. The new joint venture will acquire, build and operate utility-scale storage projects and is targetting 1GW of storage,…
News
NGESO publishes CM market notice for 7pm – 30 minutes after demand response consumers will switch back on
by New Power •
UPDATE: the Capacity Market notice below, announced at 14.33, was cancelled at 15.05. NGESO has published a Capacity Market notice for 7pm this evening – a signal to the market that more power is required to maintain supply margins over…
News
CHP2 sees electrolyser order cancelled after manufacturing issues
by New Power •
Octopus Hydrogen cancelled an order for a Membrane-Free Electrolyser from CPH2 and will use an an alternative electrolyser solution at its first site, which is expected to go live in the coming weeks, after CHP2 experienced manufacturing problems with its…
News
Severn Trent power costs rise by 75% despite self generation
by New Power •
Power costs at water company Severn Trent increased by 75% year on year in the six months to 30 September, it said in a trading statement today (22 November). But the company said the cost increase was “much less than…
News
Budget 2022: the industry responds
by New Power •
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…